I got this from WORLD magazine’s blog:
“The President has ordered that the flags flying at half-staff, in mourning for the death of Ronald Reagan, be raised today. That would be two days earlier than is customary. President Reagan died on June 5, so normally the flag would be at half-staff until July 5. But the White House decided that it would honor the memory of President Reagan to have the flags flying high on Independence Day.”

It seems approppriate to raise the flag high for Independence Day. I think Ronald Reagan would approve.