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The early response by Bush was that raising taxes had been essential due to the condition of the economy. Polling showed that most Americans agreed some tax increases were necessary, but that the greater obstacle was the loss of trust and respect for Bush.
Dec 1, 2018 · At a time of major budget deficits and spending needs, Bush was — as many had predicted — unable to get by with cuts alone. Before his first year in office was complete, he had signed into law a...
Dec 1, 2018 · The short version of the argument is: Bush broke his pledge, and he lost, because if voters want somebody to raise taxes, they’ll vote for Democrats.
It appears that Bush was aloof the whole time, biding his time until he could strike again against “voodoo economics” and raise tax rates to salvage the dignity of his failed primary bid ...
Dec 1, 2018 · At a time of major budget deficits and spending needs, Bush was — as many had predicted — unable to get by with cuts alone. Before his first year in office was complete, he had signed into law a...
Dec 5, 2018 · It was the headline Bush needed to defuse the skepticism of anti-tax Republicans, who never really trusted him--even though he had served eight years as vice president to their hero Ronald Reagan (who, by the way, raised taxes multiple times).
People also ask
Why did Bush apologise for raising taxes?
Why did Bush break his tax pledge?
Was Bush defeated by agreeing to tax increases in 1990?
Did Bush say 'no new taxes' in 1988?
Dec 4, 2018 · Key Points. George H.W. Bush worked with a Democratic-controlled Congress to resolve them – even if he received scant credit at the time. During his first year in the White House, Bush 41 and...
