RONALD REAGAN ON TAX REDUCTION
At Obama's current rate of spending and government growth, by 2025 the interest on the debt he is creating combined with Social Security will consume 98% of all government revenues. Obama's answer is increasing taxation, over regulation and expanding government.
Ronald Reagan believed in the ability and achievements of the private sector and everyday Americans in economic success and prosperity for both ourselves and our country. He cut tax rates which allowed business and the people to prosper. He decreased government involvement which grew the economy and brought about the greatest growth in our history. In fact the tax cuts caused government revenues to increase as the people stimulated economic growth by spending and private business expanding and hiring.
What a stark difference from the socialist agenda and government explosion by Barack Obama which promises to bankrupt our Nation within 15 years. Listen as President Reagan explains how the tax cuts worked and brought about economic growth and prosperity for America and Americans. This again is why we must defeat Obama's agenda in order to return conservative values and fiscal responsibility for our future and our children to be able to enjoy the freedom that we have in our lifetime.
Ken Taylor
posted by The Liberal Lie The Conservative Truth | 12:34 AM
2 Comments:
Take, Take, and Take some more. That is the government of the socialist leadership we are now being yoked with.
Money is power that will set the course of business and country. Obama and his cronies are doing all they can to collect this power and remove our ability to set course.
why do people think that when Reagan promised to reduce the deficit and curb inflation by having EVERYBODY pay LESS taxes - that he wasn't lying!?? It fucking baffles me! Sure - he cut taxes for the wealthy. The poorer people, who need the money to live day to day and week to week - well Reagan told them that their taxes didn't go up as much as they were going to. The result? Trickle Down Economics? Nooooooo! The result was that it became increasingly more difficult to work an honest 40hour job, and provide for your family while paying off your house and saving for retirement. As the rich get richer, the poor get poorer. Reagan fought for the rich. Obama's a Man of the People! Tea Baggers got it backwards.
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