And in the end, Ronald Reagan's government, through heavy spending without adequate taxation ran up what was then the highest debt in US history. George Bush, with the same philosophy has exceeded Ronald Reagan's debt and run up a debt in his brief 5 years greater than the combined debts of every other president in history. So much for walking the talk. Funny also - those most opposed to taxation don't seem to mind the enormous amounts of their taxes wasted on the military or given back to the already rich and the wealthy corporations . What they can't stand though is the idea of the peoples taxes actually going to benefit the people. Strange.