Barack Obama Taxes Quotations

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.

But let me perfectly clear, because I know you'll hear the same old claims that rolling back these tax breaks means a massive tax increase on the American people: if your family earns less than $250,000 a year, you will not see your taxes increased a single dime. I repeat: not one single dime.

I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.

You can't fight a war in Iraq that's costing upwards of $200 billion and rebuild New Orleans ? and try to deal with all of the other domestic needs that we have and then cut taxes for the wealthiest 1% of Americans, ... Face the Nation.

To provide an additional $50 billion in capital gains and dividend tax breaks over the next 10 years, while permitting many of these taxpayers to shirk their responsibility to pay their fair share of taxes is a moral outrage that should not be allowed to happen.

In fact, the best thing we could do on taxes for all Americans is to simplify the individual tax code. This will be a tough job, but members of both parties have expressed an interest in doing this, and I am prepared to join them.