Back in 1982, Republicans and the Reagan administration determined that they needed to raise taxes on average working people to pay for part of the massive tax break they were giving billionaires (they dropped the top income tax bracket from 74% to 28%). Reagan imposed income taxes on elderly people on their Social Security income, ended the tax deductibility of interest on car loans and credit cards, and ended the tax deduction on two-income households. But one of the most truculent ways Reagan went after average working people to fund his tax cuts for billionaires was to sign legislation and…