11/14/1984
https://www.presidency.ucsb.edu...
"I say that those who already owe taxes should pay them."
"Withholding 10 percent on interest and dividends will allow the Internal Revenue Service to recover an estimated $18 billion in otherwise lost revenues over the next 5 years."
"It's simply a more effective way of collecting tax money that's already owed."
"Last year, Uncle Sam lost billions of dollars in taxes on unreported interest and dividend income."