In December, I agreed to extend the tax cuts for the wealthiest Americans because it was the only way I could prevent a tax hike on middle-class Americans. But we cannot afford $1 trillion worth of tax cuts for every millionaire and billionaire in our society. We can't afford it. And I refuse to renew them again.
Barack Obama
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More quotes by Barack Obama
- So while an incredible amount of progress has been made, on this fifth anniversary, I wanted to come here and tell the people of this city directly: My administration is going to stand with you - and fight alongside you - until the job is done. Until New Orleans is all the way back, all the way.
- We have an obligation and a responsibility to be investing in our students and our schools. We must make sure that people who have the grades, the desire and the will, but not the money, can still get the best education possible.
- But what we can do, as flawed as we are, is still see God in other people, and do our best to help them find their own grace. That's what I strive to do, that's what I pray to do every day.
- I know my country has not perfected itself. At times, we've struggled to keep the promise of liberty and equality for all of our people. We've made our share of mistakes, and there are times when our actions around the world have not lived up to our best intentions.
- 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.