US Presidency
1992

I don't think we need to do it. You see, I have a fundamental difference. I agree with what he's talking about in trying to get the spending down and to discipline, although I think we ought to totally exempt Social Security. But he's talking tough medicine, and I think that's good. I disagree with the tax and spend philosophy. You see, I don't think we need to tax more and spend more and then say that's going to make the problem better. And I am afraid that's what I think I am hearing from Governor Clinton. I believe what you need to do is some of what Ross is talking about: control the growth of mandatory spending and get taxes down. He's mentioned some ways to do it, and I agree with those. I've been talking about getting a capital gains cut forever. And his friends in Congress have been telling me that's a tax break for the rich. It would stimulate investment. I am for an investment tax allowance.