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FLASHBACK: Obama Says Raising Taxes Not About Revenue But About Fairness
Townhall ^ | Jul 15, 2011 | Katie Pavlich

Posted on 10/20/2011 8:48:50 PM PDT by cruise_missile

Remember when President Obama was a U.S. Senator talking about how raising taxes is about "fairness?" We do. In the following clip, Charlie Gibson explains how history shows lowering the capital gains tax actually increases government revenue.

Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator Obama responds by saying raising taxes is about fairness.

http://townhall.com/tipsheet/katiepavlich/2011/07/15/flashback_obama_says_raising_taxes_not_about_revenue_but_about_fairness

(Excerpt) Read more at townhall.com ...


TOPICS: Business/Economy; History; Miscellaneous; Reference
KEYWORDS: fairness; revenue; socialism; taxes

1 posted on 10/20/2011 8:48:57 PM PDT by cruise_missile
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To: cruise_missile

http://townhall.com/tipsheet/katiepavlich/2011/07/15/flashback_obama_says_raising_taxes_not_about_revenue_but_about_fairness


2 posted on 10/20/2011 8:50:59 PM PDT by cruise_missile
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To: cruise_missile

3 posted on 10/20/2011 8:54:32 PM PDT by death2tyrants
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To: cruise_missile

As much as I dislike taxes, the federal government has the authority to raise funds for lawful purposes. But there is no Constitutional authorization for it to promote redistributive “fairness.”


4 posted on 10/20/2011 8:57:26 PM PDT by coloradan (The US has become a banana republic, except without the bananas - or the republic.)
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To: cruise_missile

In other words, Obama would rather have his Marxist sense of “fairness” than higher government tax revenues. The Republicans ought to use this in the upcoming election campaign. This might seem nonsensical to even a Democrat.


5 posted on 10/20/2011 9:01:55 PM PDT by Avid Coug
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To: cruise_missile

Hello, Comrade Chairman You Lie Obama: WHEN YOUR OUTGO EXCEEDS YOUR INCOME, YOUR UPKEEP WILL BE YOUR DOWNFALL.


6 posted on 10/20/2011 9:04:06 PM PDT by Graewoulf ( obama"care" violates the 1890 Sherman Anti-Trust Law, AND is illegal by the U.S. Constitution.)
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To: cruise_missile

I’ll take justice over fairness every day and twice on Sunday.


7 posted on 10/20/2011 9:08:21 PM PDT by DaveyB (Our Constitution was made only for a moral and religious people. -John Adams)
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To: Graewoulf

By then he will be retired in Hawaii.


8 posted on 10/20/2011 9:08:28 PM PDT by cruise_missile
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To: DaveyB

Whose justice. Obama’s?


9 posted on 10/20/2011 9:09:43 PM PDT by cruise_missile
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To: cruise_missile

Well, if it’s only about fairness, then Obama DEFINITELY should support 999. Because it’s VERY fair.


10 posted on 10/20/2011 9:09:55 PM PDT by fightinJAG (NO REPRESENTATION WITHOUT TAXATION! Everyone should pay taxes, everyone should pay the same rate.)
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To: Avid Coug

That is why I posted it.

It defies all logic.

Everyone should send that clip to everyone they know.


11 posted on 10/20/2011 9:11:01 PM PDT by cruise_missile
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To: Avid Coug

Anyone who expresses the least bit of surprise, much less shock, at what this dangerous bumbler has pursued once in the Office of the President of the United States really didn’t pay one whit of attention beforehand.

Or else was completely dupable.


12 posted on 10/20/2011 9:12:01 PM PDT by fightinJAG (NO REPRESENTATION WITHOUT TAXATION! Everyone should pay taxes, everyone should pay the same rate.)
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To: cruise_missile

Fairness—my butt. It’s about playing some sort of crooked Robin Hood and turning the middle class into begging peasants.


13 posted on 10/20/2011 9:16:14 PM PDT by madison10
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To: cruise_missile

FUBO!


14 posted on 10/20/2011 9:17:44 PM PDT by television is just wrong
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To: madison10
Yeah. Obama’s fairness. Whatever that nebulous term may mean.

Stalin's fairness?
Mao's fairness?

15 posted on 10/20/2011 9:19:29 PM PDT by cruise_missile
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To: coloradan

I don’t dislike taxes. They are necessary to a certain extent and provide things that make my life better, like roads, fire protection, etc. What I dislike are excessive and unlawful taxes to fund the redistributive state. I say unlawful because I can read the US Constitution, but we all know the law these days is whatever the politicians and judges want to make it.

Whatever private property rights once existed have long since disappeared. The only remaining fundamental liberties, according to the left, are the rights to abortion and sodomy. That’s it. As for taxes, they can take whatever they want so long as a majority agrees. It’s like lions and sheep voting over what’s for dinner.


16 posted on 10/20/2011 9:19:52 PM PDT by CitizenUSA (What's special about bad? Bad is easy. Anyone can do bad. Aspire to be good!)
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To: cruise_missile

Our little Kenyan buddy is nothing if not fair. You’ll recall he went to Harvard, so he’s got to be, like, really really smart and also fair.


17 posted on 10/20/2011 9:27:37 PM PDT by Jay Santos CP ("Idiocracy"... It's no longer just a movie.)
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To: All; cruise_missile
That's the argument that drove the debt ceiling debate to the edge.

Obama was never about increasing revenues, as Boehner learned in the "grand bargain" negotiations.

18 posted on 10/20/2011 9:27:44 PM PDT by newzjunkey (Republicans will find a way to reelected Obama.)
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To: Jay Santos CP

The smartest engineer I ever worked with went to a no name school.

Harvard just makes you devious.


19 posted on 10/20/2011 9:31:35 PM PDT by cruise_missile
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To: newzjunkey

Yeah.

Not about business or fiscal responsibility.

It’s about fairness.
How do you negotiate with that lack of intellect?


20 posted on 10/20/2011 9:34:41 PM PDT by cruise_missile
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To: cruise_missile
The honorable Gentleman is saying that he would rather that the poor were poorer, provided that the rich were less rich. That way one will never create the wealth for better social services, as we have. What a policy. Yes, he would rather have the poor poorer, provided that the rich were less rich. That is the Liberal policy.
Margaret Thatcher

21 posted on 10/20/2011 9:46:37 PM PDT by Paleo Conservative
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To: cruise_missile

“By then he will be retired in Hawaii.”

Thanks for the town correction. I was not aware that there was a Hawaii, Kenya.


22 posted on 10/20/2011 9:55:56 PM PDT by Graewoulf ( obama"care" violates the 1890 Sherman Anti-Trust Law, AND is illegal by the U.S. Constitution.)
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To: Paleo Conservative

The female Ronald Reagan.


23 posted on 10/20/2011 10:00:24 PM PDT by cruise_missile
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To: cruise_missile

Fairness—Hey Obama, I don’t think that means what you think it means.

Fair would be the flat tax. All citizens treated equally under the law.


24 posted on 10/20/2011 10:32:33 PM PDT by mtrott
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...
In the following clip, Charlie Gibson explains how history shows lowering the capital gains tax actually increases government revenue. Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator Obama responds by saying raising taxes is about fairness.
Thanks cruise_missile.
Thanks Vintage Freeper for posting this:

Debt Ceiling Debate in a Nutshell | Creators.com | 07/29/2011 | Chip Bok | Posted on 07/30/2011 12:12:11 PM PDT by Vintage Freeper

25 posted on 10/24/2011 3:57:38 AM PDT by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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