Middle-income Americans who invest wisely, farmers selling off a piece of the family farm, the elderly widow who is living off the assets she and her husband struggled to accumulate, the couple who planned ahead and saved so their children could go to college, the small business entrepreneur who sank his savings in an idea he alone believed would work -- these are not wealthy Americans.
George H.W. Bush: “Middle-income Americans who invest wisely, farmers selling off a piece of the family farm, the elderly widow who is…”
On the recordSeptember 25, 1989
Source
presidency.ucsb.eduEditor's note · Context
Letter to the Members of the House of Representatives on Proposed Capital Gains Tax Legislation
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