Mellon had originally planned to retire after one presidential term but decided to remain in the cabinet in the hope of presiding over the full enactment of his taxation proposals. In the 1924 presidential election, the Republicans campaigned on further tax cuts, while both the Democrats and third-party candidate Robert La Follette denounced Mellon's tax proposals as "a device to relieve multi-millionaires at the expense of other taxpayers". Buoyed by the strong economy, and overcoming the scandals of the Harding years, Mellon won re-election by a decisive margin. Coolidge saw his own landslide re-election victory as a mandate to pursue his favored economic policies, including further tax cuts.