Change We Can Believe In, by Barack Obama: on Tax Reform

Middle class tax cut helps offset rising cost of gas & food

These are challenging times. That’s why I spent last week talking about immediate steps we need to take to provide working Americans with relief. A broad-based, middle class tax cut, to help offset the rising cost of gas and food. A foreclosure prevention fund, to help stabilize the housing market. A health care plan that lowers costs and gives those without health insurance the same kind of coverage members of Congress have. A commitment to retirement security that stabilizes Social Security, and provides workers a means to increase savings. And a plan to crack down on unfair and sometimes deceptive lending in the credit card and housing markets, to help families climb out of crippling debt, and stay out of debt in the first place.

These steps are all paid for, and designed to restore balance and fairness to the American economy after years of Bush Administration policies that tilted the playing field in favor of the wealthy and the well-connected.

Source: Speech in Flint, MI, in Change We Can Believe In, p.244 Jun 15, 2008

The above quotations are from Change We Can Believe In Barack Obama's Plan to Renew America Published Sept. 9, 2008. Click here for definitions & background information on Tax Reform. Click here for other issues (main summary page). Click here for more quotes by Barack Obama on Tax Reform.
*Candidates and political leaders on Tax Reform:*
*Incoming Obama Administration:* Pres.:Sen.Barack Obama V.P.:Sen.Joe Biden State:Hillary Clinton Staff:Rahm Emanuel Treas.:Tim Geithner DoD:Robert Gates A.G.:Eric Holder DHS:Janet Napolitano DoC:Bill Richardson	*Outgoing Bush Administration:* Pres.:George Bush V.P.:Dick Cheney A.G.:John Ashcroft(2005) DEA:Asa Hutchinson(2005) USDA:Mike Johanns(2007) EPA:Mike Leavitt HUD:Mel Martinez(2003) State:Colin Powell(2005) State:Condoleezza Rice HHS:Tommy Thompson(2005)	*2008 Presidential contenders:* AIP: Frank McEnulty Constitution: Chuck Baldwin GOP: Sen.John McCain GOP VP: Gov.Sarah Palin Green: Rep.Cynthia McKinney Independent: Ralph Nader Liberation: Gloria La Riva Libertarian: Rep.Bob Barr NAIP: Amb.Alan Keyes Socialist: Brian Moore
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