Warning that “if you raise taxes on the so-called rich, you’re really raising taxes on the job creators,” Bush joked about the tax breaks that were enacted under his administration.
“I wish they weren’t called the Bush tax cuts,” he said. “If they were called some-other-body’s tax cuts, they’re probably less likely to be raised. But if you raise taxes, you’re taking money out of the pockets of consumers.”
Perhaps coincidentally, the quip came just hours before President Obama was to make a major speech promoting his “Buffett rule” proposal to raise taxes on the mega-rich.
“I don’t think it’s good, frankly, for our country, to undermine our president, and I don’t intend to do so,” Bush said.
Commentary and analysis on American politics, culture, and national identity, U.S. foreign policy and international relations, and the state of education - from a neoconservative perspective! - Keeping an eye on the communist-left so you don't have to!
Wednesday, April 11, 2012
Former President George W. Bush: 'I Wish They Weren't Called the Bush Tax Cuts'
At the Los Angeles Times, "Bush talks economics, says he won't 'undermine our president'":
No comments:
Post a Comment