---
title: "Meaning & Key Takeaway of: That's an important Obama accomplishment…"
description: "\"That's an important Obama accomplishment: he raised taxes back to Bill Clinton levels, and made a major dent in inequality doing so. That's certain to ..."
image: "https://sms4smile.com/quotes/i/6ac/jonathan-chait-14941_accomplishment_that-s-an-important-obama-accomplishment_430369.png"
---

#  That's an important Obama accomplishment: he raised taxes…

![“That's an important Obama accomplishment: he raised taxes back to Bill Clinton levels, and made a major dent in inequality doing so. That's certain to be reversed, that's going to disappear. The Republicans are going to slash the rich's taxes.” quote by Jonathan Chait](https://sms4smile.com/quotes/i/6ac/jonathan-chait-14941_accomplishment_that-s-an-important-obama-accomplishment_430369.png)   [Download](https://sms4smile.com/quotes/i/6ac/jonathan-chait-14941_accomplishment_that-s-an-important-obama-accomplishment_430369.png) [Open image](https://sms4smile.com/quotes/i/6ac/jonathan-chait-14941_accomplishment_that-s-an-important-obama-accomplishment_430369.png)

> “That's an important Obama accomplishment: he raised taxes back to Bill Clinton levels, and made a major dent in inequality doing so. That's certain to be reversed, that's going to disappear. The Republicans are going to slash the rich's taxes.”

[Jonathan Chait](https://sms4smile.com/quotes/author/jonathan-chait/)

## About This Quote

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

Raising taxes on the wealthy can reduce inequality, but political shifts may reverse such measures.

**In simple terms:** Tax hikes on rich can cut inequality, but may be undone.

Key Takeaway

Advocate for sustainable, bipartisan tax reforms.

Themes

economics politics inequality

Mood

critical analytical

Type

political policy

When to use this quote

- legislative strategy
- public advocacy
- economic analysis

Key Concepts

progressive taxation policy stability wealth distribution

Questions to Reflect On

- What safeguards can protect progressive tax policies?
- How to build broad support for tax equity?

A Different Perspective

Political opposition can stall reforms.

★ ★ ★ ★ ★   No ratings yet

[Accomplishment](https://sms4smile.com/quotes/about/accomplishment/) [Inequality](https://sms4smile.com/quotes/about/inequality/) [Republican](https://sms4smile.com/quotes/about/republican/) [Taxes](https://sms4smile.com/quotes/about/taxes/)

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