Obama Fundraiser Criticizes Candidate's Tax Proposals

admin — Mon, 25 Aug 2008 21:40:28 +0000

Nathan Burchfiel

Conservatives are certainly opposed to tax increases proposed by Democratic presidential nominee Sen. Barack Obama. But even some of his supporters are calling for revisions to his plans.

“[I]’d have the capital gains as they are,” Don Peebles, Chairman and CEO of the Peebles Corporation, told CNBC’s “Squawk Box” August 25. “I think that what we need – and I think that Sen. Obama’s been clear about this – is that it’s a question also of who pays capital gains and what income is treated a capital gains income.”