Obama's Capital Gains Tax "Fairness"

Obama isn't interested in increasing government revenue, he is interested in punishment and income redistribution under the guise of "fairness".

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[asleeperj]

The capital gains tax is now 20%. Thank you progressives. Now every dollar i invest, from the money LEFT OVER from my paycheck AFTER Social SECURITY, (i'm 25, and will NEVER SEE A DIME) Medicare, Medicade, INCOME tax, AND all my OTHER EXPENSES, I then have to fork over to the federal government 20% what i make on the little money left i have to invest. THIS IS RIDICULOUS. This is a war on the middle class. I have to remember to be civil about this. GIVE ME A BREAK!

[utoobia]

This should have been a huge clue-in to this man's economic idiocy. He's OK the Gov't would probably bring in LESS money, in order to make things "FAIR"? Jesus. How exactly does this help the secretary he mentions? Yeah, that's right, it doesn't...it hurts that person too. Whenever you hear a politicain use the word "fair", run for the freakin hills.

[Christopher Louissaint]

OBAMA ECONOMIC POLICES AND HIS VIEWS ON FAIRNESS HAVE FAILED!

[NovemberAlphaTango]

"I believe in the principle that you pay as you go." Uh huh... No one seems to care that everything Obama says is a lie. Tell us again about how $4T of debt is unpatriotic.

[smsaikawa]

Get off your duff and finish that thing. Time is fast running out.

[DeathScouter]

With this video, we have all the PROOF we need that Obama -by his own words- does NOT CARE about the "economy" or the "unemployed" or the "middle class" or "debt level".... Barack Obama's PRIMARY care (and purpose) is the promotion of a Socialist ideology. ANYONE who can watch this video and then dispute this post is a LUNATIC.

Oh... and by the way... this "housing crisis" was caused by Bill Clinton and the COMMUNITY ORGANIZER (Obama) who SUED and forced banks to make bad loans.

[Sgant2nd]

Omg. Liberals are so lost this video has convinced me!

[foxxshox]

fucking muslim cock sucker

[Micah Tewers]

I don't know whether to like or dislike the video.

I dislike Obama's view... just know that. haha

[ccmaymd01]

These are not difficult or controversial concepts. There has been broad agreement on them among Republicans and Democrats for many years.

The fact that you are even asking this question tells me you are an economic illiterate. Please, Sasha, don't vote. You are too stupid.

[ccmaymd01]

1) Asset income has already been taxed at the 35% corporate rate before it is distributed to investors.

2) Investments are at risk; earned income is not (barring bankruptcy of your employer.) It requires more favorable treatment to get people to put money at risk than to keep it under their mattresses.

3) Investments create jobs for other people. If the taxes are raised too high on investment income, investment dries up, so jobs held by other people will be lost, and less tax will be paid.

[Shafawn Shaf]

Why can't you just call them what they are? CLOSET COMMIES