On the recordMay 7, 2007
I go back to Yogi Berra's old saying about deja vu all over again. You talk about what the right tax rate is and how do we explain it to the American people. I think it would be helpful if the Democrats would simply tell the truth. The reason I lay this out, as a former small business owner, I remember in 1992 being told stories by then-candidate Bill Clinton how he was not going to raise taxes. President Bush at the time made the statement that Clinton ran saying he wouldn't raise taxes, and then turned around and made a deal that raised taxes, damaged his credibility and hurt the economy at the time. I was getting ready to step out into the entrepreneurial world and leave the software industry to start my own business. I had manufacturing clients that wanted me and eventually some of the folks that I hired to work with me and assist them in improving their competitiveness nationally. We started that business in late spring of 1992, getting it up off the ground. We managed to feed our families that first 6 months and do all right in that time, but our real opportunity was going to come in 1993. All of a sudden after Mr. Clinton became President, he came before the American people and he didn't say I am going to keep my promise and cut those taxes because we know that allowing people to keep more of their own money creates a future for them.…
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