FastSaying
History shows that when the taxes of a nation approach about 20% of the people's income, there begins to be a lack of respect for government. . . . When it reaches 25%, there comes an increase in lawlessness.
Ronald Reagan
History
Income
Taxes
Related Quotes
Our federal tax system is, in short, utterly impossible, utterly unjust and completely counterproductive . . . [It] reeks with injustice, and is fundamentally un-American,
— Ronald Reagan
Injustice
Taxes
Government is the people's business and every man, woman and child becomes a shareholder with the first penny of tax paid.
— Ronald Reagan
Business
Government
Man
Governments don't reduce deficits by raising taxes on the people; governments reduce deficits by controlling spending and stimulating new wealth.
— Ronald Reagan
Government
People
Politics
Common sense told us that when you put a big tax on something, the people will produce less of it. So we cut the people's tax rates, and the people produced more than ever before."
— Ronald Reagan
Common sense
People
Taxes
We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much
— Ronald Reagan
Debt
Money
Politics
