Seth Hanlon, Michael Linden: Ronald Reagan, Father of the ‘Buffett Rule’

See also: Video: Reagan Called For An End To ‘Crazy’ Tax Loopholes That Let Millionaires Pay Less Than Bus Drivers (Think Progress)

          We're going to close the unproductive tax loopholes that have allowed some of the truly wealthy to avoid paying their fair share. In theory, some of those loopholes were understandable, but in practice they sometimes made it possible for millionaires to pay nothing, while a bus driver was paying 10 percent of his salary, and that's crazy. It's time we stopped it.

  That was the president, making the case for why our tax code—riddled with unfair breaks, loopholes, and subsidies that disproportionately benefit the wealthy—requires fundamental reform that ensures the wealthy pay their fair share.