According to at least one American president, the wealthy in this country should pay their share of taxes. Before my GOP buddies jump to conclusions and attack Presidents Jimmy Carter, Bill Clinton or Barack Obama, they should take a deep breath and read further. The belief relating to taxes was that of President Ronald Reagan. In a stirring 1985 speech, he called for fair taxation of millionaires. Recently, that speech has been compared by some to a similar speech made a few weeks back by President Obama.
In his 1985 speech, President Reagan vowed to “close the unproductive tax loopholes that have allowed some of the truly wealthy to avoid paying their fair share.” He said that these loopholes “sometimes made it possible for millionaires to pay nothing while a bus driver was paying 10 percent of his salary.” President Reagan aptly said “that’s crazy.” President Reagan added: “It’s time we stopped.” I am in total agreement with these two presidents, both Reagan and Obama. Moving in their suggested direction is badly needed and long overdue.
All of the GOP candidates for president seem to like using the Reagan name quite often – even though loosely on occasion – as they talk with potential voters. But I wonder how many of these candidates agree with the “Gipper” on his tax plan. What do you think?
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