On the Campaign Trail
"I can make a firm pledge. Under my plan, no family making less than $250,000 per year,
will see any form of tax increase. Not your income tax, not your payroll tax, not your
capital gains taxes, not any of your taxes."
-- Candidate Barack Obama, Sept. 12, 2008, Dover, N.H.
First Obama-McCain Debate
"My definition — here’s what I can tell the American people: 95 percent of you will
get a tax cut. And if you make less than $250,000, less than a quarter-million
dollars a year, then you will not see one dime’s worth of tax increase."
-- Candidate Barack Obama, Sept. 26, 2008, Oxford, Miss.
Biden-Palin Vice Presidential Debate
"No one making less than $250,000 under Barack Obama's plan will see one single penny
of their tax raised whether it's their capital gains tax, their income tax, investment
tax, any tax. And 95 percent of the people in the United States of America making
less than $150,000 will get a tax break."
-- Vice President Joe Biden, Oct. 2, 2008, St. Louis, Mo
Second Obama-McCain Debate
"So let's be clear about my tax plan and Sen. McCain's, because we're not going to be
able to deal with entitlements unless we understand the revenues coming in. I want
to provide a tax cut for 95 percent of Americans, 95 percent.
-- Candidate Barack Obama, Oct. 7, 2008, Nashville, Tenn.
"If you make less than a quarter of a million dollars a year, you will not see a single
dime of your taxes go up. If you make $200,000 a year or less, your taxes will go
"Now, Sen. McCain talks about small businesses. Only a few percent of small businesses
make more than $250,000 a year. So the vast majority of small businesses would get a tax
cut under my plan."
Third Obama-McCain debate
"What I've said is I want to provide a tax cut for 95 percent of working Americans, 95
percent. If you make more — if you make less than a quarter million dollars a year,
then you will not see your income tax go up, your capital gains tax go up, your payroll
tax. Not one dime.
-- Candidate Barack Obama, Oct. 15, 2008, Hempstead, N.Y.
"And 95 percent of working families, 95 percent of you out there, will get a tax cut.
In fact, independent studies have looked at our respective plans and have concluded that
I provide three times the amount of tax relief to middle-class families than Senator McCain
Obama Speech Joint Session of Congress
"If your family earns less than $250,000 a year — a quarter million dollars a year — you
will not see your taxes increased a single dime. I repeat: Not one single dime.
Not a dime.
-- President Barack Obama, Feb. 24, 2009, Washington, D.C.