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Video Shows Ronald Reagan Declaring Support For Tax System Similar To Buffett Rule

Posted: 04/ 9/2012 2:57 pm Updated: 04/ 9/2012 3:05 pm

Ronald Reagan Buffett Rule


Last fall, when President Obama debuted the Buffett Rule -- the simple idea that millionaires and billionaires should pay at least the same tax rate as middle class workers -- we climbed into the wayback machine and found a video of President Ronald Reagan decrying "crazy" tax loopholes that allowed a millionaire to pay a lower tax rate than a bus driver.

Read the whole story at ThinkProgress

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Filed by Nick Wing  |