From www.whitehouse.gov and a summary presented by Team Obama of his trip to Mesquite, Texas:
The President noted a certain well-known Republican who agreed it was "crazy" that certain tax loopholes made it possible for millionaires to pay nothing while a bus driver was paying 10 percent of his salary:
You know who this guy was? Wasn’t a Democrat. Wasn’t some crazy socialist. It was Ronald Reagan. It was Ronald Reagan. Last time I checked, Republicans all thought Reagan made some sense. So, the next time you hear one of those Republicans in Congress accusing you of class warfare, you just tell them, I’m with Ronald Reagan.
The problem with this egotistic comparison between himself and a hugely successful and beloved former President is that it is a mirage. Ronald Reagan argued, quite successfully, to lower taxes by closing loopholes. Barack Obama may talk of closing loopholes but he wants to raise taxes to combat our economic woes.
This is the record Barack Obama runs on for re-election:
Senator John Thune addresses the jobs bill presented by President Obama:
The jobs bill is another huge stimulus bill boondoggle with the inclusion of tax hikes, which further destroy jobs and create uncertainty in the minds of job creators.
Barack Obama - he's made it worse.