Asking Quote by William J. Clinton
“We will lower the tax burden on middle class Americans by asking the very wealthy to pay their fair share. Middle class taxpayers will have a choice between a children's tax credit or a significant reduction in their income tax rate.”
About This Quote
Source Speech: 1997 State of the Union, Bill Clinton, 1997
The proposal lowers taxes for the middle class by having the wealthy pay more, offering a choice between a child tax credit or a lower income tax rate.
In simple terms: Tax relief for middle class via wealthier contributions, with two benefit options.
Support fair tax policy that offers flexible benefits.
Themes
Mood
Type
When to use this quote
- budget planning
- family financial planning
- political debate
- advocacy
Key Concepts
Questions to Reflect On
- How will the choice affect different family sizes?
- What mechanisms ensure the wealthy pay their share?
Implementation may face political resistance and complexity.