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Obama, Reagan Agree on Taxes for Millionaires, Progressive Group Says -- VIDEO Obama, Reagan Agree on Taxes for Millionaires, Progressive Group ... Obama, Reagan Agree on Taxes for Millionaires, Progressive Group Says ... Obama, Reagan Agree on Ta...

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Obama, Reagan Agree on Taxes for Millionaires, Progressive Group Says -- VIDEO

photo of Theresa Poulson
October 3, 2011

Think Progress posted a video on Monday juxtaposing President Obama's calls to reform the tax code against those of President Reagan, highlighting a place where both leaders might have seen eye-to-eye.

The clip shows then-President Reagan, speaking on June 6, 1985, calling tax loopholes that allow a millionaire to pay lower taxes than a bus driver "crazy."

In pitching his plan to end Bush-era tax cuts for the wealthiest Americans, Obama has said that "middle-class families shouldn’t be paying higher taxes than millionaires and billionaires."

 

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