MANCHESTER, New Hampshire: A Democratic president would raise taxes and ravage the US economy, Republican presidential primary candidate Rudy Giuliani said yesterday.
The former New York City mayor said he would lower taxes, make permanent President George W Bush's tax cuts and eliminate inheritance taxes.
He criticised Democrats who want to repeal Bush's cuts.
"When it's working, let's change it. That's a brilliant philosophy. It sounds little bit like Iraq," Giuliani said at a town hall meeting.
The cornerstone of Giuliani's campaign has been tax cuts, greater freedom over spending and less government. He said Americans would face a $3 trillion tax increase over the next decade unless Bush's tax cuts are made permanent.
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Sunday, August 26, 2007
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