Obama: I Would Not Go Over Cap-Gains Rate of 28 Percent Under Bill Clinton

"Well, you know, I haven't given a firm number. Here's my belief, that we can't go back to some of the, you know, confiscatory rates that existed in the past that distorted sound economics. And I certainly would not go above what existed under Bill Clinton, which was the 28 percent. I would--and my guess would be it would be significantly lower than that. I think that we can have a capital gains rate that is higher than 15 percent."

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March 27, 2008 at 3:33 pm - CNBC
Dateline: New York, NY
if   March 27th, 2008 - 8:04 pm

If obama has his way than Rev Wright would be in bad shape if he has to sell his 1.6 million dollar 10.000 squarefoot house he is building in an exclusive gated community. Rev Wright just another Preacher fleecing the sheep. Remember this has been obamas mentor and spiritual father, I guess like father like son, if elected GET READY FOR THE FLEECING OF AMERICA!! This guy is dangerous!

MFM   March 27th, 2008 - 8:35 pm

Elect Obama = electing one-termer like Jimma Cahtah

rich   March 28th, 2008 - 12:41 am

what a moron!obama and his racist wife are so ignorant when it comes to the economy. Double tax on cap gains great way to stiffle growth encourage welfare. when ou invest you are dealing with after tax dollars in other words obama I have already paid tax on this income. Now if I save and invest instead of spending the money, you will tax it again. you angry liberals this make sense to you does it not? you angry liberals will tear down anything that mother government does not build. wait till Social security falls !!!idiots

Logic Lee   March 28th, 2008 - 1:56 am

Electing Obama would be like electing Jimmy Carter to a second term.

Robert   March 28th, 2008 - 6:09 am

Wow – I didn’t think it was possible to exhibit less knowledge of economics than McCain did, I but I think he did it here.

It isn’t just economics. Could he explain the justification of this punishment? What right does the government have to take this money? Because they can?

gene   March 28th, 2008 - 12:16 pm

Antio Rezko (whose next land deal was to build a Nuclear power plant in Iraq to SELL to the government, in the preliminary trail transcripts), Rev. Wright (black racist Uncle like pastor), Michelle Obama (never been proud of America before my husband made 1.5 million a year), Drug use in his youth (how old? when did youth mean early to mid 20’s?), Canadian NFTA meeting lie (he called them and Canada NEVER was contacted by any other candidate), Rev. Meeks (his other racist spiritual guide), Rev. Otis Moss (the new racist pastor of TUCC), Louis Farrakhan (racist), visited with William Ayers (admitted and proud anarchist and terrorist), and then throws Grandma under the bus to save campaign. Right, now explain to me again Sen. Obama why I should trust you and your judgement?

alph   March 28th, 2008 - 3:36 pm

For the first time in my life, I might vote democrat. That is only if obama beats clinton… I feel that his ignorance is what America needs most in a leader…. not to say the last leader was all that smart, but hopefully our congress will prevent some of his mistakes.

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