May 17, 2012
The Art of Plucking the Feathers without Killing the Bird?
“ I’ve been told that some Members of Congress disagree with my tax cut proposal. Well, you know it’s been said that taxation is the art of plucking the feathers without killing the bird. It’s time they realized that the bird just doesn’t have any feathers left. Maybe some of you heard me put it a different way on several occasions when I’ve said that robbing Peter to pay Paul won’t work anymore, because Peter’s been bankrupt for some time now. ”
~ Ronald Reagan, Remarks at National League of Cities Congressional City Conference. Washington, D.C., March 2, 1981.
1981... Wow, it seems like it was just yesterday, doesn’t it?