All I know is I paid less tax, without having given a thought to tax planning, much less hiring a tax planner. And the overall economy grew at the same time. Reagan was brilliant!
And that's how it should work. Americans should not need tax planners to prosper.
He was a lousy governor also, he doubled taxes and tripled government employees, and only balanced the budget in his last year by giving us State withholding tax and getting 2 years taxes in his last year on a one time basis after telling 1800 of at a dinner where he was the featured speaker, “I will never allow withholding tax as long as I am Governor”
Shortly after that he left the State for 2 days and had the Lt. Governor sign the withholding legislation.