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Trump’s tax hike proposal is ‘déjà vu’ of George H. W. Bush’s ‘read my lips’ moment, experts say
Americans lambasted President George H. W. Bush for infamously vowing on stage at the 1988 Republican National Convention not to raise taxes on Americans, then supporting a tax hike as president two years later.
History could repeat itself as President Donald Trump this week signaled his support for congressional Republicans raising taxes to accomplish the ambitious goals of his «big, beautiful bill,» according to experts.
«My opponent won’t rule out raising taxes, but I will. And the Congress will push me to raise taxes, and I’ll say no. And they’ll push and I’ll say no. And they’ll push again, and I’ll say to them: ‘Read my lips: no new taxes,’» then-Vice President Bush vowed at the 1988 convention, before raising taxes two years later with the Omnibus Budget Reconciliation Act of 1990.
While acknowledging the political backlash his fellow Republican faced, Trump signaled in a Truth Social post on Friday his own willingness to raise taxes on Americans, following reports confirmed by Fox News Digital that the president is considering raising the tax rate on individuals making $2.5 million or more by 2.6%, from 37% to 39.6%.
TRUMP CONSIDERS TAX HIKE ON AMERICANS MAKING $2.5 MILLION OR MORE PER YEAR
Political experts compared President Donald Trump, right, to President George H. W. Bush after Trump signaled his support for a small tax hike. (Pool/Getty Images)
«The problem with even a ‘TINY’ tax increase for the RICH, which I and all others would graciously accept in order to help the lower and middle income workers, is that the Radical Left Democrat Lunatics would go around screaming, ‘Read my lips,’ the fabled Quote by George Bush the Elder that is said to have cost him the Election. NO, Ross Perot cost him the Election! In any event, Republicans should probably not do it, but I’m OK if they do!!!» Trump said.
WHITE HOUSE QUIETLY FLOATS MILLIONAIRE TAX HIKE PROPOSAL IN CONGRESS AS GOP LEADERS SIGNAL OPPOSITION
Ross Perot, the late billionaire Texas businessman and philanthropist, ran an independent campaign as a third-party candidate in the 1992 presidential election, winning an historic 19% of the popular vote.
As Trump suggested, the political fallout of raising taxes contributed to Bush losing re-election to President Bill Clinton in 1992. Democrats slammed Bush in campaign ads for walking back his word as conservative Republicans criticized the president for being out of step with the party’s traditional tax policies.
Former House Speaker Newt Gingrich led Republican criticism of Bush’s tax hike proposal, and Gingrich has urged Trump to stand down on raising taxes since rumors the administration was floating a small tax hike first swirled.
TRUMP’S FIRST VICE PRESIDENT URGES HIS OLD BOSS AGAINST RAISING TAXES ON WEALTHY AMERICANS
Gingrich recently told Larry Kudlow on FOX Business that Trump is a Ronald Reagan Republican, not a Bush Republican, and raising taxes would be an «act of destruction.»
«It would absolutely shatter his coalition,» Gingrich said. «It would mean the entire conservative movement would rise in rebellion, and it would mean every small business in the country would start recalculating who they are going to lay off, if they are even going to stay in business. It would make no sense at all.»
House Speaker Mike Johnson, R-La., is leading ongoing budget negotiations for Trump’s «big, beautiful bill.» (Kent Nishimura/Getty Images)
Negotiations are ongoing among House Republicans to finalize Trump’s «big, beautiful bill,» which is expected to include an extension of Trump’s 2017 tax cuts and fulfill campaign promises, including no tax on tips, overtime or Social Security.
Republican politicians and pundits have joined Gingrich’s critique of Trump’s potential tax hike, arguing Trump is repeating the same mistakes as Bush.
«[House] Speaker [Mike] Johnson and Republican members of Congress must have experienced collective déjà vu when President Trump urged Congress to raise taxes,» New England College President Wayne Lesperance, a veteran political scientist and political historian, told Fox News Digital.
«Harkening back to the infamous ‘Read my lips’ pledge made by George H. W. Bush at the 1988 GOP Convention, today’s Republicans must be nervous at the president’s change on what is a sacrosanct issue for the party — tax cuts. Interestingly, George H. W. Bush’s decision to break his pledge was surrounded by notably different circumstances,» Lesperance added.
In this Feb. 11, 1991, file photo, President George H. W. Bush talks to reporters in the Rose Garden of the White House in Washington, D.C., after meeting with top military advisors to discuss the Persian Gulf War. (AP Photo/Ron Edmonds, File)
But Lesperance reminded Republicans, who currently control the House and Senate, that Democrats could gain an edge in the 2026 midterms if tax hikes prove to be as unpopular among Republicans as they were in 1992.
«Facing a Democratically controlled Congress, Bush reneged on his pledge as a compromise to reduce the deficit and pass the 1990 budget agreement. Bush’s decision to compromise on taxes is widely credited with costing him his bid for re-election. As Speaker Johnson and Republican members of Congress look ahead to midterm elections, there must be collective worry that President Trump’s shifting position on taxes will cost them at the polls,» Lesperance said.
Longtime Republican consultant David Carney, a veteran of numerous GOP presidential campaigns, said the move by Bush «was probably the single most detrimental thing to his re-election.»
Then-Republican presidential candidate Donald Trump speaks during a campaign rally at Madison Square Garden in New York on Oct. 27, 2024. (Angela Weiss/AFP via Getty Images)
Carney, who served in the elder Bush’s White House and worked on his presidential campaigns, told Fox News «the deal he cut was excellent. He cut spending, balanced out the taxes.»
But Carney emphasized «all that’s inside baseball and the reality is it was a great opportunity for people from the right and the left to make hay out of it, and it was absolutely hurtful.»
However, fiscal conservatives remain optimistic that Trump won’t raise taxes, despite the president softening to the idea on social media on Friday morning.
«President Trump campaigned on not raising taxes, and we are confident that’s exactly what he’ll do,» Club for Growth President David McIntosh told Fox News Digital.
When reached for comment about the Bush comparison, the White House pointed to press secretary Karoline Leavitt’s comments during the White House briefing on Friday.
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«The president wants tax cuts, the largest tax cuts in history,» Leavitt said. «He wants to extend his historic tax cuts from 2017, and he wants to see all the other tax priorities,» including no tax on tips, overtime or Social Security.
«The president has said he himself personally would not mind paying a little bit more to help the poor and the middle class and the working class in this country. I think, frankly, that’s a very honorable position. But again, these negotiations are ongoing on Capitol Hill, and the president will weigh in when he feels necessary,» she added.
Fox News Digital’s Elizabeth Elkind contributed to this report.
Politics,Donald Trump,Taxes,Remembering George H. W. Bush
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A miner in Mexico was saved in an «astonishing rescue» after spending nearly two weeks trapped underground, officials said.
A dam breach caused by a structural failure flooded the El Rosario mine in the northern Mexican state of Sinaloa on March 25, trapping Francisco Zapata Nájera and three co-workers. Zapata Nájera was located on Tuesday by divers, but the rescue teams were unable to reach him through heavily flooded areas until 21 hours later.
«The exceptional members of the Mexican Army’s Emergency Response Battalion, along with the faith and resilience of a miner, made this astonishing rescue possible after 13 days,» Mexican President Claudia Sheinbaum wrote on X. «I’m certain that all Mexicans, every one of us, hold you in our hearts.»
Of the 25 miners present during the accident, 21 escaped immediately. Five days later, rescuers pulled one survivor from a depth of 985 feet.
AMERICAN SKIERS RESCUED AFTER GETTING LOST NEAR OLYMPIC VENUE IN THE ITALIAN ALPS
Rescue teams transport miner Francisco Zapata Najera after rescuing him during a search for four miners following a collapse at a mine in El Rosario, Sinaloa, Mexico, on April 8, 2026. (Stringer/Reuters)
Sheinbaum confirmed that another miner has been found dead and one more is still missing.
In a video released Wednesday, clapping could be heard from a crowd that gathered as Zapata Nájera was removed from the mine, seeing daylight for the first time this month.
CREWS RESCUE TEEN FROM 50-FOOT DEEP CALIFORNIA MINESHAFT
Rescue teams transport miner Francisco Zapata Najera on a stretcher following his rescue on April 8, 2026. (Stringer/Reuters)
His condition was stabilized and he was sent in a Mexican Air Force helicopter to a hospital in Mazatlán, where he will be treated by specialists, officials said.
Mexico’s deadliest mining accident took place in February 2006 at the Pasta de Conchos mine in Coahuila, where an explosion killed 65 workers.
Rescue teams are seen leaving the El Rosario mine on Wednesday, April 8, 2026. (Stringer/Reuters)
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In August 2022, 10 miners died when the El Pinabete coal mine in Coahuila flooded.
The Associated Press contributed to this report.
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Unearthed clip exposes shocking claim by Newsom’s wife about inmates at violent California prison
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California Governor Gavin Newsom’s wife, Jennifer Siebel Newsom, is getting raked over the coals for comments she made several years ago, suggesting criminals housed in a notorious California prison, which was known for housing violent criminals and death row prisoners, got there by «accident.»
Siebel Newsom’s comments came as she was discussing a tragedy in her younger life at an event in 2016. A few days before her seventh birthday, Siebel Newsom was involved in a fatal golf cart accident that ultimately killed her sister.
«I had to be very raw when we interviewed the young men who were juvenile offenders at San Quentin. I told them about my own loss, where I lost my older sister a few days before my seventh birthday and I blame myself for her death and I share that because they ultimately were accused of committing these violent crimes and sentenced for life, and I think it shocked them that this blonde lady, who was interviewing them, had a similar story – was perhaps in the wrong place at the wrong time – but wasn’t punished the way they were because clearly it was an accident, but theirs was probably an accident too,» Siebel Newsom said when discussing ways to connect with others.
NEWSOM’S WIFE SLAMS TRUMP FIRINGS OF BONDI, NOEM, SPARKING PANEL DEBATE
Democrat California Gov. Gavin Newsom stands with wife Jennifer at a Sacramento voting center. (AP Photo/Rich Pedroncelli)
«Anyways, I share that – I guess – I quite enjoy spending time with people and being real and unmasking and showing them that it’s safe to unmask themselves.»
A spokesperson for Governor Newsom’s wife clarified that the remarks in the 2016 interview with the first partner, were referring to incarcerated individuals for her 2015 documentary «The Mask You Live In.»
The spokesperson did not provide an on-the-record statement but did point Fox News Digital to a social media post from Gov. Newsom’s press office calling out the media for being «focused on running nonstop hit pieces on California’s First Partner,» while the president is «threatening to obliterate a civilization tonight.»
On Tuesday, the same day the clip began going viral on social media, President Donald Trump issued an ominous message on his social media platform Truth Social, indicating «a whole civilization will die tonight,» amid his threat of a looming U.S. attack against Iranian bridges and power plants.
«This is the MAGA distraction machine — in full force,» concluded the social media post, which included news segments criticizing Siebel Newsom on Tuesday.
GAVIN NEWSOM’S WIFE SAYS SHE GAVE HER BOYS DOLLS TO PLAY WITH IN RESURFACED CLIP
Jennifer Siebel Newsom speaks at Planned Parenthood funding bill signing ceremony (Screenshot/Gavin Newsom’s YouTube Page)
However, Siebel Newsom’s resurfaced comments still garnered attention on Tuesday from conservative critics who called the California governor’s spouse out for virtue signaling.
In direct response to Siebel Newsom’s claims that San Quentin inmates got in their position by «accident,» Rep. Tim Burchett, R-Tenn., shot back sarcastically: «Yeah, like the time that guy accidentally stabbed that dude 27 times.»
«What the…» commented Assistant Attorney General for Civil Rights at the U.S. Department of Justice, Harmeet Dhillon, in a social media post responding to the 2016 remarks.
California Gov. Gavin Newsom and first partner Jennifer Siebel-Newsom embrace during a campaign event in support of Proposition 50 in San Francisco, Monday, Nov. 3, 2025. (Gabrielle Lurie/San Francisco Chronicle via Getty Images)
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«She represents everything that is wrong with California,» comedian Adam Carolla added.
«Newsom’s wife’s latest virtue signal is telling San Quentin lifers that she faced zero consequences when her sister was killed because it was an accident, then telling them their life sentences are probably for ‘accidents’ too,» wrote conservative women’s sports activist Riley Gaines. «Peak elite tone-deafness.»
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INTERNACIONAL
EN VIVO | Pakistán blindó Islamabad con cientos de efectivos policiales y militares ante las próximas negociaciones de paz
El Ejército pakistaní fue desplegado y se cerraron los accesos clave a la “Zona Roja” de la capital, enclave donde se ubican los principales edificios gubernamentales y diplomáticos
A un día del inicio de las negociaciones entre Estados Unidos e Irán con mediación de Pakistán, el presidente estadounidense, Donald Trump, expresó su “gran optimismo” sobre la posibilidad de alcanzar un acuerdo de paz y afirmó que el régimen iraní no debería cobrar aranceles a los petroleros que transitan por el estrecho de Ormuz. “Más les vale no hacerlo y, si lo hacen, más les vale dejar de hacerlo ahora mismo”, advirtió.
Por su parte, el líder supremo iraní, Mojtaba Khamenei, sostuvo que la República Islámica no tiene intención de mantener un conflicto armado, aunque remarcó que no cederá en sus intereses. “No renunciaremos a nuestros derechos legítimos bajo ninguna circunstancia y, en este sentido, consideramos el frente de resistencia en su conjunto”, señaló.
Durante la madrugada, Kuwait acusó al régimen iraní de atacar instalaciones “vitales” en su territorio y reclamó el cese “inmediato” de las hostilidades. “El Ministerio de Exteriores expresa la condena y más enérgico repudio de Kuwait a los ataques criminales perpetrados por la República Islámica de Irán y sus agentes, incluidas las facciones, milicias y grupos armados leales a ella”, indicó el comunicado oficial.
A continuación, la cobertura minuto a minuto:
Eyal Harel asumirá el cargo de jefe de la Armada israelí la próxima semana
El vicealmirante Eyal Harel asumirá el cargo de jefe de la Armada israelí la próxima semana, después de que la fecha inicial de traspaso se retrasara debido a la guerra en Irán.
Harel sustituirá al vicealmirante David Saar Salama, quien fue jefe de la Armada durante más de cuatro años.
La fecha inicial de entrega estaba prevista para finales de marzo. Ahora tendrá lugar el jueves, según informaron los militares.
El canciller español instó a su homólogo iraní a entablar negociaciones “de buena fe”
El ministro de Asuntos Exteriores español afirmó haber conversado con su homólogo iraní y haberle instado a negociar de buena fe durante las conversaciones con Estados Unidos en Islamabad.
“Animo a Irán —esto es lo que le transmití al ministro de Asuntos Exteriores iraní— a participar en esas negociaciones y a hacerlo de buena fe”, declaró José Manuel Albares a la prensa, añadiendo que había hablado con su homólogo iraní, Abbas Araghchi, “anteayer” y que también le había pedido que detuviera “todos los lanzamientos de misiles y drones”.
Albares volvió a criticar duramente a Israel por continuar sus ataques contra el Líbano, donde ha estado luchando contra el grupo terrorista Hezbollah, respaldado por Irán.
“El Líbano es una vergüenza para la conciencia de la humanidad. El nivel de violencia, la violación del derecho internacional y del derecho internacional humanitario por parte de Israel es inaceptable”, afirmó Albares.
Israel informó que esta semana eliminó a más de 40 terroristas de Hezbollah en Líbano
Las Fuerzas de Defensa de Israel (FDI) informaron que eliminaron a más de 40 de terroristas de Hezbollah en la última semana.
“Anteayer, las fuerzas del equipo de combate de la Brigada 769 identificaron una célula terrorista cerca de las fuerzas operando en el área. Uno de los terroristas fue identificado escondiéndose en los arbustos. Inmediatamente después de la identificación, el terrorista fue eliminado por la Fuerza Aérea, bajo la guía de las fuerzas de la división», informó en un comunicado.
Y siguió: “Durante la eliminación, se identificó y atacó un vehículo que huía del complejo con el resto de la célula terrorista. La Fuerza Aérea continúa asistiendo a las fuerzas de la división en la actividad terrestre y atacó, bajo su guía, un almacén de medios de combate y más infraestructuras terroristas de Hezbollah».
“Solo en la última semana se eliminaron más de 40 terroristas y se destruyeron más de 50 infraestructuras terroristas bajo la guía de la división», concluyó.
Estados Unidos e Irán desembarcan en Pakistán para protagonizar una compleja negociación que permita sellar la paz en Medio Oriente
El vicepresidente de EEUU, JD Vance, y el titular del Parlamento iraní, Mohammad Bagher Ghalibaf, se encuentran mañana para avanzar en un proceso de acuerdo que será escarpado por las profundas diferencias que existen entre Washington y Teherán
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(Desde Washington, Estados Unidos) Los negociadores de Estados Unidos e Irán se encontrarán mañana en Pakistán para iniciar un proceso de negociación que permita terminar la actual guerra en Medio Oriente.
Israel advirtió que Hezbollah utiliza ambulancias con fines militares en medio de la guerra en Medio Oriente
El portavoz militar israelí, Avichay Adraee, acusó a Hezbollah de hacer un “uso militar extensivo” de ambulancias.
En una publicación en X, afirmó: “Israel actuará de conformidad con el derecho internacional contra cualquier actividad militar llevada a cabo por Hezbolla, incluido el uso de instalaciones médicas y ambulancias”.
Murió Kamal Kharrazi, ex canciller iraní y asesor del ex líder supremo Ali Khamenei
El funcionario del régimen falleció el jueves en Teherán a los 81 años como consecuencia de las heridas sufridas en un bombardeo atribuido a Estados Unidos e Israel el 1 de abril
El ex canciller iraní Kamal Kharrazi murió el jueves en Teherán a los 81 años como consecuencia de las heridas sufridas en un bombardeo atribuido a Estados Unidos e Israel el 1 de abril, según autoridades iraníes citadas por las agencias Mehr e ISNA. En el mismo ataque murió su esposa. La muerte también fue confirmada por familiares a la agencia IRNA, que precisaron que ocurrió “unas horas antes de medianoche”.
Zelensky reveló que Ucrania derribó drones iraníes en varios estados de Medio Oriente
El presidente ucraniano afirmó que expertos militares de Ucrania derribaron drones iraníes en varios países de la región. Kiev envió decenas de efectivos antidrones a al menos cuatro naciones de la región tras la ola de ataques de represalia con drones provocada por los operativos estadounidenses e israelíes contra Irán.
“Les mostramos a algunos países cómo trabajar con interceptores. ¿Los destruimos? Sí, lo hicimos. ¿Lo hicimos en un solo país? No, en varios”, declaró Volodimir Zelensky a periodistas. El mandatario explicó que no se trató de una misión de entrenamiento ni de ejercicios, sino de un apoyo directo para la construcción de sistemas de defensa aérea efectivos. “Sí, estaban derribando drones Shahed”, puntualizó, en referencia a los drones iraníes.
Zelenski indicó que las unidades ucranianas permanecerán en la región aun después del acuerdo de alto el fuego de dos semanas alcanzado entre Estados Unidos e Irán. “A cambio de nuestro apoyo y experiencia, recibiremos diversas cosas. En algunos casos, se trata de interceptores para proteger nuestra infraestructura energética; en otros, hay acuerdos financieros”, afirmó, y añadió que Ucrania también podría recibir suministros de petróleo.
El Banco Asiático de Desarrollo prevé una desaceleración del crecimiento regional por el conflicto en Medio Oriente
La entidad internacional calculó una baja en el ritmo de expansión en Asia, alertando sobre riesgos adicionales si la crisis se prolonga y las perturbaciones que afectarán a sectores clave del comercio y la energía
El Banco Asiático de Desarrollo (BAD) advirtió que la guerra en Medio Oriente afectará negativamente a las economías asiáticas este año y el próximo. El organismo pronosticó una desaceleración del crecimiento regional hasta el 5,1%, aunque advirtió que la cifra podría ser menor si el conflicto se prolonga y las perturbaciones persisten.
El jefe del Estado Mayor de las FDI aseguró que ahora Líbano es el principal campo de batalla
El jefe del Estado Mayor de las Fuerzas de Defensa de Israel (FDI), teniente general Eyal Zamir, declaró que Líbano se ha convertido en el principal campo de batalla y confirmó que las operaciones continúan en ese frente. “Las FDI están en estado de guerra, no estamos en un alto el fuego. Continuamos luchando aquí en este sector, esta es nuestra zona de combate principal”, afirmó.
Zamir añadió: “En Irán, estamos en un alto el fuego, y podemos volver a luchar allí en cualquier momento, y de una manera muy poderosa”.
Israel reportó que más de 7.500 personas fueron hospitalizadas desde el inicio de la guerra con Irán
Más de 7.500 personas fueron hospitalizadas con heridas relacionadas con la guerra desde el inicio de los combates entre Israel e Irán el 28 de febrero, según datos del Ministerio de Salud de Israel.
En total, 7.527 personas han sido ingresadas; de ellas, 108 permanecen hospitalizadas, dos en estado crítico y 13 en estado grave.
Las cifras incluyen tanto a soldados como a civiles, e incorporan casos de lesiones indirectas, como aquellas sufridas al intentar llegar a refugios.
International,Relations,Asia / Pacific,Diplomacy / Foreign Policy
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