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December 21, 2022
(Archived document, may contain errors) 769 May 18,1990 MR. PRESIDENT, KEEP YOUR PROMLSE NONEWTAXES Daniel J. Mitchell John M. Olin Fellow The policy most strongly associated with George Bush is best summarized in his now-famous statement, Read my lips: No new taxes. Now, not withstanding his 1988 election promise to oppose any tax increase, Bush has announced that he enters budget deficit reduction negotiations with congres sional leaders with no preconditions. Administration representatives ha...