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Either his view of the economy changed after an economics lesson from his advisors, or perhaps because he entered a war and needed more money to fund the Wars we entered from the panic of 9/11.
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∙ 13y ago
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Which president promised not to raise taxes but did?
George H. W. Bush promised not to raise taxes but conditions made that impossible.
What did George W. Bush cut while in office?
Taxes
What George H. W. Bush gave?
He gave no taxes
What was george h.w. bush's legacy?
He is a president that has a son as a president as well. He is also remembered for raising taxes after he and promised not to and for the Kuwait War.
What was the most significant failure of George Herbert Walker Bush as President?
He went back on his famous pledge, "Read my lips. No new taxes."
Why were Americans inclined to vote for change in 1992?
They were alarmed by the economic downturn and angered by new taxes, especially after President George H. Bush had explicitly promised not to add new taxes in 1989.
Why did George W. Bush cut taxes in his first term?
stimulate the economy
Who said 'Read my lips. No new taxes.'?
George H. W. Bush.
What promise did George HW Bush make?
He famously said "read my lips: no new taxes," and then later raised taxes.
Which of these actions would most likely not be supported by George HW Bush at the beginning of his presidency?
Increasing Taxes
Why did president George W. Bush cut taxes in his first term?
stimulate the economy
All of the following are issues faced by George HW Bush except?
George H. W. Bush was the 41st President of the U.S. Some of the issues that he faced were an economic recession and instituting taxes after his pledge not to create any new taxes.
