According to Josh Green, writing for Washington Monthly, Reagan’s 1982 tax hike raised $100 billion over three years, which at the time was the biggest tax increase since World War II. He also raised the tax on gasoline that year, as Sen. Simpson noted, and then raised taxes overall again in 1984 — the year he was reelected — by $50 billion over three years, primarily by rewriting the code to close business loopholes. In his second term, Reagan’s historic Tax Reform Act of 1986 increased taxes on corporations by $120 billion over five years — the largest corporate tax increase in history.As Governor of California, Reagan was even more liberal-like, as Pensito Review notes and as you might expect, but to the Tea Baggers and right-wing extremists who have hijacked the Republican Party, facts don't matter...
Of course, none of these aforementioned facts can ever counter the propaganda about Reagan that fills the airwaves of Fox News and AM radio or the talking points of right-wing ideologues like Sarah Palin. Facts do not matter to the Republican base, including especially those in the base’s current incarnation as tea baggers.Go read it all.
The Reagan myth is fundamental to the tea baggers’ drive for ideological purity — to their relentless purging of realists, like Reagan, and moderates, like the first Pres. Bush, from the conservative movement.
In the long run, the nation will benefit from the extreme right’s irresistible urge to roust reasonable people from their movement because eventually they’ll shrink it “down to the size where we can drown it in the bathtub,” as the right-wing propagandist Grover Norquist might say. This will be a net positive for the country because the United States has historically done well during periods when conservatives are neutered — see World War II, for example, after Republicans were sidelined in disgrace after their fiscal policies had caused the Great Depression, and the 1960s, when the GOP was vanquished after their McCarthyite pogroms in the 1950s had revealed the hollowness of their paranoid core.