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denied a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity. but great as our tax burden is, it has not kept pace with public spending. >> bill: mr. reagan kept his promise in that address dropping the federal income tax rate for the highest earners from 70% to 28%. mr. reagan went on to say that a large federal government was a problem, not a solution. >> it is no coincidence that our present troubles parallel and our proportionate to the intervention and intrusion in our lives that result from unnecessa...

denied a fair return for their labor by a tax system which penalizes successful achievement and keeps us from maintaining full productivity. but great as our tax burden is, it has not kept pace with public spending. >> bill: mr. reagan kept his promise in that address dropping the federal income tax rate for the highest earners from 70% to 28%. mr. reagan went on to say that a large federal government was a problem, not a solution. >> it is no coincidence that our present troubles parallel and our proportionate to the intervention and intrusion in our lives that result from unnecessa...

open next to a religious facility. we will tell you about an outrageous situation. >> now, who is your favorite founding father? >> abraham lincoln. >> abraham lincoln? >> yeah. >> bill: how much do you know about who made this country a bags of freedom? jesse watters with some interesting observations. >> do you know what year we declared independence from great britain? >> 1964. >> 1864. >> 1776. [bell] >> third time is a charm. >> bill: caution, you where to enter the no spin zone, the factor begins right now. >> bill: i'm bill o'reilly. thanks for watching us tonight. the ghost o...

open next to a religious facility. we will tell you about an outrageous situation. >> now, who is your favorite founding father? >> abraham lincoln. >> abraham lincoln? >> yeah. >> bill: how much do you know about who made this country a bags of freedom? jesse watters with some interesting observations. >> do you know what year we declared independence from great britain? >> 1964. >> 1864. >> 1776. [bell] >> third time is a charm. >> bill: caution, you where to enter the no spin zone, the factor begins right now. >> bill: i'm bill o'reilly. thanks for watching us tonight. the ghost o...