Labor Quote: Reagan on Taxing the Rich

[Omaha Steve]

http://www.unionist.com/



"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

[Deep13]

1. Reagan, a fucking socialist.

:crazy:

[bbinacan]

2. Advocated closing loopholes but

dropped the top marginal rate to 28%. This is just rhetoric.

[yurbud]

4. the point is Reagan said it, which should embarass the right

[bluestateguy]

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.