Misty
Gold Member
- Aug 11, 2009
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Today's so called conservatives have turned St. Ronnie into a myth that conforms to their cherished dream to foist all tax burdens onto the working class.
Reagan wouldn't support much of what today's Randians so desire.
Reagan clearly understood that taxation was a necessary evil.
After all the man proposed AND GOT the largest single tax increase in US history.
When he was governor of california.
"The Reagan plan, according to Bartlett, raised the top income tax rate from 7 percent to 10 percent, the sales tax rate from 3 percent to 5 percent, the cigarette tax rate from 3 cents to 10 cents per pack, the alcohol tax from $1.50 to $2 per gallon, the bank and corporate tax rate from 5.5 percent to 7 percent, and the inheritance tax rate from a range of 2 percent to 10 percent to a range of 3 percent to 15 percent."
"In the end, Reagans tax legacy fits neither the right-wing nor left-wing pigeonholes. Although he cut taxes when he could, he raised them when he had to. Thats something self-styled Reaganites today should remember."
Regardless, I still want lower taxes, smaller government, and more freedom for America!