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`. You have, however, said you would favor an increase in the capital gains tax.Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator ... Fact Checker blog, Post staff writer Glenn Kessler cited the CBO brief and wrote: "Charlie Gibson twice challenged Obama on the question of why he might consider raising capital gains taxes when, he claimed, cuts in the tax always results in .. Gibson, for his part, gave the standard apology for lower capital gains taxes, repeating over and over again that when the rate was brought down to 15 percent, the government took in more tax revenues than when it was at 20 percent or& . OBAMA: Right. GIBSON: All right. Research & obama gibson capital gains video Gibson laid out clear evidence showing that whenever the capital gains rate has been cut in the past 20 years, revenues have shot up, while the one time the rate was raised - surprise, surprise - revenues headed south...During the April 16 Democratic presidential debate, Charles Gibson asserted of capital-gains tax cuts that "in each instance, when the rate dropped, revenues from the tax increased.. But actually, Bill Clinton in 1997 signed legislation that dropped the capital gains tax to 20 percent. And Charlie pointed& ..The President issues a statement on the passing of Rep.“You have, however, said you would favor an increase in the capital-gains tax,” Gibson said specifically to Obama(?). But actually, Bill Clinton in 1997 signed legislation that dropped the capital gains tax to 20 percent. And Charlie pointed& ..The President issues a statement on the passing of Rep.“You have, however, said you would favor an increase in the capital-gains tax,” Gibson said specifically to Obama(?).. Gibson then confronted Obama with his promise to essentially double the capital gains rate if he were elected president. Video &.Barack Obama`s "mindset about taxes": "He earlier gave us a glimpse of that in the interview he did with [ABC World News anchor Charles] Gibson when he was talking about raising capital gains tax rates. The reality that a lower cap gains rate brings in more government tax revenue didn`t faze him one bit. “As a matter of fact, you said on CNBC, and I quote, `I certainly would not go above what existed under Bill& . Gibson then confronted Obama with his promise to essentially double the capital gains rate if he were elected president. Video &.Barack Obama`s "mindset about taxes": "He earlier gave us a glimpse of that in the interview he did with [ABC World News anchor Charles] Gibson when he was talking about raising capital gains tax rates. The reality that a lower cap gains rate brings in more government tax revenue didn`t faze him one bit. “As a matter of fact, you said on CNBC, and I quote, `I certainly would not go above what existed under Bill& . Blog &..That`s almost a doubling if you went to 28 percent.In it, Charlie Gibson explains that raising capital gains tax rates has always ended up reducing revenues, so why would he want to do that? Obama`s answer - in so many words - `it`s not about revenue, it`s about fairness.` “As a matter of fact, you said on CNBC, and I quote, `I certainly would not go above what existed under Bill& . Blog &..That`s almost a doubling if you went to 28 percent.In it, Charlie Gibson explains that raising capital gains tax rates has always ended up reducing revenues, so why would he want to do that? Obama`s answer - in so many words - `it`s not about revenue, it`s about fairness.`. You have, however, said you would favor an increase in the capital gains tax.Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator ... Fact Checker blog, Post staff writer Glenn Kessler cited the CBO brief and wrote: "Charlie Gibson twice challenged Obama on the question of why he might consider raising capital gains taxes when, he claimed, cuts in the tax always results in `. You have, however, said you would favor an increase in the capital gains tax.Gibson asks Obama, with the facts showing lower tax rates actually increase revenue, why raise the capital gains tax at all? Then Senator ... Fact Checker blog, Post staff writer Glenn Kessler cited the CBO brief and wrote: "Charlie Gibson twice challenged Obama on the question of why he might consider raising capital gains taxes when, he claimed, cuts in the tax always results in .. Gibson, for his part, gave the standard apology for lower capital gains taxes, repeating over and over again that when the rate was brought down to 15 percent, the government took in more tax revenues than when it was at 20 percent or& . OBAMA: Right. GIBSON: All right. Research & high school girls
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