Bush Emerges To Back Romney On Taxes
Speaking at a conference in New York City put on by the George W. Bush Presidential Center, Bush said he opposed laws that would raise taxes on the “so-called rich.” Mitt Romney, who would be affected by the law like Presidents Obama and Bush, similarly opposes increased taxes for the super-rich.
This week President Obama has renewed calls for the “Buffett Rule,” which would increase the taxes on the 1% of Americans making over $1 million a year. A CBS/New York Times poll showed that 52% of Americans support a law like the Buffett Rule as a way to attack income inequality.
When Bush left office in 2009 he had one of the lowest approval ratings in recorded history while the economy was shedding 800,000 jobs a month and a projected surplus had reverted to a deficit.
Bush’s father, George H.W. Bush, and his brother Jeb Bush have both publicly endorsed Romney for president.
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