A Quote by George W. Bush

If you raise taxes during a recession, you head to depression.

George W. Bush

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Depression Head Raise Recession Taxes

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George W. Bush
American - President
Born: July 6, 1946

When we were at peace, Democrats wanted to raise taxes. Now there's a war, so Democrats want to raise taxes. When there was a surplus, Democrats wanted to raise taxes. Now that there is a mild recession, Democrats want to raise taxes.

Ann Coulter

With a congressional mandate to run the deficit up as high as need be, there is no reason to raise taxes now and risk aggravating the depression. Instead, Obama will follow the opposite of the Reagan strategy. Reagan cut taxes and increased the deficit so that liberals could not increase spending. Obama will raise spending and increase the deficit so that conservatives cannot cut taxes. And, when the economy is restored, he will raise taxes with impunity, since the only people who will have to pay them would be rich Republicans.

Dick Morris

The difference between recession and depression is simple. Recession, goes the saying, is when you lose your job; depression is when I lose mine.

Amity Shlaes

So, for instance, let me make this clear: You know I signed a statement. I will not raise taxes on anybody. I don't want to raise taxes on the American people.

Mitt Romney

From an emotional standpoint it's very easy to say don't raise taxes, and no one wants to raise taxes.

Wayne Messam

The last thing you want to do is raise taxes in the middle of the recession because that would just suck up and take more demand out of the economy and put businesses in a further hole.

Barack Obama

The left does understand how raising taxes reduces economic activity. How about their desire for increasing cigarette taxes, soda taxes? What are they trying to do? Get you to buy less. They know. They know that higher taxes reduce activity. It's real simple: If you want more of an activity, lower taxes on it. If you want less of an activity, raise taxes. So if you want more jobs? It's very simple. You lower payroll taxes. If you don't want as many jobs, then you raise corporate taxes. It's that simple, folks.

Rush Limbaugh

I'm the one who will not raise taxes. My opponent now says he'll raise them as a last resort, or a third resort. But when a politician talks like that, you know that's one resort he'll be checking into. My opponent, my opponent won't rule out raising taxes. But I will. And The Congress will push me to raise taxes and I'll say no. And they'll push, and I'll say no, and they'll push again, and I'll say, to them, Read my lips: no new taxes.

George H. W. Bush

At a time of economic recession, the need for Medicaid and other safety net services is even greater. And we don't want to raise taxes on people who are having a tough time paying their bills.

James Douglas

If, at the end of the day, we need to raise taxes, we should raise taxes.

Paul Volcker

When I became mayor of New York City, I had a $2.4 billion deficit. And everybody wanted me to raise taxes. I said, 'If I raise taxes, I'll drive people out of New York City, and then I'll be raising taxes again.' So what I did was I cut expenses by 15 percent.

Rudy Giuliani

Let me tell you, the heart of my tax proposal: I will not raise taxes on the American people. I will not raise taxes on middle-income Americans.

Mitt Romney

You raise taxes during an economic crisis time, as we did in - back in the time of Herbert Hoover, you send the country into a depression.

John McCain

There's no reason to raise taxes. Taxes should be lower... The problem we have is that government spends too much, not that taxes are too low.

Grover Norquist

I will cut taxes - cut taxes - for 95 percent of all working families, because, in an economy like this, the last thing we should do is raise taxes on the middle class.

Barack Obama

Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.

Stephen Harper

A Quote by George W. Bush

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