Ronald Reagan actually said...

Last year, Uncle Sam lost billions of dollars in taxes on unreported interest and dividend income.

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

04/15/1983

More Ronald Reagan Quotes

Throughout my presidency, my commitment to national security remains unwavering.

Good ideas come not from Washington, where the headlines are, but out in the country, where the action is.

It's time for the Federal Government to admit to what it doesn't know and start listening to creative Governors like Tom Kean and Booth Gard...

I think it’s clear today that it’s time for those of us in Washington to face up to how little we know.