"I will give a tax cut to 95 percent of Americans," Obama told the crowd in Raleigh, defending his economic plan and accusing the McCain campaign of trying to label him a "communist" because he shared his toys as a child.
When asked if the "redistributionist" label was a compliment or an insult, Obama said, "Well, I gather he means it as an insult."
"All we want to do is restore some balance so that the economy is growing from the bottom up," Obama told Gibson. "That's good for everybody. ... There's nothing wrong with us going back to these old tax rates in order to give tax relief to 95 percent of Americans who have been struggling even when the economy was growing. Now, that basic principle is as American as apple pie."
McCain campaign spokesman Tucker Bounds responded to Obama's speech in a statement: "No one cares what Barack Obama does with his toys, but Americans do care that he wants to raise taxes, add a trillion dollars in new spending and redistribute your hard-earned paycheck as he sees fit."
In Raleigh, N.C., today, Obama urged supporters not to let up "when there's so much at stake." Obama said McCain had stood by President Bush's economic policies.
"He hasn't been a maverick, he's been a sidekick," Obama said in his speech.
Obama spent the day campaigning in North Carolina before heading to Florida, where Gov. Charlie Crist has ordered polls to stay open an extra four hours a day and 12 hours over the weekend for early voting due to record turnout. According to early voting figures, nearly 12 million people nationwide will have cast their ballots before Nov. 4.
Late tonight, Obama will hold a joint rally with former President Bill Clinton in Kissimmee, Fla.
Last week, when early voting began in the Sunshine State, Obama appeared in Orlando with Sen. Hillary Clinton. In their first joint interview, Obama told ABC News that Clinton was "a more effective messenger for us than just about anybody" in Florida.
McCain campaigned today in Florida, attempting to convince voters that Obama is still not ready to lead on critical issues, particularly national security.
In a speech in Tampa, McCain said Obama was unprepared "to protect America from Osama bin Laden, al Qaeda and other grave threats in the world."
According to a recent ABC News/Washington Post poll, while McCain has narrowed Obama's lead to 9 points when it comes to who voters trust to manage the economy, Obama maintains a 51 percent to 41 percent advantage in the area of whom voters trust more to address the issue of taxes.
Obama said he has considered what he would do in the future if he lost the election.
"Michelle and I were extraordinarily happy before I started running," he said. "And, you know, I'm a relatively young man. You know, they say that there are no second acts in politics, but, you know, I think there are enough exceptions out there that I could envision returning to the Senate and just doing some terrific work with the next president and the next Congress."