Read my lips: A history of anti-tax pledges
“Read my lips, no new taxes.”
The first president George H.W. Bush raised some taxes despite his famous 1988 quote from the Republican convention. And lost his reelection bid. Ever since then, anti-tax pledges have become more and more common.
Here to talk with us today in our Mid-day Extra is Stan Collender. He’s the author of the blog, Capital Gains and Games and gives us a little background on President H.W. Bush’s anti-tax pledge. Plus, we take a look at the state of taxes in the last 20 years as a result of these pledges.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.
