02/28/1982
https://www.presidency.ucsb.edu...
"we hope to get the House of Representatives to agree to it in legislative conference."
"A shortage of votes, he replied."
"That means 80 percent of the American people will be paying the rate of 15 percent or less."
"This new legislation raises the personal and dependent's exemption from $1,080 to $2,000 for all but the very richest Americans."