As he just said:
I believe if we had done what I wanted to do, that’s cut taxes and at the same time, cut spending, we’d be talking about more tax cuts today, but we let spending get out of control and we know what happened.
In fact, he wanted a tax increase. He said in 2000:
Sure. And I don’t want to take any money. In fact, the program that I have gives them a slight tax increase, but the question is what do you do with the surplus. Governor Bush puts it all in tax cuts. I want to give middle-class Americans a tax break, spend it on Social Security, Medicare, and paying down the debt.
(Fox News Channel, Republican Presidential Candidate Debate, Columbia, SC, 5/15/07)