Tax revenues are up 59 percent since 1980. Because of our economic growth? No. During Carter's four years, we had growth of 37.2 percent; Reagan's five years have given us 30.7 percent. The new revenues are due to four giant Republican tax increases since 1981. All republicans rightly chastised Carter for his $38 billion deficit. But they ignore or even defend deficits of $220 billion, as government spending has grown 10.4 percent per year since Reagan took office, while the federal payroll has zoomed by a quarter of a million bureaucrats... big government has been legitimized in a way the Democrats never could have accomplished. It was tragic to listen to Ronald Reagan on the 1986 campaign trail bragging about his high spending on farm subsidies, welfare, warfare, etc... the IRS has grown bigger, richer, more powerful, and more arrogant. In the words of the founders of our country, our government has "sent hither swarms" of tax gatherers "to harass our people and eat out their substance." His officers jailed the innocent George Hansen, with the President refusing to pardon a great American whose only crime was to defend the Constitution. Reagan's new tax "reform" gives even more power to the IRS. Far from making taxes fairer or simpler, it deceitfully raises more revenue for the government to waste... I want to totally disassociate myself from the policies that have given us unprecedented deficits, massive monetary inflation, indiscriminate military spending, an irrational and unconstitutional foreign policy, zooming foreign aid, the exaltation of international banking, and the attack on our personal liberties and privacy.
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Letter to chairman of the RNC Frank Fahrenkopf, March 1987Ron Paul
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. Deficits mean future tax increases, pure and simple. Deficit spending should be viewed as a tax on future generations, and politicians who create deficits should be exposed as tax hikers.
Ron Paul
One more item for the delusional Miss Grundys still obtusely citing Reagan as their model of "niceness": As governor of California, Reagan gave student protesters at Berkeley the finger. Remember that next time you ask yourself: "What would Reagan do?"
People who are afraid of ideas whitewash Reagan like they whitewash Jesus. Sorry to break it to you, but the Reagan era did not consist of eight years of Reagan joking about his naps.Ann Coulter
Mr. Speaker, I once again find myself compelled to vote against the annual budget resolution for a very simple reason: it makes government bigger. [...] We need to understand that the more government spends, the more freedom is lost. Instead of simply debating spending levels, we ought to be debating whether the departments, agencies, and programs funded by the budget should exist at all. My Republican colleagues especially ought to know this. Unfortunately, however, the GOP has decided to abandon principle and pander to the entitlements crowd. But this approach will backfire, because Democrats will always offer to spend even more than Republicans. When Republicans offer to spend $500 billion on Medicare, Democrats will offer $600 billion. Why not? It’s all funny money anyway, and it helps them get reelected. [...] The increases in domestic, foreign, and military spending would not be needed if Congress stopped trying to build an empire abroad and a nanny state at home.
Ron Paul
True, Reagan tied with Carter for the youth vote in 1980 and stole younger voters from Mondale in 1984, but other than that, young voters have consistently embarrassed themselves. Of course, back when Reagan was running for president, young voters consisted of the one slice of the population completely uninfected by the Worst Generation. Today's youth are the infantilized, pampered, bicycle-helmeted children of the Worst Generation. They foisted this jug-eared, European socialist on us and now they must be punished. Voters aged 18 to 29 years old comprised nearly a fifth of the voting population in 2008 and they voted overwhelmingly for Obama, 66 percent to 31 percent.
Ann Coulter
The total impact of the Reagan tax cuts on capital lowered the effective cost of capital to American industry by an estimated 1.2 percent. Unfortunately, the Laffer curve did not work as advertised. Lower tax rates did not produce more tax revenues. They produced deficits.
Robert Kuttner
Paul, Ron
Paul, Vincent de
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