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The Background:
In light of being told by Charlie Gibson during a debate that increasing capital gains tax rates decreases revenue, and decreasing capital gains tax rates increases revenue, then candidate Barack Obama stuck by his plan to increase the rate.

The Quote:
Barack Obama Well, Charlie, what I've said is that I would look at raising the capital gains tax for purposes of fairness.

The Who & When:
  • Barack Obama, April 16, 2008

  • The Source:
  • Washington Post

  • The Video:
    See More Pablum From Barack Obama:
    Barack Obama Quotes
    Barack Obama

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