(VIDEO) Obama: Let’s Raise Capital Gains Tax Even if it brings in LESS Revenue, for Fairness
I found the video above to be perfect for the story you’ll read below from the propaganda pushers over at the Associated Press…
By Julie Pace
WASHINGTON (AP) — President Barack Obama will call for increasing taxes on the wealthiest Americans by raising the capital gains rate and eliminating a tax break on inheritances, then using the revenue to fund new tax credits and other cost-saving measures for the middle class. The president’s proposals are likely to be cheered by the Democratic Party’s liberal base, but the tax increases are all but certain to be non-starters with the new Republican majority on Capitol Hill.
Read the Rest @ Obama Seeking to Raise Taxes
The national debt has risen over SEVEN TRILLION under the “irresponsible and unpatriotic” President Obama ;)