Tuesday, October 14, 2008

Obama the Socialist

We're starting to see a pattern here.

"GIBSON: And George Bush has taken it [capital gains tax] down to 15 percent.

OBAMA: Right.

GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.

So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness."


Now, add this to Obama's "spreading the wealth" around quote.

Then there's Obama's membership in Socialist groups.

See here also.

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