April 14, 2008

Quote of the Day

This quote is as true today as the day it was uttered:

“[April 15] is the last day for filing income tax returns—a day that reminds us that taxpayers pay too much of their earnings to the Federal Government. And Americans will continue to pay too much money to the Federal Government until the Congress acts on our proposals to reduce tax rates across the board... While April 15 serves as a reminder, the people of the United States truly do not need to be reminded. They are victims of inflation, which pushes them into higher tax brackets. They are robbed daily of a better standard of living. They are discouraged from work and investment... Taxes are much too high to deal in half measures... The choice before us is clear. I strongly feel that the great majority of Americans believe that nothing would better encourage economic growth than leaving more money in the hands of the people who earn it. It’s time to stop stripping bare the productive citizens of America and funneling their hard-earned income into the Federal bureaucracy. Today is a day when the people reaffirm their commitment to our system by contributing a portion of their income to the Government. Americans have always been prepared to pay their fair share, but today they should make it clear to all elected officials that government has gone beyond its bounds and that the people will not tolerate the ever-increasing tax burden they have experienced in recent years.” —Ronald Reagan

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