Political Quotes

Ronald Reagan: “This new legislation raises the personal and dependent's exemption from $1,080 to $2,000 for all but the very richest…”

On the recordJune 6, 1986
This new legislation raises the personal and dependent's exemption from $1,080 to $2,000 for all but the very richest Americans.
Said by
Ronald Reagan
Republican · California

Editor's note · Context

Radio Address to the Nation on Tax Reform

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More from Ronald Reagan

Dec 31, 1988

If we ever closed the door to new Americans, our leadership in the world would soon be lost.

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May 5, 2004

But there's nothing I can say that would make the situation right.

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