RealWorldGraduation_Question_42_Political_Promises <– PDF
During the Presidential election campaign of 1988, George H. W. Bush stated, “Read my lips, no new taxes”. He was subsequently elected as the 41st President of the U. S. What did this statement mean regarding his intended tax policy as President?
a) He would never raise income taxes if elected President.
b) Since he said “read my lips”, the statement was directed only at deaf people; so he meant that he would not raise income taxes on deaf people.
c) “No new taxes” means he would not create any new category of taxes.
d) Every tax must be paid every year, therefore all taxes are “new”; thus this statement means he was going to eliminate all federal taxes.
e) A combination of a) and c).
(The answer is on p. 2 of the PDF.)