Ronald Reagan on Taxing the Wealthy

This is why St. Ronnie would not be welcome in the GOP of today. Here’s President Ronald Reagan in 1985:

As the Center for American Progress’ Seth Hanlon and Michael Linden put it, “in calling for the ‘Buffett Rule,’ Obama is merely calling for a return to basic fairness. He is echoing the very same call that Ronald Reagan made 25 years ago. Given the history, maybe we should be calling it the ‘Reagan Rule.’”

H/T to Think Progress.

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