Eric Alterman: As Ronald Reagan said... Oh never mind

  Conservative media outlets are falling all over themselves looking for the “true” heir to Ronald Reagan. (For a telling example see here.) But one area in which pretty much all conservatives today are completely off base when it comes to Reaganism is capital-gains taxation.

  Take David Frum, who has developed a reputation of late as being among the most thoughtful of prominent conservative commentators. He has twice recently made the conservative case for minimal capital-gains taxation here and here. In doing so, he defends a position held by virtually every conservative (and would-be Reaganite) in America.

  Thing is, Ronald Reagan actually raised capital-gains taxes.