Quotessence
Home / Quotes / Quote by Ronald Reagan

Quote by Ronald Reagan

“...100% of what is collected is absorbed solely by interest on the Federal Debt...all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government.”

Quote by Ronald Reagan

Author

Ronald Reagan
Ronald Reagan

The 40th President of the United States, born on February 6, 1911, and passed away on June 5, 2004. Reagan's presidency was marked by economic prosperity and military strength, and he was known for his conservative political philosophy. more

You May Also Like