And we were listening to President Franklin Delano Roosevelt tell America at a time of crushing depression, at a time of a gathering storm abroad, that we have nothing to fear but fear itself. Imagine it's 1979, and you and I were listening to Ronald Reagan cut the top marginal tax rate from 70% all the way down to 28%. That we would go from crushing stagnation to booming economic growth to millions being lifted out of poverty and into prosperity and abundance. (24:48–25:23)
CLAIM
Asserts that Ronald Reagan reduced the top marginal tax rate significantly during his presidency.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
