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Another George Bush Takes the Taxes Plunge
"Taxes remain the only thing that Republicans can still rally around," says TIME White House correspondent Jay Branegan. "It’s their one unifying issue. And therefore woe betide the Republican candidate that doesn’t take some stand against them." In 1988, Bob Dole refused to sign the pledge, and Bush Sr. beat him up for it. And of course when Bush reneged on his pledge, Clinton beat him up for it, and then raised taxes himself. The point being that it’s a stupid pledge –- no candidate should have to foresee fiscal or economic crises in his would-be four (or eight) years -– but an irresistible one. At least Bush seems to have learned one thing from his father’s infamy: If it ever comes to reneging time, "Read my lips" is a lot more memorable than "Read my letter."
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