Obama’s Robinhood Aspirations - Barry Socialism 101
Joe the Plumber may have called out Barry, but Charlie the Newsanchor fleshed out his socialism during a debate between Barack and Hillary where he makes it clear when it comes to taxes he’s down with OPP (Other People’s Paychecks)
GIBSON: All right. You have, however, said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, “I certainly would not go above what existed under Bill Clinton,” which was 28 percent. It’s now 15 percent. That’s almost a doubling, if you went to 28 percent.
But actually, Bill Clinton, in 1997, signed legislation that dropped the capital gains tax to 20 percent.
OBAMA: Right.
GIBSON: And George Bush has taken it 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
Source: ABC News
See folks Barry isn’t about the health of our economy. His tax plan has nothing to do with raising revenues to pay down our debt. He’s not even trying to hide behind that tree. He wants to be Robinhood, hopefully at least sans the tights. He’s robbing from the rich to give to the poor.
Barack has already started to back away from his cuts using little hints like “sacrifice” and “pitching in” -
“We will all need to sacrifice, we will all need to pitch in.” –Barack Obama 8 October 2008
Bill Clinton did the same thing when he was elected. With Obama and Liberal Democrats controlling Congress you can expect a full scale SPRINT away from his campaign promises and the true socialist will be revealed.
Redistributing wealth isn’t American, at least it didn’t used to be, however it does seem the seeds planted by the Liberal Left since the 60’s are starting to sprout. Nothing will kill our economy faster. Carter II anyone?
