Quotes

Reagan on Taxes

“And that's why it's so important to reduce tax rates.”

July 22, 1981

“You see, if we're sincere about giving the American people real tax reduction, then we have to do better than the typical one-shot, here today and gone tomorrow rebates of old. We must make the people a commitment, the kind of commitment that says if you work or save more tomorrow than you did today, then your reward will be higher. More of every added dollar that you earn will be yours to keep. And that's why it's so important to reduce tax rates.”

— Excerpted from Remarks About Federal Tax Reduction Legislation at a Luncheon for Editors and Broadcasters