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Reminder: President George H. W. Bush Regretted Raising Taxes
ATR ^ | 2012-07-13 | Paul Blair

Posted on 07/16/2012 8:50:48 AM PDT by 92nina

In 1990, President George H. W. Bush was promised two dollars in spending cuts for every one dollar in tax hikes. He fell for the bait and violated his Pledge to not raise taxes. After a $137 billion tax hike, spending actually rose by $22 billion.

As a reminder, he regretted breaking his Pledge to oppose higher taxes after he realized he got tricked into letting it happen.

The Last Republican to Compromise on Taxes


TOPICS: Government; History; Politics; Reference
KEYWORDS: bush; elections; republicans; taxes
In a recent interview, former President H. W. Bush questioned the Taxpayer Protection Pledge, which he himself signed when he ran for President.
1 posted on 07/16/2012 8:51:00 AM PDT by 92nina
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To: 92nina

Like hell he regretted it! He only regretted it because he got thrown out on his ass for it.


2 posted on 07/16/2012 8:52:56 AM PDT by cotton1706
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To: 92nina

The ineligible, backstabber Milt:
”I call my taxes "fees".
and you shall love them.“

3 posted on 07/16/2012 8:54:35 AM PDT by Diogenesis ("Freedom is never more than one generation away from extinction. " Pres. Ronald Reagan)
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To: cotton1706

Sadly, “I’m sorry because I got caught,” is a huge M.O.


4 posted on 07/16/2012 8:56:39 AM PDT by 92nina
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To: 92nina

Boehner should have take the deal when they asked for 10 to 1 spending cuts for each dollar tax increase- but ONLY if they did the spending cuts first


5 posted on 07/16/2012 8:57:48 AM PDT by Mr. K (OBAMA MUST BE STOPPED ROMNEY/GINGRICH)
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To: 92nina

Maybe, rather than saying as he did, “Who the hell is Grover Norquist?” he should have said, “I should have listened to Grover Norquist...”


6 posted on 07/16/2012 8:59:18 AM PDT by ConservativeDude
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To: 92nina
He fell for the bait and violated his Pledge to not raise taxes.

"Fell for the bait"? Really? Look at how ALL republican administrations since Reagan have piled on spending, more entitlement programs, unelected and unaccountable alphabet agencies, and screwed up the taxes and rates so badly that half don't pay Federal taxes, all to grow Federal power and control.

Fell for it? Stop lying to yourself and to us. It's who they are. It's what they do.

You know what? "It's Bush's Fault" has a ring of truth to it.

7 posted on 07/16/2012 9:00:29 AM PDT by GBA (To understand what is happening to America and why, read The Harbinger by Jonathan Cahn)
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To: Diogenesis

“And I call my health insurance mandate penalty, ‘Higher taxes with Tax Credit’ and you shall love them.”


8 posted on 07/16/2012 9:00:58 AM PDT by DannyTN
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To: Diogenesis

lol!


9 posted on 07/16/2012 9:01:35 AM PDT by 92nina
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To: cotton1706; sickoflibs; NFHale; DoughtyOne; Gilbo_3; All

” Like hell he regretted it! He only regretted it because he got thrown out on his ass for it.”

Folks, we have a WINNER!!

(Anyone remember GHWBush on golf course.....”read my hips!” )


10 posted on 07/16/2012 9:01:47 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: 92nina

If you are grown up enough to run for president, you should be mature enough to know that Democrats lie. That’s what they do.


11 posted on 07/16/2012 9:02:17 AM PDT by pallis
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To: stephenjohnbanker

He was such a disappointment.

And yet...STILL nothing near the walking tabasco enema we have now.


12 posted on 07/16/2012 9:07:16 AM PDT by NFHale (The Second Amendment - By Any Means Necessary.)
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To: 92nina
For this one thing I hate George H.W. Bush more than anything else. He did a lot of other very stupid things, but it is for this one thing that he deserves a mountain of blame. It is on the basis of this one thing that he did that Bill Clinton became President.

Bill Clinton was the most pathological liar (till now) that ever ran for President. He lied constantly and he lied big. He lied about anything and everything. He was in essence, nothing but a liar, and had the depth and scope of his lying been pointed out continuously in 2008, it is very doubtful that he could have defaulted the election with a plurality.

Why wasn't his constant lying pointed out? Because the very minute George Bush would have tried to mention that Bill Clinton was a pathological liar, and that everything he said was a lie, the Media would have trotted out their video of George Herbert Walker Bush making a promise. "Read my lips. No new Taxes!"

George Bush could not call Clinton a pathological liar, because George Bush broke his solemn word not to raise taxes, and would therefore be demonized as a liar and a hypocrite.

What makes it even worse is the fact that THE STUPIDEST IDIOT in the conservative ranks would have realized that this was nothing but a trick by the Democrats to screw him later. It was NEVER INTENDED to do anything about the deficit. Democrats do not care about the deficit. It was only intended to destroy the credibility of George H.W. Bush. Nothing else.

For God's sake, they had done EXACTLY the same thing to Ronald Reagan. (Though he had not promised to not raise taxes.) The Democrats Promised Ronald Reagan $3.00 in reduced spending for every dollar raised in new taxes. Reagan reluctantly gave them a chance, and they simply spent more without cutting any spending. As Ronald Reagan said:

"The Democrats reneged on their pledge and we never got those cuts."

The lesson to be learned? Democrats are LIARS, and they will screw over a moderate President even harder than they will try to screw over a Conservative President. If they did it to Reagan, what on Earth made George Bush think that they wouldn't do it to him too?

Idiot.

13 posted on 07/16/2012 9:18:03 AM PDT by DiogenesLamp (Partus Sequitur Patrem)
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To: DiogenesLamp

You make the point well. It helped make sure that Clinton won in 1992.


14 posted on 07/16/2012 9:27:01 AM PDT by 92nina
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To: 92nina

He regretted breaking his pledge........goes to show the character of this guy.....his pledge meant nothing to him. In the words of Jesse Jackson “out da Bushs’”!


15 posted on 07/16/2012 9:38:16 AM PDT by kenmcg (t)
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To: GBA

President Reagan cut the top marginal tax rate from 70% in 1980 to 28% in 1988.

The inflation rate decreased from 13.58% in 1980 to 1.91% in 1986.

16 million jobs were created during his 8 years and economic growth was fantastic.

President Reagan cut funding for Medicaid, Food Stamps and the EPA. He didn’t create any new social programs.


16 posted on 07/16/2012 9:40:15 AM PDT by moonshot925
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To: 92nina

I wonder if Romney is going to be sorry for raising taxes. I bet he is going to vote for a tax rate hike sometime during his term. He seems very weak and will not fight Congress to cut spending and raise taxes.


17 posted on 07/16/2012 9:50:41 AM PDT by napscoordinator
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To: moonshot925
Exactly. And what essentially has become the Bush reign took over and changed all of that and look where we and the republican party are now.

And doncha just know the GOPe will fix it all again for us with Romney?

I can't think of another alphabet agency we don't already have, but I'm sure they'll "surprise" us with several.

And if they don't, obama II will.

Regardless of who wins and we lose, maybe we'll finally agree it's time for a third option: an opposing political party.

18 posted on 07/16/2012 9:51:42 AM PDT by GBA (To understand what is happening to America and why, read The Harbinger by Jonathan Cahn)
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To: 92nina
If there was ever a true indicator of just how repulsive the Bushes are, it was when G.H.W. Bush and Jeb Bush visited Obama in the White Hut.

After 3 years of listening and watching Obama stab their son and brother in the back, they went to the White House and yukked it up with the most juvenile, petulant, incapable, unqualified, lying POS to ever disgrace the Oval Office.

Bush: syn.pathetic, milquetoast, reprobate.

19 posted on 07/16/2012 9:52:55 AM PDT by N. Theknow (Kennedys=Can't drive, can't ski, can't fly, can't skipper a boat, but they know what's best for you.)
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To: moonshot925

He didn’t create any new social programs.

The War on Drugs created a ton of social programs.


20 posted on 07/16/2012 9:55:29 AM PDT by napscoordinator
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To: 92nina

Moral of the story - never, as a Republican president, promise to not raise taxes when you don’t have Republican control of the House (as no Republican president did between 1954 and 1994).


21 posted on 07/16/2012 10:05:59 AM PDT by Christian4Bush (PSA. As of 7/15/12, 114/189 days 'til we vote out/take out the trash. (11/6/12, 1/20/13))
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To: napscoordinator

And did Reagan start the War on Drugs?

No.

The War on Drugs was started in 1971 by Nixon.


22 posted on 07/16/2012 10:09:04 AM PDT by moonshot925
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To: Mr. K

“Boehner should have take the deal when they asked for 10 to 1 spending cuts for each dollar tax increase- but ONLY if they did the spending cuts first.”

Sort of like we are all for Immigration reform, but the wall has to be built first.


23 posted on 07/16/2012 10:10:59 AM PDT by EQAndyBuzz (ABO 2012)
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To: 92nina

You rolled over for the Dems George. Too bad your son and the rest of the RINOS haven’t learned that negotiating with the other side always means giving into them. It will always come back and bite you in the a$$.


24 posted on 07/16/2012 11:59:30 AM PDT by mass55th (Courage is being scared to death - but saddling up anyway...John Wayne)
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