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I have said that for incomes over $250,000 a year, that we…

“I have said that for incomes over $250,000 a year, that we should go back to the rates that we had when Bill Clinton was president, when we created 23 million new jobs, went from deficit to surplus, and created a whole lot of millionaires to boot.” quote by Barack Obama
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“I have said that for incomes over $250,000 a year, that we should go back to the rates that we had when Bill Clinton was president, when we created 23 million new jobs, went from deficit to surplus, and created a whole lot of millionaires to boot.”

Barack Obama

About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

He suggests returning to tax rates from the Clinton era, citing economic growth and job creation.

In simple terms: Lower taxes like boost the and jobs.

Key Takeaway

Consider tax reforms that incentivize growth.

Themes

economics tax policy growth inequality politics

Mood

optimistic critical

Type

political economic

When to use this quote

  • policy debate
  • legislative proposals
  • campaign speeches

Key Concepts

fiscal policy supply side economics wealth distribution

Questions to Reflect On

  • How would modern economic changes affect those rates?
  • What are the trade‑offs of lower taxes for high earners?
A Different Perspective

Historical tax rates may not suit current economic conditions.

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