RONALD REAGAN: BUSINESS TAXES ARE A HIDDEN SALES TAX

RONALD REAGAN: BUSINESS TAXES ARE A HIDDEN SALES TAX

"When you and I were boys back in the Midwest, governments, federal, state, and local, were only taking about 15 cents out of every dollar earned. 

Today, they're taking almost half of every dollar earned, and most people don't realize it because the taxes are hidden in the so-called business taxes. 

Every tax on business is just a part of the cost of production, and the customer winds up paying it when he buys the product. 

It's a hidden sales tax."