Ronald Reagan actually said...

About 80 percent of the money raised by the tax bill will come from plugging loopholes and from better compliance.

Remarks and a Question-and-Answer Session With Reporters on Federal Tax Legislation and the Situation in Lebanon

08/12/1982

More Ronald Reagan Quotes

My goal is to keep America the premier job-creating nation on Earth.

We have made this proposal in a sincere effort to start a dialog aimed at true internal reconciliation, which can bring peace and liberty to...

I ask only that the Members of our own Congress do the same.

We've asked both sides—the Communists and the democratic resistance—to lay down their arms.