Balance Quote by Barack Obama
“I think that we've had an economy that's been out of balance for too long. So the general principle of raising taxes on higher income Americans, like myself, and providing relief to those who haven't benefited as much from this new global economy, I think is a sound one.”
About This Quote
Source Speech: Economic Policy Remarks, 2015
The economy has been skewed, so taxing the wealthy more and aiding those left behind is fair.
In simple terms: Tax the rich, help the poor.
Key Takeaway
Support progressive taxation.
Themes
economy
fairness
taxation
Mood
concerned
optimistic
Type
policy
economic
When to use this quote
- budget planning
- social welfare
- public policy
- tax reform
Key Concepts
progressive policy
wealth redistribution
Questions to Reflect On
- How can we balance growth and equity?
- What are alternatives to higher taxes?
A Different Perspective
Higher taxes may discourage investment.
![“That is another theme in the book [Dreams from My Father]. How do we exercise more empathy in our public discourse? How do we get the black to see through the eyes of the white? Or the citizen to see through the eyes of the immigrant? Or the straight to see through the eyes of the gay? That has…” quote by Barack Obama](https://sms4smile.com/quotes/img-quotes/00d/barack-obama-17_black_that-is-another-theme-in-the-book-dreams_10185.jpg)
