Mr. President, Keep Your Promise: No New Taxes

Publication Date: May 1990

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Daniel J. Mitchell

Research Area: Banking and finance

Keywords: Taxes

Type: Report

Abstract:

George Bush has distinguished himself first and foremost by his anti-tax hike policy. Now his credibility, integrity, commitment to principles, and political and economic wisdom are put to the test. Bush was not elected to adopt the policies of his losing opponents. This is a make-or-break decision for the Bush Administration. If Bush expects to keep the support of the people who put him in office, he must read their lips. They are saying: “Mr. President, keep your promise: No new taxes.”