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Obama: "Common Sense" Gun Control Proposals Deserve a Vote

Uber Dave Wrote: Feb 12, 2013 11:35 PM
TROUBLED_CALIFORNIAN Wrote: 0 minutes ago (11:32 PM) "Like tax cutting, creating jobs? Uber Dunce." Yes, you mentally arthritic cretin from Mars... 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...
Uber Dave Wrote: Feb 12, 2013 11:35 PM
...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.

During his State of the Union address on Capitol Hill Tuesday night, President Obama called on Democrats and Republicans to vote on "common sense" gun control proposals.

"If you want to vote no that's your choice, but these proposals deserve a vote," Obama said. "The families of Newtown deserve a vote."

The proposals Obama referred to include a renewal of the assault weapons ban, legislation proposed by Senator Dianne Feinstein to ban hundreds of semi-automatic rifles, handguns and shotguns, a ban on ammunition magazines holding more than 10-rounds and the implementation of a criminalized background check system for...