GIBSON: All right. You have, however, said you would favor an increase in the capital gains tax. As a matter of fact, you said on CNBC, and I quote, “I certainly would not go above what existed under Bill Clinton,” which was 28 percent. It’s now 15 percent. That’s almost a doubling, if you went to 28 percent.

But actually, Bill Clinton, in 1997, signed legislation that dropped the capital gains tax to 20 percent.

OBAMA: Right.

GIBSON: And George Bush has taken it down to 15 percent.

OBAMA: Right.

GIBSON: And in each instance, when the rate dropped, revenues from the tax increased; the government took in more money. And in the 1980s, when the tax was increased to 28 percent, the revenues went down.

So why raise it at all, especially given the fact that 100 million people in this country own stock and would be affected?

OBAMA: Well, Charlie, what I’ve said is that I would look at raising the capital gains tax for purposes of fairness. …..

(emphasis mine)
There was no serious pursuit of that exchange in MSM to my knowledge but it would have been easy to challenge BHO with the question, IF you are so concerned about fairness then HOW will the federal government be better prepared to dish out that ‘fairness’ with less revenue?

It’s just so strange to me. BHO appears to actually understand and believe the Laffer curve but really has this unshakable intention to simply PUNISH the rich.

But how how in the world can he reconcile that idea when he IS rich himself? Could it be that perhaps OBAMA HATES HIMSELF (as do many males who were abandoned by their fathers)? To me, this is a VERY worrisome question…