Ronald Reagan actually said...

It's simply a more effective way of collecting tax money that's already owed.

Radio Address to the Nation on Withholding Tax on Interest and Dividends

04/15/1983

More Ronald Reagan Quotes

If H.R. 4775 were to reach the President's desk in its present form, his senior advisers would recommend disapproval.

I would strongly prefer a solution that would restore and encourage trade for all parties.

I would also expect the National Academy of Sciences to play a key role in focussing discussion within the United States' scientific communi...

The day of the free ride is over.