Obama wants to raise the capital gains tax.  Initially, his position was that it should be increased to 28% or 30%.  After being presented with definitive empirical evidence that government revenue has been enhanced substantially every time the tax has been reduced and negatively impacted when it's been raised, he adjusted his stance to indicate that he favors a rate somewhere in the 20% area.  When pressed on why he still favors an increase despite contrary facts, he blithely says it is a fairness issue.  Huh?  Apparently he wants to cut off his nose to spite his face.  Does he not realize that his social/economic agenda will be untennable without significant increases in revenue (not to mention similarly large decreases in current spending)?