Truth about Paying Their Fair Share… 💰🏦 Ronald Reagan 1979 * PITD
Truth about Economy and Paying Their Fair Share…… Ronald Reagan * PITD
announcement for Presidential Candidacy - January 13, 1979 (Excerpt)
No problem that we face today can compare with the need to restore the health of the American economy and the strength of the American dollar. Double-digit inflation has robbed you and your family of the ability to plan. It has destroyed the confidence to buy and it threatens the very structure of family life itself as more and more wives are forced to work in order to help meet the ever-increasing cost of living. At the same time, the lack of year growth in the economy has introduced the justifiable fear in the minds of working men and women who are already over extended that soon there will be fewer jobs and no money to pay for even the necessities of life. And tragically as the cost of living keeps going up, the standard of living which has been our great pride keeps going down.
The people have not created this disaster in our economy; the federal government has. It has overspent, overestimated, and over regulated. It has failed to deliver services within the revenues it should be allowed to raise from taxes. In the thirty-four years since the end of World War II, it has spent 448 billion dollars more than it has collection in taxes 448 billion dollars of printing press money, which has made every dollar you earn worth less and less. At the same time, the federal government has cynically told us that high taxes on business will in some way solve the problem and allow the average taxpayer to pay less. Well, business is not a taxpayer it is a tax collector. Business has to pass its tax burden on to the customer as part of the cost of doing business. You and I pay the taxes imposed on business every time we go to the store. Only people pay taxes and it is political demagoguery or economic illiteracy to try and tell us otherwise.
The key to restoring the health of the economy lies in cutting taxes. At the same time, we need to get the waste out of federal spending. This does not mean sacrificing essential services, nor do we need to destroy the system of benefits which flow to the poor, the elderly, the sick and the handicapped. We have long since committed ourselves, as a people, to help those among us who cannot take care of themselves. But the federal government has proven to be the costliest and most inefficient provider of such help we could possibly have.
We must put an end to the arrogance of a federal establishment which accepts no blame for our condition, cannot be relied upon to give us a fair estimate of our situation and utterly refuses to live within its means. I will not accept the supposed wisdom which has it that the federal bureaucracy has become so powerful that it can no longer be changed or controlled by any administration.
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I am a proud American, blessed father, a staunch 2A activist and a Marine Corps Veteran that just happens to be 100% blind. This is a look at the Second Amendment, firearms, self Defense, Constitutionally protected rights, Liberty and Freedom from the perspective of a Visually Impaired, Blind American. #PatriotInTheDark
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