George H.W. Bush: “I'd be worried about tax increases. He says, ``I want to raise taxes $150 billion, and I want to spend $200 billion.''…”

“I'd be worried about tax increases. He says, ``I want to raise taxes $150 billion, and I want to spend $200 billion.'' And he says, don't worry about it, though, this will come out of the rich. There aren't enough rich guys around. There aren't enough to, out of the top 2 percent, raise the revenues he wants. I believe--and I was told this, I don't watch these deadly talk shows any Sunday anymore. I can't stand them. All they do is make me angry. But I heard that one of them, that his spokesman kind of admitted that they were going to have to sock it to people that made over--I don't know what it was--$40,000 or $50,000. I'm telling you it's going to hit $25,000 if you do all the things he talked about on top of the $220 billion that he's got. Health care is a good example. We've got a good program through tax credits and through vouchers to bring insurance to the poorest of the poor. It keeps the quality of medicine up. It goes against these crazy malpractice lawsuits that are costing medical care $25 billion to $50 billion. And it does not sock a tax on the middle class. But the Clinton program was at one point--I don't know whether it's changed recently--but was at one point aimed directly at about a 7 percent tax on the middle class, the small-business people that would end up hitting the middle class. Small-business people are not big, rich guys with over $200,000. So we've got big differences in those and many other areas. Small Business”