The White House, President George W. Bush Click to print this document

For Immediate Release
November 14, 2007

Setting the Record Straight: President Bush Is Working to Keep Taxes Low for All Americans
Allowing The President's Tax Cuts To Expire Means A Tax Increase For Every American Who Pays Income Taxes

     Fact sheet In Focus: Economy
     Fact sheet Setting the Record Straight

"Since I took office, we've cut taxes for every American who pays income taxes. … [Congress' budget] allows the tax relief we delivered to be taken away.  Here's what that would mean for the average taxpayer: If you have children, your taxes would rise $500 per child.  If you have a family of four making $60,000 a year, your taxes would be more than $1,800 higher.  If you're a small business owner, your taxes would increase almost $4,000. … The price of these tax increases would not be paid in the halls of Congress – it would be paid in living rooms and shop floors and office buildings across America."

– President George W. Bush, 11/13/07

 The New York Times inaccurately claims President Bush "devotes much of his energy … to prevent Democratic majorities in Congress from raising taxes on high-income households."  (Edmund L. Andrews and Robert Pear, "Bush, Confident On Economy, Vetoes Domestic Spending Bill," The New York Times, 11/14/07, Emphasis Added)

Return to this article at:

Click to print this document