“I'll cut out government spending that's not working, that we can't afford, but I'm also going to ask anybody making over $250,000 a year to go back to the tax rates they were paying under Bill Clinton, back when our economy created 23 million new jobs, the biggest budget surplus in history and everybody did well. Just like we've tried their plan, we tried our plan — and it worked. That's the difference. That's the choice in this election. That's why I'm running for a second term.”

— Barack Obama

Campaign speech http://www.whitehouse.gov/the-press-office/2012/07/24/remarks-president-campaign-event, Oakland, California, , quoted in Partially quoted as "We tried our plan and it worked. That's the difference. That's the choice in this election. That's why I'm running for a second term." in Mitt Romney " It Worked http://www.youtube.com/watch?v=x0etEmiCL8M" campaign ad () 2012

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44th President of the United States of America 1961

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“You are going to approve one of the biggest tax cuts in history. You are going to approve one of the biggest tax increases in history. You are going to drive business out. Your regulations are a disaster, and you're going to increase regulations all over the place. And by the way, my tax cut is the biggest since Ronald Reagan. I'm very proud of it. It will create tremendous numbers of new jobs. But regulations, you are going to regulate these businesses out of existence. … The things that business as in people like the most is the fact that I'm cutting regulation. You have regulations on top of regulations, and new companies cannot form and old companies are going out of business. And you want to increase the regulations and make them even worse. I'm going to cut regulations. I'm going to cut taxes big league, and you're going to raise taxes big league, end of story.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, September, First presidential debate (September 26, 2016)

“My budget blueprint will restrain spending, yet meet growing needs with a reasonable 4 percent growth rate, which is a little more than inflation. After paying the bills, my plan reduces the national debt, and fast. So fast, in fact, that economists worry that we're going to run out of debt to retire. That would be a good worry to have. Finally, along with funding our priorities and paying down debt, my plan returns about one out of every four dollars of the surplus to the American taxpayers, who created the surplus in the first place. A surplus in tax revenue, after all, means that taxpayers have been overcharged. And usually when you've been overcharged, you expect to get something back. Tax relief means real help for both American families and the American economy. Everybody who pays income taxes will receive a tax cut. Nobody will be targeted in, and nobody will be targeted out. The typical family will get about $1,600 in tax relief, and that's real money. And that's money that will help American families manage their own accounts, manage your own balance sheets.”

George W. Bush (1946) 43rd President of the United States

2000s, 2001, Radio Address to the Nation (February 2001)

“It would be impossible to reach unanimity on every aspect of our budget, but it's clear there is widespread support for the concept of change. We face a choice between either cutting waste out of government, or facing a new job killing tax increase every year from here on out.”

Mitt Romney (1947) American businessman and politician

Press release, 2003-02-27 http://myclob.pbwiki.com/02-27-2003 2003–2007 Governor of Massachusetts

“It is true that I want to roll back the Bush tax cuts on the very wealthiest Americans and go back to the rate that they paid under Bill Clinton. John McCain calls that socialism. What he forgets, conveniently, is that just a few years ago, he himself said those Bush tax cuts were irresponsible. He said he couldn't in good conscience support tax cuts where the benefit went to the wealthy at the expense of middle class Americans who most need the tax relief. That's his quote. Well, he was right then, and I am right now.”

Barack Obama (1961) 44th President of the United States of America

Comments at a campaign rally in Tampa; Florida (20 October 2008) http://www.baynews9.com/content/36/2008/10/20/394027.html 2008

“So that as I tried to say in my speech, we are not faced with the question of balancing our budget, or having a tax reduction. I believe we are faced with the fact that we are going to have a deficit mostly because of the sharp rise in the recent years in space and defense, and to increase our taxes sufficient to bring that budget into balance would be defeating, because of course it would provide a heavy deflationary effect on our economy, and move us into a recession at an accelerated rate.”

John F. Kennedy (1917–1963) 35th president of the United States of America

Source: 1962, Address and Question and Answer Period at the Economic Club of New York

“I'm getting ready to buy a company that makes 250 to 280 thousand dollars a year. Your new tax plan's going to tax me more, isn't it?”

Joe the Plumber (1973) American conservative activist and commentator

A question presented to US Senator and Presidential candidate Barack Obama as he campaigned in Wurzelbacher's neighborhood. (12 October 2008) Obama responded in part: My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody. If you’ve got a plumbing business, you’re gonna be better off [...] if you’ve got a whole bunch of customers who can afford to hire you, and right now everybody’s so pinched that business is bad for everybody and I think when you spread the wealth around, it’s good for everybody. - (Full, unedited video of the conversation between Wurzelbacher and Obama) http://www.liveleak.com/view?i=1a4_1224166209 This response became a major focus of the presidential campaign of John McCain during the third and final presidential debates between him and Obama, on 15 October 2008, and in later campaign ads which compared Obama's comments on his tax plan to an embrace of socialism.

“Corporate inversion, they're leaving the United States, we have almost $5 trillion sitting out there, where they can't get the money back, they can't bring it in because there's no mechanism to bring it back in and the tax is so high. I'm going to bring tremendous amounts of money, tremendous amounts of jobs, tremendous numbers of companies, and yes the tax is going to be cut from the highest tax nation anywhere in the world to a fairly low tax. Not the lowest in the world, but to a fairly low tax.”

Donald J. Trump (1946) 45th President of the United States of America

2010s, 2016, June

“We will not take money in taxes from those who work hard and pay it out to those who don't. We are trying to roll back the tide of Socialism. We must get ‘stuck in’ and sort out our problems in our traditional British way instead of asking the Government to intervene every time. Intervening means taking from people who work jolly hard and just manage to live within their means and make a profit, money in extra tax to pay for those who don't.”

Margaret Thatcher (1925–2013) British stateswoman and politician

Speech to Finchley Conservatives ("We are trying to roll back the tide of Socialism") (26 January 1980) https://www.margaretthatcher.org/document/104297 First term as Prime Minister

“Our true choice is not between tax reduction, on the one hand, and the avoidance of large Federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenue to balance our budget just as it will never produce enough jobs or enough profits. Surely the lesson of the last decade is that budget deficits are not caused by wild-eyed spenders but by slow economic growth and periodic recessions, and any new recession would break all deficit records. In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now. The experience of a number of European countries and Japan have borne this out. This country's own experience with tax reduction in 1954 has borne this out. And the reason is that only full employment can balance the budget, and tax reduction can pave the way to that employment. The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus.”