Whither the Conservative Movement? Appendix - GHW Bush
III. GHW Bush
A. “1989 Budget Message” Feb 9, 1989
1. “Economic growth provides jobs and hope. Economic growth enables us to pay for social programs. Economic growth enhances the security of the nation. And low tax rates create economic growth.”
2. “I propose that we cut the maximum tax rate on capital gains to increase long-term investment. History…is clear; this will increase revenues, help savings, and create new jobs.”
B. “Federal Deficit” 10-02-1990
1. “This agreement will also raise revenue. I’m not, and you’re not, a fan of tax increases. But if there have to be tax measures, they should allow the economy to grow. They should not turn us back to higher income taxes and they should be fair.
“Everyone who can, should contribute something and no one should have to contribute beyond their fair share.”
A. “1989 Budget Message” Feb 9, 1989
1. “Economic growth provides jobs and hope. Economic growth enables us to pay for social programs. Economic growth enhances the security of the nation. And low tax rates create economic growth.”
2. “I propose that we cut the maximum tax rate on capital gains to increase long-term investment. History…is clear; this will increase revenues, help savings, and create new jobs.”
B. “Federal Deficit” 10-02-1990
1. “This agreement will also raise revenue. I’m not, and you’re not, a fan of tax increases. But if there have to be tax measures, they should allow the economy to grow. They should not turn us back to higher income taxes and they should be fair.
“Everyone who can, should contribute something and no one should have to contribute beyond their fair share.”
© 2004 by Xpatriated Texan
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