1) Thomas Jefferson reduced the national debt from $83 million to $57 million while Ronald Reagan quadrupled it from $700 billion to $3 trillion. Jefferson did so while abolishing ALL excise taxes including the whiskey tax in the first year of his presidency, and then spending $15 million to double the then size of the USA. Reagan added $2.3 trillion to the national debt while increasing and expanding the Social Security tax and the Alternative Minimum Tax.
The Tax Reform Act of 1986 was ostensibly to reduce or eliminate tax deductions. This legislation expanded the Alternative Minimum Tax (AMT) from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions and effectively raising their taxes. Meanwhile, the highest income earners (with incomes exceeding $1,000,000) are proportionately less affected thereby shifting the tax burden away from the richest 0.5%. In 2006, the IRS's National Taxpayer Advocate's report highlighted the AMT as the single most serious problem with the tax code. As of 2007, the AMT brought in more tax revenue than the regular tax which has made it difficult for Congress to reform. -- http://en.wikipedia.org/wiki/Reaganomics
The Wealth Redistribution Amendment was ratified in 1913. Jefferson accomplished the aforementioned without the income tax, originated by Republicans: the first US President to advocate extortion was Theodore Roosevelt - “In 1908 Theodore Roosevelt endorsed both an income tax and an inheritance tax, becoming the first President of the United States to openly propose that the political power of government be used to redistribute wealth.”
Origin of the Income Tax -- http://mises.org/daily/1597
“I come to bury Reaganomics, not to praise it.” -- http://mises.org/story/1544
Jefferson abolished taxes because he revered Rights. Reaganomics is a deceitful hocus pocus perpetrated upon a trusting people, busily working to earn a living.
2) Ayn Rand and Abraham Lincoln extolled Thomas Jefferson.
Ayn Rand worshipped: "If it is ever proper for men to kneel, we should kneel when we read the Declaration of Independence… the greatest document in human history, both philosophically and literarily."
Abe Lincoln extolled: "THE PRINCIPLES OF JEFFERSON ARE THE DEFINITIONS AND AXIOMS OF FREE SOCIETY… ALL HONOR TO JEFFERSON - to the man, who in the concrete pressure of a struggle for national independence by a single people, had the coolness, forecast, and sagacity to introduce into a merely revolutionary document an abstract truth, applicable to all men and all times, and so embalm it there that to-day and in all coming days it shall be a rebuke and a stumbling-block to the very harbingers of reappearing tyranny and oppression.”
Contrast Jefferson’s quest for precision in his defense of Rights with Reagan tactics: Reagan’s SEC chairman, who initiated the explosive growth of insider trading prosecutions in 1981, said about defining ‘unfair use’: “Once you get one, it doesn’t take sophisticated minds long to figure out where the edges are.” Laws without edges are tyrannical.
Why Businessmen Need Philosophy (page 186 – by Richard M. Salsman): “The Reagan administration strictly enforced laws against “price fixing”, “predatory pricing”, “intent to monopolize”, and horizontal mergers”… antitrust investigations averaged two hundred a year in the mid-1980s. Imprisonment for antitrust violations also continued: in 1985 more than a dozen executives from electrical contracting firms were jailed.
[Page 197: 2 “Electrical Contractors Reel Under Charges That They Rigged Bids,” Wall Street Journal, November 29, 1985. In addition to this antitrust case, of course, other successful businessmen were unjustly imprisoned under Reagan, including financier Michael Milken (under the non-objective securities laws) and hotelier Leona Helmsey (under the non-objective Federal tax code).”
Read the brutality against Wall Street under Ronald Reagan (from page 111, also by Richard M. Salsman). On page 113: “The injustice is not merely that a clear definition of insider trading is lacking, but the government makes a conscious effort to avoid defining it. Former SEC Chairman John Shad who initiated the explosive growth in prosecutions in 1981, said about naming a definition: ‘Once you get one, it doesn’t take sophisticated minds long to figure out where the edges are.’…”
Daniel Fischel, a professor of law and business at the University of Chicago Law School, wrote about the viciousness against Mike Milken, the creator of 62 million jobs, in Payback - The Conspiracy to Destroy Michael Milken and his Financial Revolution.
I depicted the utter brutality and injustice in Royal Serf. Under Reagan’s watch, businesses and good people were gestapoed by Rudy Giuliani.
http://mises.org/story/1544 -- All this was part of a drive by the administration to protect inefficient corporate managers from the dread threat of takeover bids, by which means stockholders are able to dispose easily of ineffective management and turn to new managers. Can we really say that this frenzied assault on Wall Street by the Reagan administration had no impact on the stock market crash [October 1987]?
And yet the Reagan administration has reacted to the crash not by letting up, but by intensifying, regulation of the stock market…
http://en.wikipedia.org/wiki/Ronald_Reagan -- The administration's stance toward the Savings and Loan industry contributed to the Savings and Loan crisis… partially influenced the stock market crash of 1987…
Are you a Jeffersonian or a Reaganite?
104 comments:
More Jefferson quotes - http://jpetrie.myweb.uga.edu/TJ.html
"I have little interest in streamlining government or in making it more efficient, for I mean to reduce its size. I do not undertake to promote welfare, for I propose to extend freedom. My aim is not to pass laws, but to repeal them. It is not to inaugurate new programs, but to cancel old ones that do violence to the Constitution, or that have failed in their purpose, or that impose on the people an unwarranted financial burden. I will not attempt to discover whether legislation is 'needed' before I have first determined whether it is constitutionally permissible. And if I should later be attacked for neglecting my constituents' 'interests,' I shall reply that I was informed their main interest is liberty and that in that cause I am doing the very best I can."
-- Barry Goldwater (The Conscience of a Conservative)
"... when Ronald Reagan took office, the sugar tariff was swiftly ushered into place. Naturally, sugar prices escalated, eclipsing the cost of ADM's high-fructose corn syrup. Soft-drink makers like Coca-Cola and Pepsi switched to the cheaper alternative in short order.
Perhaps this is why a statue of Ronald Reagan stands at ADM headquarters. It is a token of appreciation from one free marketeer to another for promoting what is, essentially, a socialist policy."
-- http://mises.org/daily/3934?sms_ss=facebook&at_xt=4caf0982da439516%2C0
“Socialized medicine was first proposed by Republican Theodore Roosevelt in 1912, when he ran for a third term as president on the Progressive Party platform.” -- http://www.capmag.com/article.asp?ID=5697
Ronald Reagan, the anti-Reaganite
http://www.latimes.com/news/opinion/commentary/la-oe-heilbrunn-reagan-20110123,0,204786.story
Thomas Jefferson engaged in the Barbary War two months into his first presidency. He crushed the initiation of force.
"Reagan not only failed to retaliate after 241 U.S. marines in Lebanon were slaughtered; he did worse. Holding that Islamic guerrillas were our ideological allies because of their fight against the atheistic Soviets, he methodically poured money and expertise into Afghanistan. This put the U.S. wholesale into the business of creating terrorists. Most of them regarded fighting the Soviets as only the beginning; our turn soon came." - http://www.peikoff.com/essays_and_articles/end-states-who-sponsor-terrorism/
Reagan Campaigns for Truman in 1948
http://www.youtube.com/watch?v=uJDhS4oUm0M
Other Regan info - http://thinkprogress.org/2011/02/05/reagan-centennial/
Under Ronald Reagan's watch, job creators were gestapoed. While touting he cut taxes, he expanded the SS tax and AMT, and he called those he instituted: fees, plugging loopholes, IRS enforcement, revenue enhancement. He quadrupled the national debt. When soldiers were killed, he dishonored justice. He poured money and expertise into Afghanistan which created terrorists.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
From Sharon G: "Freedom prospers when religion is vibrant & the rule of law under God is acknowledged." -Reagan
US theocracy warriors don't advocate, "Freedom prospers when Sharia is vibrant & the rule of law under Allah is acknowledged."
Atheists & theists have EQUAL rights. A gov't official who advocates for religion has the MARK of EVIL. A religion advocate should stay in the private sector.
"The best way to control the opposition is to lead it ourselves." - Vladimir Ilyich Lenin
Ronald Reagan successfully did this.
Americans rejected the Libertarian Party, whose founding principle is anarchism, so its members are invading the GOP. Voters have rejected the Conservative Party, whose founding principle is theocracy, so its members have invaded the GOP.
Lenin said, "The best way to control the opposition is to lead it ourselves."
Reagan did this. Under his watch, job creators were gestapoed. He expanded SS/AMT, called taxes he instituted fees, plugging loopholes, IRS enforcement, revenue enhancement. He quadrupled the nat'l debt, instituted entitlements, dishonored justice when soldiers were killed, poured money/expertise into Afghanistan w/c created terrorists.
http://www.youtube.com/watch?v=uJDhS4oUm0M
"The outstanding political fact of the 1980s is the rise of the New Right, and its penetration of the Republican party under President Reagan.... What we are seeing is the medievalism of the Puritans all over again, but without their excuse of ignorance. We are seeing it on the part of modern Americans, who live not before the Founding Fathers' heroic experiment in liberty, but after it."
http://www.aynrand.org/site/News2?page=NewsArticle&id=5360&news_iv_ctrl=1225
The Emergency Medical Treatment and Active Labor Act (EMTALA) is a U.S. Act of Congress passed in 1986 [under Reagan]. The cost of emergency care required by EMTALA is not directly covered by the federal government. Because of this, the law has been criticized by some as an unfunded mandate.... Increasing financial pressures on hospitals in the period since EMTALA's passage have caused consolidations and closures, so the number of emergency rooms is decreasing despite increasing demand for emergency care. There is also debate about the extent to which EMTALA has led to cost-shifting and higher rates for insured or paying hospital patients, thereby contributing to the high overall rate of medical inflation in the U.S.
http://en.wikipedia.org/wiki/Emergency_Medical_Treatment_and_Active_Labor_Act
I like JOB CREATOR Romney more: pro-choice, pro equal rights for gays, thus PRO-FREEDOM. He is NOT a Reaganite!
Reagan: Democrat who infiltrated the GOP; instituted EMTALA; gestapoed job creators. Touting he cut taxes, he expanded the SS & AMT; called those he instituted: fees, plugging loopholes, IRS enforcement, revenue enhancement. He quadrupled the national debt; paved the way for THEOCRACY WARRIORS.
http://www.youtube.com/watch?v=ensEjnGMRTA&feature=share
Romney was being honorable - he wanted his own state to pay for federal entitlements like EMTALA - which he could do nothing about - instead of BURDENING OTHERS.
Governors who accept federal entitlements instead of trying to finance them in their own state WANT SOMETHING FOR NOTHING - the creed of LOOTERS.
Romney HAD NO CHOICE on FEDERAL entitlements, but he had to find funding for them.
Are you in favor of governors who EVADE the issue of UNFUNDED entitlements?
What do you think of the EMTALA? If you were a governor, how would you finance federal entitlements while persuading others to end them?
An embryo is not a child. Humans with no brain activity are NOT ALIVE. The embryo is not an actual living human.
To sacrifice the rights of an actual living human over a potential is EVIL.
Reagan, the Democrat who infiltrated the GOP, instituted EMTALA, an UNFUNDED federal mandate. If you were a governor, how would you finance federal entitlements while persuading others to end them?
Romney tried a way to fund it so his state would not BURDEN others. But Reagan's THEOCRACY WARRIORS evade. The dishonest & irrational are on the side of those who evade UNFUNDED entitlements.
http://en.wikipedia.org/wiki/EMTALA
Reagan quadrupled the national debt. He instituted the unfunded EMTALA. He expanded Social Security and the Alternative Minimum Tax. Job creators, e.g. Michael Milken, were gestapoed under his watch.
Reagan paved the way for theocracy warriors like Palin, Bachmann, and Perry.
http://www.washingtonpost.com/wp-dyn/articles/A26402-2004Jun8.html
Lenin said, "The best way to control the opposition is to lead it ourselves."
Reagan was a success at this. He quadrupled the national debt. He instituted the unfunded EMTALA. He expanded Social Security & the Alternative Minimum Tax. Job creators, e.g. Michael Milken, were gestapoed under his watch. Reagan paved the way for theocracy warriors like Palin, Bachmann, & Perry.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
From Ken W. - "... Rick Perry was a former Democrat and even served as Al Gore's campaign chairman in 1988..."
Our colleagues at PolitiFact New Jersey last week looked at a similar claim, that every president has raised the debt ceiling. They found that was Mostly True. Only President Harry S. Truman did not.
Here, we are looking at Obama's claim that, "President Reagan did it 18 times. George W. Bush did it seven times."
We'll go straight to the White House Office of Management and Budget, which keeps tabs on when the debt ceiling has been raised.
Among its historical tables is one labeled "Statutory Limits on Federal debt 1940 - Current" (Table 7.3) The table lists 106 increases to the federal debt limit since 1940.
More specifically, it lists 18 increases to the debt ceiling between February 1981 and September 1987. In other words, there were 18 under President Ronald Reagan, as Obama said. And there were seven increases between January 2001 and January 2009 -- during George W. Bush's presidency. We should also note that it has been raised three times already under President Obama, on Feb. 17, 2009, Dec. 28, 2009 and Feb. 12, 2010.
We would be remiss if we failed to note that Obama opposed one of those increases to the debt ceiling under George W. Bush and criticized Bush for a lack of leadership.
"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. It is a sign that the U.S. Government can't pay its own bills," Obama said before a March 16, 2006, vote on raising the debt limit. The Senate narrowly approved raising the limit along partisan lines, 52-48, with all Democrats opposed.
http://www.politifact.com/truth-o-meter/statements/2011/jul/26/barack-obama/obama-says-reagan-raised-debt-ceiling-18-times-geo/
http://www.facebook.com/pages/I-am-a-Jeffersonian/102951273112979?v=wall#!/photo.php?fbid=2318022793802&set=a.1268872285695.139307.1346466773&type=1&theater
Lenin said, "The best way to control the opposition is to lead it ourselves." A former Democrat and a Gore campaigner, Perry is trying to follow Reagan's footsteps.
Reagan was a success at this Lenin tactic. Reagan quadrupled the national debt - he raised the debt ceiling 18 times. He instituted the unfunded EMTALA. He expanded the Social Security Tax & the Alternative Minimum Tax. Job creators, e.g. Michael Milken, were gestapoed under his watch. Reagan paved the way for theocracy warriors like Palin, Bachmann, & Perry.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
Easy cut and paste -
Lenin said, "The best way to control the opposition is to lead it ourselves." A former Dem & Gore campaigner, Perry is trying to follow Reagan's footsteps.
Reagan was a success at this Lenin tactic. Reagan quadrupled the national debt - he raised the debt ceiling 18 times. He instituted the unfunded EMTALA. He expanded the SS tax & AMT. Reagan paved the way for theocracy warriors like Palin, Bachmann, & Perry.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
http://i55.tinypic.com/105bb5g.jpg
Lenin said, "The best way to control the opposition is to lead it ourselves." A former Dem & Gore campaigner, Perry is trying to follow Reagan's footsteps.
Reagan was a success at this Lenin tactic. Reagan quadrupled the national debt, raising the debt ceiling 18 times. He instituted the unfunded EMTALA & expanded the SS tax & AMT. Reagan paved the way for THEOCRACY WARRIORS like PERRY & Bachmann.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
http://home.adelphi.edu/sbloch/deficits.html
Reagan quadrupled the national debt, raising the debt ceiling 18 times. Job creators were gestapoed under his watch.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
Total accumulated debt:
Under Carter... $...384,933,505,542
Under Reagan.. $1,706,702,601,850
This is more than quadruple.
http://home.adelphi.edu/sbloch/deficits.html
From Mike Michaels · Friends with David Nace and 193 others: "i banned you from the group [Tea Party] and two others that i owned that you belonged to. anyone who attacks reagan and defends that loon paul is not welcome there."
Romney is my candidate. Like Paul, I am against the Federal Reserve and I am for the Gold Standard. Mike Michaels: you and your groupmates are ANTI FREEDOM.
Lenin said, "The best way to control the opposition is to lead it ourselves." Reagan was a success at this Lenin tactic. Reagan quadrupled the national debt, raising the debt ceiling 18 times. He instituted the unfunded EMTALA & expanded the SS tax & AMT. Job creators, e.g. Mike Milken, were gestapoed under his watch. Reagan paved the way for THEOCRACY WARRIORS like Gingrich and Palin.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
Paul on Reagan and Gingrich balancing the budget -
Gingrich Balanced Budget Using Social Security Funds
http://www.5min.com/Video/Paul-Gingrich-Balanced-Budget-Using-Social-Security-Funds-517256652
"The first excise tax adopted by the United States government-indeed, the first federal tax of any kind-was the excise tax on whiskey adopted in 1791. Following the suppression of the Whiskey Tax Rebellion in 1794, where farmers had refused to pay the tax, additional taxes were imposed on carriages (1794), and later liquor, snuff, sugar refining, auction sales, and salt.[17]
Mostly repealed by the Jefferson Administration, federal excise taxes were readopted and expanded in scope during the War of 1812, the Civil War, the Spanish-American War, World War I, the Great Depression, World War II, and the Korean War, leaving the federal system primarily with major excise taxes on liquor, tobacco, and gasoline, and minor ones on other items (such as transportation facilities). These taxes are recognized, in light of the above history and understanding, to be excise taxes, even though they often tax the producer of the product directly, and therefore the consumer, indirectly."
http://www.taxfoundation.org/news/show/25402.html
""I consider the fortunes of our republic," [Jefferson] wrote, "as depending, in an eminent degree, on the extinguishment of the public debt." As president, his party abolished all of Hamilton's (and the Federalists') excise taxes and reduced the government debt from $83 million to $57 million."
http://www.lewrockwell.com/dilorenzo/dilorenzo137.html
"Nevertheless, Jefferson abolished all internal taxes, including the whiskey excise tax and the land tax. Meanwhile, the Napoleonic Wars in Europe, though a diplomatic minefield for American statesmen, proved a significant stimulus to the economy of the United States. Vigorous commerce enriched merchants while customs duties swelled the federal Treasury. By 1808 the national debt had been reduced from $80 million to $57 million, even though the Louisiana purchase had added an $11 million liability."
http://www.taxhistory.org/www/website.nsf/Web/THM1777?OpenDocument
http://www.youtube.com/watch?v=uJDhS4oUm0M
Lenin said, "The best way to control the opposition is to lead it ourselves." Reagan was a success at this Lenin tactic.
Reagan quadrupled the national debt, raising the debt ceiling 18 times. He instituted the unfunded EMTALA [REAGANCARE: the MANDATE for healthcare providers, which rewards FREELOADERS] & expanded the SS tax & AMT. Job creators, e.g. Mike Milken, were gestapoed under his watch. Reagan paved the way for THEOCRACY WARRIORS like Gingrich, Santorum, and Palin.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
"The outstanding political fact of the 1980s is the rise of the New Right, and its penetration of the Republican party under President Reagan."
http://www.aynrand.org/site/News2?page=NewsArticle&id=5360&news_iv_ctrl=1225
@8:55 "... across the board 20% rate cut for every American. I'll also repeal the Alternative Minimum Tax and we will abolish, finally, the death tax..." - http://www.youtube.com/watch?v=hzY8ppsAIdQ
Thomas Jefferson reduced the national debt from $83 million to $57 million while Ronald Reagan quadrupled it from $700 billion to $3 trillion. Jefferson did so while abolishing ALL excise taxes including the whiskey tax & the land tax in the first year of his presidency, engaging in the Barbary War two months into his first presidency, and then spending $15 million to double the then size of the USA. Reagan added $2.3 trillion to the national debt while increasing and expanding the Social Security tax and the Alternative Minimum Tax [AMT].
The Tax Reform Act of 1986 expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions and effectively raising their taxes. In 2006, the IRS's National Taxpayer Advocate's report highlighted the AMT as the single most serious problem with the tax code. - http://en.wikipedia.org/wiki/Reaganomics
Under Reagan's watch, Giuliani gestapoed Wall Street men. Reagan’s SEC chairman, who initiated the explosive growth of insider trading prosecutions in 1981, said about defining ‘unfair use’: “Once you get one, it doesn’t take sophisticated minds long to figure out where the edges are.” Laws without edges, undefined and flexible, are tyrannical.
From March to August 1991, the US Second District Court of Appeals in New York consecutively voided or reversed a slew of Giuliani convictions. Consequently, the Wall Street Journal ran an editorial headlined: “The Greed Decade Reversed”.
Despite the reversals, the victims of Giuliani’s prosecutorial excesses greatly suffered. Innocent people and businesses were destroyed.
http://rightonweekly.com/tea-emdorsements/bloggers-for-newt-gingrich/
@8:55 "... across the board 20% rate cut for every American. I'll also repeal the Alternative Minimum Tax [AMT] and we will abolish, finally, the death tax. [Obama] has now proposed raising taxes on small businesses and job creators. I am gonna lower those taxes. I will also lower the corporate rate to larger businesses to 25%. I'll make the R&D [research & development] tax credit permanent to foster innovation. I'm gonna end the repatration tax to return investment back to our shores... Let's finally have a tax plan that puts Americans back to work."
http://www.youtube.com/watch?v=hzY8ppsAIdQ
Romney, a serial deficit eradicator and surplus creator, is a JEFFERSONIAN. Thomas Jefferson reduced the national debt from $83 million to $57 million while abolishing ALL excise taxes including the whiskey tax & the land tax in the first year of his first presidency, engaging in the Barbary War two months into his first presidency, and then spending $15 million to double the then size of the USA.
The Tax Reform Act of 1986 [under Reagan] expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions and effectively raising their taxes. In 2006, the IRS's National Taxpayer Advocate's report highlighted the AMT as the single most serious problem with the tax code. - http://en.wikipedia.org/wiki/Reaganomics
Greg M. holds that I am insane for posting this article. I post it in response to those who insist on injecting Reagan in the 2012 elections. Greg and Mike D. hold it is political suicide. As I mentioned at one other time when I stood alone, I cannot do otherwise, due to the following:
1) Fidelity to the truth & to integrity. The truth is what conforms to reality. Integrity is fidelity to logic. It is the refusal to hold contradictions; it is the consistent cohesion of words and deeds; it is honoring one’s mental creations by giving them physical existence.
2) Fidelity to freedom. The fight against Reaganites is a fight for ECONOMIC and RELIGIOUS freedoms.
3) Refusal to betray the humans who were GESTAPOED under Reagan's administration.
If Romney thinks he can win on false pretenses, he is mistaken. He may try to please everyone, but rights-respecters respond only to honesty and integrity.
From William Peek: @Karl. You sent me a link about MARGINAL TAX RATES. Could you illustrate my point any better? Marginal Tax shows how much one pays as their income increases. Notice it went down during Reagan illustrating a tax cut for the wealthy. Reagan,in 1986, RAISED taxes on everyone making under $50,000, then cut taxes for the wealthy.Read the Tax reform act of 1986. This happened. I was there. My taxes went up. How can you say it NEVER HAPPENED? He also instituted a payroll tax on Social Security and Medicare Hospital Insurance in '82 or '83. That happened. George Bush Sr. coined the phrase Voodoo Economics so unless you're calling him liberal and left-winger, I don't know where you get off calling Voodoo Economics a left-wing phrase? It was started by and used by the Republican's.
William Peek @Karl. In order for anything to get passed that Reagan vetoed, the Democrat's would have to have a 2/3 majority vote in the house and senate. I don't remember that ever happening but I could be wrong. Can you cite me one instance of that e...ver happening during Reagan so I can get my facts straight? Also, Reagan raised taxes seven times during his presidency. That's a recorded fact! If he cut another tax somewhere, that's what we call a shell game. I don't mind giving credit where it's due but let's at least remember history the way it happened. Reagan, up to that time had the highest deficit in the history of the US. I don't know if you are old enough or remember Reagan's campaign platform? He had in his words and I quote,"A SECRET PLAN to save the economy!" He couldn't tell us what the plan was We just had to trust him and vote him in, then we would find out. I guess bank loans being 21% during Carter had everyone so scared they'd be willing to try anything. That secret plan turned out to be what he named Voodoo Economics!(Watch Ferris Beulers Day Off. Ben Stein plays a monotone history professor and talks all about it.) Voodoo Economics was a euphemism for DEFICIT SPENDING! America borrowed money to stimulate the economy and caused the greatest deficit in the history of the US(Up to that time) which wasn't balanced until '99 under Clinton. STIMULATE THE ECONOMY? Sound familiar? Is anyone today doing the same thing but calling it a stimulus package? Don't we hate Obama for doing that but love Reagan for the same thing. The only difference is Obamas was paid back in full with interest and Reagans wasn't He just ran up the deficit and after 8 years, gave it to the next generation to figure out... But he sure brought those damn red bastards to their knee's. Gotta' love that...
The national debt quadrupled in the 8 years Reagan was in office going from $700 billion to $3 trillion.
http://leftcall.com/6-ronald-reagan-facts-contradict-modern-republican-purity-test/
This says triple -
http://www.lewrockwell.com/rothbard/rothbard60.html
This is quadruple -
http://answers.yahoo.com/question/index?qid=20071125065415AATYt1I
Obama raised payroll taxes by 2%. Reagan hiked payroll taxes, too. "Reagan actually ended up raising taxes - eleven times."
Conservatives excoriate Obama for adding 6T to the national debt, but evade that Reagan raised the debt ceiling 18 times, quadrupling the national debt. Reagan expanded the AMT, transferring the tax burden from the rich to the middle class.
http://www.cbsnews.com/8301-503544_162-20030729-503544.html
http://www.facebook.com/photo.php?fbid=10151201102000773&set=a.10150304121645773.343817.58718055772&type=1&theater
Reagan raised payroll taxes, too. He raised the debt ceiling 18 times. That's twice a year in 6 years and thrice in 2 years.
Romney wanted to eliminate the Alternative Minimum Tax. Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."-http://en.wikipedia.org/wiki/Reaganomics
Reagan is popular because he is a DARK-AGES warrior.
"The outstanding political fact of the 1980s is the rise of the New Right, and its penetration of the Republican party under President Reagan.... What we are seeing is the medievalism of the Puritans all over again, but without their excuse of ignorance. We are seeing it on the part of modern Americans, who live not before the Founding Fathers' heroic experiment in liberty, but after it."
http://www.aynrand.org/site/News2?page=NewsArticle&id=5360&news_iv_ctrl=1225
Like Obama, Reagan raised payroll taxes, too. He raised the debt ceiling 18 times. That's multiple times a year that he was in office, like twice a year in 6 years and thrice in 2 years
Romney wanted to eliminate the Alternative Minimum Tax. Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."-http://en.wikipedia.org/wiki/Reaganomics
http://www.facebook.com/photo.php?fbid=404277932992066&set=a.341527965933730.83867.341490872604106&type=1&theater
Reagan raised the debt ceiling 18 times. That's multiple times a year that he was in office, like twice a year in 6 years and thrice in 2 years. He quadrupled the national debt. Like Obama, Reagan raised payroll taxes, too.
Romney wanted to eliminate the Alternative Minimum Tax. Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."-http://en.wikipedia.org/wiki/Reaganomics
http://www.facebook.com/photo.php?fbid=404277932992066&set=a.341527965933730.83867.341490872604106&type=1&theater
Reagan raised the debt ceiling 18 times. That's multiple times a year that he was in office, like twice a year in 6 years and thrice in 2 years. He quadrupled the national debt. Like Obama, Reagan raised payroll taxes, too.
Romney wanted to eliminate the Alternative Minimum Tax. Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."-http://en.wikipedia.org/wiki/Reaganomics
The price of DARK-AGES warrioring is Obama as well as Soros. The price of continued DARK-AGES warrioring could be Civil War II. God gifted man with free will, but DARK-AGES warriors spurn it. THEY ADVOCATE COERCION in the name their god.
The rationale for the wall of separation between church and state is crystal, but it cannot penetrate the minds of those who have renounced reason. Government/State is legal force, and free humans should not be forced. In freedom, legal force should be used only to secure rights. Legal force should not be used on rights respecters. The FREEDOM WALL separates the free (citizens) from the chained (wielders of legal coercive power).
241 US soldiers killed, and Reagan ran.
http://www.deseretnews.com/article/515039782/1983-Beirut-bomb-began-era-of-terror.html?pg=all
Reagan raised the debt ceiling 18 times. That's multiple times a year that he was in office, like twice a year in 6 years and thrice in 2 years. He quadrupled the national debt. Like Obama, Reagan raised payroll taxes, too.
Romney wanted to eliminate the Alternative Minimum Tax. Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
What started out as an effort by President Reagan to help poor people in rural areas have a phone in cases of emergency has mushroomed into what critics suspect is a new welfare program.
"The cost has gone from $143 million a few years ago to $2.2 billion today," Republican Louisiana Sen. David Vitter said, noting that today's cost is 15 times what it was.
The cost of the program increased dramatically after cellphones were added in 2008. Only low-income people on welfare and food stamps legally qualify, but some lawmakers say the program is out of control.
Sen. Claire McCaskill, a Democrat from Missouri, was incensed when she got an offer of a free phone.
"I got solicitation for a free phone at my apartment, which is certainly not a building where you're going to have people who are qualified for free phones. ... There is clearly money being wasted here."
Read more: http://www.foxnews.com/politics/2013/04/22/lawmakers-warn-cost-federal-free-phone-program-spinning-out-control/#ixzz2RHJ1J3zx
Who started the phone give-aways? The one who increased the debt ceiling 18 times, and who enslaved healthcare providers. REAGANCARE [EMTALA] is the mandate for healthcare providers, the mandate enslaving lifesavers and rewarding freeloaders.
What started out as an effort by President Reagan to help poor people in rural areas have a phone in cases of emergency has mushroomed into what critics suspect is a new welfare program.
"The cost has gone from $143 million a few years ago to $2.2 billion today," Republican Louisiana Sen. David Vitter said, noting that today's cost is 15 times what it was.
The cost of the program increased dramatically after cellphones were added in 2008. Only low-income people on welfare and food stamps legally qualify, but some lawmakers say the program is out of control.
Sen. Claire McCaskill, a Democrat from Missouri, was incensed when she got an offer of a free phone.
"I got solicitation for a free phone at my apartment, which is certainly not a building where you're going to have people who are qualified for free phones. ... There is clearly money being wasted here."
Read more: http://www.foxnews.com/politics/2013/04/22/lawmakers-warn-cost-federal-free-phone-program-spinning-out-control/#ixzz2RHJ1J3zx
Reagan cut and ran from Lebanon after hundreds of American Marines were killed.
If you use Reagan to fight for freedom, you are no freedom fighter. You are either anti truth, or a Democrat infiltrating the right, or a DARK-AGES warrior.
Reagan added $2.3 trillion to the national debt while increasing and expanding the Social Security tax and the Alternative Minimum Tax. He tyrannized businessmen and enslaved lifesavers. See REAGANCARE: the EMTALA. He started the phone giveaways, shouldered by taxpayers. http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
Thomas Jefferson engaged in the Barbary War two months into his first presidency. He crushed the initiation of force.
"Reagan not only failed to retaliate after 241 U.S. marines in Lebanon were slaughtered; he did worse. Holding that Islamic guerrillas were our ideological allies because of their fight against the atheistic Soviets, he methodically poured money and expertise into Afghanistan. This put the U.S. wholesale into the business of creating terrorists. Most of them regarded fighting the Soviets as only the beginning; our turn soon came." - http://www.peikoff.com/essays_and_articles/end-states-who-sponsor-terrorism/
Thomas Jefferson reduced the national debt from $83 million to $57 million while Ronald Reagan quadrupled it from $700 billion to $3 trillion. Jefferson did so while abolishing ALL internal taxes including the whiskey tax and land tax in the first year of his presidency, while ENGAGING in the BARBARY WAR two months into his first presidency, and then spending $15 million to double the then size of the USA.
Reagan added $2.3 trillion to the national debt while increasing and expanding the Social Security tax and the Alternative Minimum Tax.
http://ilynross.blogspot.com/2010/01/are-you-jeffersonian-or-reaganite.html
"Reagan not only failed to retaliate after 241 U.S. marines in Lebanon were slaughtered; he did worse. Holding that Islamic guerrillas were our ideological allies because of their fight against the atheistic Soviets, he methodically poured money and expertise into Afghanistan. This put the U.S. wholesale into the business of creating terrorists. Most of them regarded fighting the Soviets as only the beginning; our turn soon came." - http://www.peikoff.com/essays_and_articles/end-states-who-sponsor-terrorism/
Are you for or against:
1) Antitrust laws
2) Federal Reserve Act
3) Insider Trading laws
4) Other Economic regulations and regulators
5) the persecution or prosecution of Mike Milken et al
Why Businessmen Need Philosophy (page 186 – by Richard M. Salsman): “The Reagan administration strictly enforced laws against “price fixing”, “predatory pricing”, “intent to monopolize”, and horizontal mergers”… antitrust investigations averaged two hundred a year in the mid-1980s. Imprisonment for antitrust violations also continued: in 1985 more than a dozen executives from electrical contracting firms were jailed.
[Page 197: 2 “Electrical Contractors Reel Under Charges That They Rigged Bids,” Wall Street Journal, November 29, 1985. In addition to this antitrust case, of course, other successful businessmen were unjustly imprisoned under Reagan, including financier Michael Milken (under the non-objective securities laws) and hotelier Leona Helmsey (under the non-objective Federal tax code).”
Read the brutality against Wall Street under Ronald Reagan (from page 111, also by Richard M. Salsman). On page 113: “The injustice is not merely that a clear definition of insider trading is lacking, but the government makes a conscious effort to avoid defining it. Former SEC Chairman John Shad who initiated the explosive growth in prosecutions in 1981, said about naming a definition: ‘Once you get one, it doesn’t take sophisticated minds long to figure out where the edges are.’…”
And these -
http://mises.org/story/1544 -- All this was part of a drive by the administration to protect inefficient corporate managers from the dread threat of takeover bids, by which means stockholders are able to dispose easily of ineffective management and turn to new managers. Can we really say that this frenzied assault on Wall Street by the Reagan administration had no impact on the stock market crash [October 1987]?
And yet the Reagan administration has reacted to the crash not by letting up, but by intensifying, regulation of the stock market…
http://en.wikipedia.org/wiki/Ronald_Reagan -- The administration's stance toward the Savings and Loan industry contributed to the Savings and Loan crisis… partially influenced the stock market crash of 1987…
How Capitalism Saved America: The Untold History of Our Country, from the Pilgrims to the Present [Paperback]
http://www.amazon.com/How-Capitalism-Saved-America-Pilgrims/dp/1400083311
This book gives details about great capitalists:
http://www.amazon.com/The-Prime-Movers-Traits-Creators/dp/0814405703
Are you for or against Antitrust?
http://www.theobjectivestandard.com/issues/2009-winter/obama-antitrust.asp
This says 1T to 2.9T
http://www.washingtonpost.com/blogs/fact-checker/post/why-is-the-national-debt-16-trillion/2013/01/03/e2a85386-55fc-11e2-8b9e-dd8773594efc_blog.html
This is triple
http://www.snopes.com/politics/politicians/nationaldebt.asp
$700 billion to $3 trillion.
http://www.cbsnews.com/8301-503544_162-20030729-503544.html
$700 billion to $3 trillion.
http://books.google.com/books?id=Z94orTIayn8C&pg=PA71&lpg=PA71&dq=$700+billion+to+$3+trillion+reagan+debt&source=bl&ots=MzaV4FREZC&sig=kPI1l45ugq-110D8nnVp6KDO548&hl=en&sa=X&ei=xDH3UfaDEe_F4APilYCoCQ&ved=0CCwQ6AEwADgK#v=onepage&q=%24700%20billion%20to%20%243%20trillion%20reagan%20debt&f=false
http://www.reagan.utexas.edu/archives/reference/pressketch.html
Reagan, unlike Bush, increased taxes many times during his presidency — including what was then the largest tax increase in American history (the TEFRA tax).
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
Reagan agreed to a plan to save Social Security that included large payroll-tax increases. In addition, Reagan enacted what at the time was the most dramatic expansion of Medicare coverage since its inception, including a complex system of price controls.
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
Under Reagan, the national debt increased from just over $700 billion...
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
http://www.truthfulpolitics.com/http:/truthfulpolitics.com/comments/u-s-federal-debt-by-president-political-party/
http://www.justfacts.com/nationaldebt.asp
http://www.cbo.gov/sites/default/files/cbofiles/attachments/2011-03-18-APB-FederalDebt_0.pdf
http://www.debt.org/government/
The President stopped talking about balancing the budget and in 1982 supported the Tax Equity and Fiscal Responsibility Act (TEFRA), a measure presented as a tax reform bill that was also a tax increase.
http://millercenter.org/president/reagan/essays/biography/4
the national debt increased during the Reagan years from $914 billion to $2.6 trillion;
http://millercenter.org/president/reagan/essays/biography/4
http://www.fas.org/sgp/crs/misc/RL31967.pdf
Ronald Reagan: a Democrat who conquered the GOP, resulting to a more powerful bipartisan dictatorship, and paving the way for theocrats like Palin and Santorum.
U.S. Federal Deficits, Presidents, and Congress
http://home.adelphi.edu/sbloch/deficits.html
U.S. Federal Deficits, Presidents, and Congress
http://home.adelphi.edu/sbloch/deficits.html
The Debt rose $4.899 trillion during the two terms of the Bush presidency.
http://www.cbsnews.com/8301-503544_162-57400369-503544/national-debt-has-increased-more-under-obama-than-under-bush/
The Sad Legacy of Ronald Reagan
http://mises.org/freemarket_detail.aspx?control=488
http://www.politifact.com/truth-o-meter/statements/2011/jul/26/barack-obama/obama-says-reagan-raised-debt-ceiling-18-times-geo/
In 1982, Reagan supported the Tax Equity and Fiscal Responsibility Act (TEFRA), then the largest tax increase in American history. Reagan's legacy includes large payroll-tax increases. He enacted what at the time was the most dramatic expansion of Medicare coverage since its inception, including a complex system of price controls. He started the phone give-aways.
Romney wanted to eliminate the Alternative Minimum Tax (AMT). Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."
Reagan retreated from Lebanon after the 1983 bombing of a U.S. Marine barracks. (In one of his fatwas, Osama bin Laden cited the pullout as evidence of American weakness.) Reagan also agreed to sell arms for hostages — and not just to any nation, but to the Iranian regime led by Ayatollah Khomeini.
One who describes the early Christians as ANGELS says, "The outstanding political fact of the 1980s is the rise of the New Right, and its penetration of the Republican party under President Reagan.... What we are seeing is the medievalism of the Puritans all over again, but without their excuse of ignorance. We are seeing it on the part of modern Americans, who live not before the Founding Fathers' heroic experiment in liberty, but after it.
The New Right is not the voice of Americanism. It is the voice of thought control attempting to take over in this country and pervert and undo the actual American revolution."
Under Reagan, businessmen were gestapoed.
https://www.facebook.com/photo.php?fbid=611356602254913&set=a.124831897574055.18006.100373710019874&type=1&theater
Ted Cruz - Reaganite
https://www.facebook.com/photo.php?fbid=611356602254913&set=a.124831897574055.18006.100373710019874&type=1&theater
http://www.thefiscaltimes.com/Articles/2013/09/24/Decoding-Ted-Cruz-21-Things-You-Don-t-Know-About-Him
This says 17 times - The debt ceiling was raised on 17 occasions under President Ronald Reagan, nearly tripling from $935.1 billion to $2.8 trillion.
Under Reagan the debt ceiling was raised to:
•$985 billion in February 1981;
•$999.8 billion in September 1981;
•$1.0798 trillion September 1981;
•$1.1431 trillion in June 1982;
•$1.2902 trillion in September 1982;
•$1.389 trillion in May 1993;
•$1.49 trillion in November 1983;
•$1.52 trillion in May 1984;
•$1.573 trillion in July 1984;
•$1.8238 trillion in October 1984;
•$1.9038 trillion in November 1985;
•$2.0787 trillion in December 1985;
•$2.111 trillion in August 1986;
•$2.3 trillion in October 1986;
•$2.32 trillion in July 1987;
•$2.352 trillion in August 1987;
•and $2.8 trillion in September 1987.
http://usgovinfo.about.com/od/moneymatters/tp/5-Presidents-Who-Raised-The-Debt-Limit.htm
I've checked the data from the WH Office of Management and Budget - "Statutory Limits on Federal debt 1940 - Current" (Table 7.3).
Reagan -> 18 increases to the debt ceiling between February 1981 and September 1987. 935B to 2.800T [link inside the photo].
Bush43 -> from 5.950T to 11.315T (7 increases)
Obama as of 10/17/2013 -> 11.315T to 17.075T
-IR
http://www.whitehouse.gov/omb/budget/Historicals/
Another Reaganite! Obamaite, too.
Christie: I’m ready to be president because I’d do ‘exactly what Ronald Reagan would have done’
http://www.rawstory.com/rs/2013/11/10/christie-im-ready-to-be-president-because-id-do-exactly-what-ronald-reagan-would-have-done/
http://mises.org/freemarket_detail.aspx?control=488
3M granted amnesty -
http://www.ontheissues.org/celeb/Ronald_Reagan_Immigration.htm
A Democrat, Reagan, darling of Conservatives, conquered the GOP. Lenin said, "The best way to control the opposition is to lead it ourselves." Reagan was a success at this Lenin tactic.
http://www.youtube.com/watch?v=uJDhS4oUm0M
The top 2 reason why I say that Reagan is anti freedom is because he paved the way back to the Dark Ages -
"The outstanding political fact of the 1980s is the rise of the New Right, and its penetration of the Republican party under President Reagan.... What we are seeing is the medievalism of the Puritans all over again, but without their excuse of ignorance. We are seeing it on the part of modern Americans, who live not before the Founding Fathers' heroic experiment in liberty, but after it."
http://books.google.com/books?id=OsCSArJxIRwC&pg=PT67&lpg=PT67&dq=%22The+outstanding+political+fact+of+the+1980s+is+the+rise+of+the+New+Right%22&source=bl&ots=n7CPlWZI1Q&sig=DNMOF0WNyoTasXpYK9vwzBJRVrM&hl=en&sa=X&ei=0JdKU5GOPOvMsQSWqICwAQ&ved=0CCkQ6AEwAA#v=onepage&q=%22The%20outstanding%20political%20fact%20of%20the%201980s%20is%20the%20rise%20of%20the%20New%20Right%22&f=false
Another thing about Reagan in relation to the Bundy Ranch -
"DOI’s Bureau of Land Management (BLM)--which was created in 1946--administers 245 million acres of public land nationwide. This includes grazing rights on 155 million acres. The Public Rangelands Improvement Act of 1978 created the current system of charging rental fees for ranchers to use these acres to feed their private livestock, and was extended by President Ronald Reagan in a 1986 executive order."
http://www.breitbart.com/Big-Government/2014/04/12/Nevada-Ranch-War-Feds-Right-on-Property-But-Wrong-on-Constitution-and-Limited-Government
Reagan blamed the press.
http://crooksandliars.com/gordonskene/december-1st-1986-and-rag-beirut
@ 2:22 - Reagan blamed Carter
https://www.youtube.com/watch?v=Cjpwx3IiYNQ
"Reagan has tripled the Gross Federal Debt, from $900 billion to $2.7 trillion. Ford and Carter in their combined terms could only double it. It took 31 years to accomplish the first postwar debt tripling, yet Reagan did it in eight."
http://mises.org/freemarket_detail.aspx?control=488
Whose actions led to 9-11? REAGAN.
Reagan retreated from Lebanon after the 1983 bombing of a U.S. Marine barracks. (In one of his fatwas, Osama bin Laden cited the pullout as evidence of American weakness.) Reagan also agreed to sell arms for hostages — and not just to any nation, but to the Iranian regime led by Ayatollah Khomeini.
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
Reagan armed the Taliban.
http://www.businessinsider.com/reagan-freedom-fighters-taliban-foreign-policy-2013-2
Cruz says his hero is Reagan. Reagan gave amnesty to millions, while Cruz decries amnesty.
Reagan at least tripled the national debt while increasing/expanding taxes. If Cruz decries the national debt and increasing/expanding taxes, he is an infinte shameless hypocrite.
Reagan raised the debt ceiling 18 times, at least tripling it, while increasing/expanding many taxes.
Romney eliminated huge deficits and created large surpluses in the Salt Lake Olympics and as MA Governor, where 85% of the legislature were Democrats.
Ayn Rand on Reagan
https://www.youtube.com/watch?v=4196WvmEcYM
Reagan raised the debt ceiling 18 times, at least tripling it, while increasing/expanding many taxes.
Romney eliminated huge deficits and created large surpluses in the Salt Lake Olympics and as MA Governor, where 85% of the legislature were Democrats.
In 1982, Reagan supported the Tax Equity and Fiscal Responsibility Act (TEFRA), then the largest tax increase in American history. Reagan's legacy includes large payroll-tax increases. He enacted what at the time was the most dramatic expansion of Medicare coverage since its inception, including a complex system of price controls. He started the phone give-aways.
Romney wanted to eliminate the Alternative Minimum Tax (AMT). Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."
Most of all, Romney is a businessman, while under Reagan, businessmen were gestapoed.
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
Reagan raised the debt ceiling 18 times, at least tripling it, while increasing/expanding many taxes.
Romney eliminated huge deficits and created large surpluses in the Salt Lake Olympics and as MA Governor, where 85% of the legislature were Democrats.
In 1982, Reagan supported the Tax Equity and Fiscal Responsibility Act (TEFRA), then the largest tax increase in American history. Reagan's legacy includes large payroll-tax increases. He enacted what at the time was the most dramatic expansion of Medicare coverage since its inception, including a complex system of price controls. He started the phone give-aways.
Romney wanted to eliminate the Alternative Minimum Tax (AMT). Reagan pummeled the middle class with the AMT. "The Tax Reform Act of 1986... expanded the AMT from a law for untaxed rich investors to one refocused on middle class Americans who had children, owned a home, or lived in high tax states. This parallel tax system hits middle class Americans the hardest by reducing their deductions & effectively raising their taxes."
Most of all, Romney is a businessman, while under Reagan, businessmen were gestapoed.
http://www.commentarymagazine.com/2011/03/17/answering-mark-levins-challenge/
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