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Bush lied about not raising taxes

Color me surprised, but Bush lied—just like his father—about not raising taxes. During his first presidential campaign, Bush promised to “oppose and veto any increase in individual or corporate marginal income tax rates or individual or corporate income tax hikes.” As the New York Times observes, the tax cut bill he recently signed hikes taxes on Americans living abroad and on teenagers with college savings.

(Thanks to ThinkProgress for the tip.)

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