President Ronald Reagan in 1985, speaking in Atlanta:
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?
Here’s the video:
via Think Progress
Wow. He even says the high-income people should pay MORE than the rest. And that was a conservative position. How things have changed..
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Where the hell was I, when he said that.
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Reagan wouldn’t pass muster today.
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I agree, as he would be laughed at.
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I have said all along that the GOP uses Ronald Reagan’s name out of convenience, not ideology – after all, today he would be a RINO. On the other hand, the great tax reformer didn’t close those loopholes. But, he may have given that up in order to get a deal.
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I don’t think any 20th century Republican president would be acceptable to today’s GOP.
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And that inludes Bush 43!
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More like President Cheney & Bush. 🙂
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What’s the “Warren” thing about?
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Warren Buffet. He famously called for folks rich-like-him to pay more taxes.
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I know the quote but didn’t make the connection.
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