From Holden:
Somehow, I think the preznit is lying on the campaign trail:
“So I said to him the other day, well, how are you going to pay for them?” Bush said at the Ottawa County Fairgrounds in Holland, Mich. “And he said, ‘That’s easy — just tax the rich.’ ”
“You can’t raise enough money by taxing the rich,” Bush added.
Link via Froomkin.