"We must start now to provide additional..." - Quote by John F Kennedy
We must start now to provide additional stimulus to the modernization of American industrial plants I shall propose to the Congress a new tax incentive for businesses to expand their normal investment in plant and equipment.
More by John F Kennedy
“That is why the Aethenian law makers so decreed it a crime for any citizen to shrink from controversy. I am asking your help in the tremendous task of informing and alerting the American people. Confident that with your help, man will be what he was born to be, free and independent.”
“I am the one person who can truthfully say, I got my job through the New York Times.”
“The present tax codes inhibit the mobility and formation of capital, add complexities and inequities which undermine the morale of the taxpayer, and make tax avoidance rather than market factors a prime consideration in too many economic decisions.”
More on Economy
“If you can look back and say, "The economy's better. Our security's better. The environment's better. Our kids' education is better," if you can say that you've made things better, then considering all the challenges out there, you should feel good. But I'm the first to acknowledge that I did not crack the code in terms of reducing this partisan fever.”
“It was our love of foreign cloth that ousted the wheel from its position of dignity.”
“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.”
More on Taxes
“The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrence to private initiative which are imposed by our present tax system, and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963.”
“Print neatly. That's the kind of advice that the IRS considers a "dynamite" tax tip. If you ask them a real tax question, such as how you can cheat, they're useless.”
“Taxes were not raised to carry on wars, but that wars were raised to carry on taxes.”