Two days ago, former mayor Rudy Giuliani attacked a speech by Sen. Hillary Clinton (D-NY) in which she promised “to pursue ‘shared prosperity’ by increasing taxes on Americans making more than $200,000 a year.”
“This would be an astounding, staggering tax increase,” Mr. Giuliani told reporters yesterday after a visit to a restaurant on the edge of California’s Silicon Valley. “She wants to go back to the 1990s…. It would hurt our economy. It would hurt this area dramatically. That kind of tax increase would see a decline in your venture capital. It would see a decline in your ability to focus on new technology.”
As Steve Benen noted, “going after Hillary Clinton for wanting to bring America back to the 1990s isn’t exactly a persuasive pitch. Most of the country would love to go back to the ’90s.” But Giuliani’s attacks are particularly hypocritical, since he has now “refused to sign a pledge not to raise taxes if elected president.”
The conservative group Americans for Tax Reform has asked all 10 Republican presidential candidate to sign the vow.
Seven have signed the “Taxpayer Protection Pledge” – including former Massachusetts Gov. Mitt Romney, who is running well in the early primary-voting states of Iowa and New Hampshire.
But front-runner Giuliani has declined thus far, as have John McCain and Tommy Thompson.
A Giuliani adviser told the New York Post that “signing the pledge was unnecessary” since “Rudy’s got a record of cutting taxes.” So why not just sign the pledge, Rudy? Or do you too want to return America to the nightmare of peace and prosperity?