Uploaded August 2025 | Updated September 2026, 2 weeks ago
President Ronald Reagan and Pat Buchanan, White House Communications Director, discuss the impact of income taxes. This video excerpt was recored in the Oval Office on June 12, 1985. Courtesy Ronald Reagan Presidential Library
For historical perspective, between 1945 (the end of World War 2) and 1963, income taxes ranged from 94 percent and 91 percent for the top bracket, according to the Tax Foundation. In 1980, the year before Reagan was sworn in, the top income tax bracket was 70 percent. #ronaldreagan #incometax #hollywood
President Ronald Reagan and Pat Buchanan, White House Communications Director, discuss the impact of income taxes. This video excerpt was recored in the Oval Office on June 12, 1985. Courtesy Ronald Reagan Presidential Library
For historical perspective, between 1945 (the end of World War 2) and 1963, income taxes ranged from 94 percent and 91 percent for the top bracket, according to the Tax Foundation. In 1980, the year before Reagan was sworn in, the top income tax bracket was 70 percent. #ronaldreagan #incometax #hollywood
