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

By this supreme example of courage and compassion, this brilliantly-gifted young man left a spiritual legacy for his fellow Americans.

This administration is dedicated to increasing the share of Federal procurement dollars which is placed with minority business.

I will sorely miss your wise counsel and sharp judgment in the difficult and complex times ahead.

I fully intend to call on you frequently in the future whenever the need for your incomparable help arises.