The video below is a flashback from a debate between Obama and Hillary. Obama is asked why he wants to raise capital gains tax rates when the data show that lower rates produce more revenue to the government (because people are more likely to sell an asset if the tax bite is lower). He says it's not about revenue, it's about fairness. Then he goes on to talk about needing more revenue to do the things government needs to do, and how he will not run up the debt that George Bush did. Sadly, he's technically correct on that last point, since he's already blown by Bush on accumulating debt.
I am posting this not just as evidence of his Marxist tendencies. If you listen to his words, it's easy to see that he doesn't have a clue what he's talking about. His approach then, and now, is to give long-winded, meandering responses which are apparently designed to challenge the attention span of his audience, who are then supposed to conclude that what he said must be really smart.
Obama Says Raising Taxes Not About Revenue, But About Fairness
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