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Labor Quote: Reagan on Taxing the Rich

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Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 06:39 PM
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Labor Quote: Reagan on Taxing the Rich

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"We're going to close the unproductive tax loopholes that allow some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying ten percent of his salary, and that's crazy. <...> Do you think the millionaire ought to pay more in taxes than the bus driver or less?"

-- President Ronald Reagan, June 1985

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Deep13 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 06:41 PM
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1. Reagan, a fucking socialist.
:crazy:
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bbinacan Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 07:06 PM
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2. Advocated closing loopholes but
dropped the top marginal rate to 28%. This is just rhetoric.
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yurbud Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Nov-11-11 11:25 PM
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4. the point is Reagan said it, which should embarass the right
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bluestateguy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Oct-10-11 07:07 PM
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3. He'd be too liberal for today's Republican Party
As would George HW Bush, and I even have my doubts that Bush Jr. would cut the mustard anymore.
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