John F. Kennedy on taxes

WND ^ | July 19, 2004 | William J. Federer

[DaveTesla]

"It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now ... Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."

– John F. Kennedy, Nov. 20, 1962, president's news conference

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"Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government."

– John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress, fiscal year 1964

"In today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarges the federal deficit – why reducing taxes is the best way open to us to increase revenues."

– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: "The Economic Report Of The President"

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"It is no contradiction – the most important single thing we can do to stimulate investment in today's economy is to raise consumption by major reduction of individual income tax rates."

– John F. Kennedy, Jan. 21, 1963, annual message to the Congress: "The Economic Report Of The President"

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"Our tax system still siphons out of the private economy too large a share of personal and business purchasing power and reduces the incentive for risk, investment and effort – thereby aborting our recoveries and stifling our national growth rate."

– John F. Kennedy, Jan. 24, 1963, message to Congress on tax reduction and reform, House Doc. 43, 88th Congress, 1st Session.

[DaveTesla]

The only Democrat that got it!

[FormerACLUmember]

There used to be real democrats like JFK and Scoop Jackson, before Obama and the Marxists seized control in their coup d’etat.

[ansel12]

JFK is the man that finished off America, he gave us the 1960s and Vietnam, the unionization of government employees, and the unlimited and illegal immigration that we have today, and 50 years of The Lion of the Left, Ted Kennedy, and even homelessness with his Community Mental Health Act.

The 1960 election was the one that doomed us.

[SwedeBoy2]

JFK seems to be the Only Democrat that ever understood that in order to be a Socialist, You must first be a Capitalist.

[napscoordinator]

Don’t you think the mental health act was for his sister? I am sure that he thought he was doing the right thing at least with that issue. Plus he was pro-military.

[ansel12]

Emptying the mental hospitals did not help his sister and it was not for her, she spent her life hidden in a mental institute in Wisconsin, and Vietnam was not what the military wanted.

[Peacekeeper357]

My first vote was for JFK, I have never voted for a Dem. since then.

[nhwingut]

This was before the Dems went all out commie following the 60s.

[camle]

if it costs $50 to shield your money from taxes, it is worth your while to do that as long as your taxes are over $50- and the government gets nothing, but when taxes drop below the $50, then it becomes more worthwhile to simply pay the taxes, the government gets it’s revenue.

[DaveTesla]

I disagree.
Nixion was an even bigger socialist.
He gave us price and wage controls, the EPA, etc.

Not that I ever voted for a democrat but the problem
is big government.

The American voters finished off America with their incessant want for a handout.

[ansel12]

We could survive the politics of Nixon, who by the way would have been different as a 1960 President instead of a post JFK President trying to run a country left in ashes.

We did not survive JFK, there is never any returning to old America, these last 100 million JFK foreigners assure that, and there are unknown 100s of millions yet to come, some things you cannot fix or reverse, and race based immigration is one of them. No one can sell pre 1965 immigration to the new America.