QuoteProject
I want to reform the tax code so that it's simple, fair, and asks the wealthiest households to pay higher taxes on incomes over $250,000 - the same rate we had when Bill Clinton was president; the same rate we had when our economy created nearly 23 million new jobs, the biggest surplus in history, and a lot of millionaires to boot.
Barack Obama
ShareWTF𝕏

Interpretation

What this quote means

The quote advocates for a reformed tax system that is equitable and increases taxes on the wealthy.

In this quote, Barack Obama expresses his desire to simplify the tax code and make it fairer by imposing higher tax rates on the wealthiest Americans. He references historical precedents during Bill Clinton's presidency, underscoring that such tax policies are linked to economic growth and job creation, while also hoping to address income inequality.

Themes

Tax CodeFairnessWealthyHigher TaxesEconomyJob Creation

In practice

Example use cases

In a debate about economic policies, one could cite this quote to emphasize the need for fair tax reform.

More from Barack Obama

There will be setbacks and false starts. There are many who won't agree with every decision or policy I make as president. And we know the government can't solve every problem. But I will always be honest with you about the challenges we face. I will listen to you, especially when we disagree. And, above all, I will ask you to join in the work of remaking this nation, the only way it's been done in America for 221 years -- block by block, brick by brick, calloused hand by calloused hand.
Barack ObamaRead
Now we're in the midst of not just advocating for change, not just calling for change - we're doing the grinding, sometimes frustrating work of delivering change - inch by inch, day by day.
Barack ObamaRead
The government has to treat all citizens equally. I am a strong supporter not of a weak version of civil unions, but of a strong version, in which the rights that are conferred at the federal level to persons who are part of the same-sex union are compatible. When it comes to federal rights, the over 1,100 rights that right now are not being given to same-sex couples, I think that's unacceptable.
Barack ObamaRead
Simple exchanges can break down walls between us, for when people come together and speak to one another and share a common experience, then their common humanity is revealed. We are reminded that we're joined together by our pursuit of a life that's productive and purposeful, and when that happens mistrust begins to fade and our smaller differences no longer overshadow the things that we share. And that's where progress begins.
Barack ObamaRead
We've had every official in Hawaii, Democrat and Republican, every news outlet that has investigated this, confirm that, yes, in fact, I was born in Hawaii, Aug. 4, 1961, in Kapiolani Hospital.
Barack ObamaRead
What is required of us now is a new era of responsibility - a recognition, on the part of every American, that we have duties to ourselves, our nation, and the world, duties that we do not grudgingly accept but rather seize gladly, firm in the knowledge that there is nothing so satisfying to the spirit, so defining of our character, than giving our all to a difficult task. This is the price and the promise of citizenship.
Barack ObamaRead

Similar quotes

Governments that use violence to stop democratic development will not earn themselves respite forever. They will pay an increasingly high price for actions which they can no longer hide from the world with ease, and will find themselves on the wrong side of history.
William HagueRead
Any attempts by any government to change Community legislation to its own wishes are doomed to failure following the extension of policy areas now subject to majority voting... In our opinion, this must have serious implications for the traditional view of Parliament as a legislative body sovereignty.
Margaret ThatcherRead
If someone is cynical and doesn't vote and ends up with a crummy job in a crummy country with a decimated environment, they only have themselves to blame.
MobyRead
Every government is a parliament of whores. The trouble is, in a democracy, the whores are us.
P. J. O'RourkeRead
Politics is not like an ocean voyage or a military campaign... something which leaves off as soon as reached. It is not a public chore to be gotten over with. It is a way of life.
PlutarchRead
Political leaders still think things can be done through force, but that cannot solve terrorism. Backwardness is the breeding ground of terror, and that is what we have to fight.
Mikhail GorbachevRead

A little wisdom, now and then

Subscribe for the occasional hand-picked quote. No noise.