Just more that the current president just doesn't understand.
From the article:
The former president addressed president Barack Obamaâ€™s oft-repeated call to raise taxes so that everyone â€œpays their fair share.â€
â€œIf you raise taxes on the so-called rich, youâ€™re really raising taxes on the job creators,â€ Bush said. â€œIf the goal is private sector growth, youâ€™ve got to recognize that the best way to achieve that growth is to leave capital in the treasuries of the job creators.â€
â€œI wish they werenâ€™t called the Bush tax cuts,â€ the former president said as an aside. â€œIf they were called some other bodyâ€™s tax cuts, theyâ€™re probably less likely to be raised.â€
â€œBut if you raise taxes, youâ€™re taking money out of the pockets of consumers,â€ he added. â€œAnd itâ€™s important for policymakers to recognize that all the doubt about taxes causes capital to stay on the sidelines. Uncertainty means capital (fuel for private sector growth) simply wonâ€™t move.â€