A Quote by John F. Kennedy

An economy hampered by restrictive tax rates will never produce enough jobs or enough profits — © John F. Kennedy
An economy hampered by restrictive tax rates will never produce enough jobs or enough profits
It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough jobs or enough profits.
Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other. It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget, just as it will never produce enough jobs or enough profits.
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
A tax cut means higher family income and higher business profits and a balanced federal budget....As the national income grows, the federal government will ultimately end up with more revenues. Prosperity is the real way to balance our budget. By lowering tax rates, by increasing jobs and income, we can expand tax revenues and finally bring our budget into balance.
If the economy grows enough, fast enough, the tech system should be modernized so that the tax revenues rise fast enough also, and we should put more money in education.
Arthur Laffer's idea, that lowering taxes could increase revenues, was logically correct. If tax rates are high enough, then people will go to such lengths to avoid them that cutting taxes can increase revenues. What he was wrong about was in thinking that income tax rates were already so high in the 1970s that cutting them would raise revenues.
I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term undermines revenue.
You can never know enough, never work enough, never use the infinitives and participles oddly enough, never impede the movement harshly enough, never leave the mind quickly enough.
Listen, I think what's best for the economy and to create jobs is to extend all of the current tax rates - for all Americans. It - it begins to reduce the uncertainty. And for small businesspeople, they can look up and begin to plan.
The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than our foreign competitors tax theirs. It is costing us jobs. It's one of the reasons all these American companies are moving overseas.
We will reduce the tax burden, simplify tax rules, and make life easier for those who want to produce, do business, invest, and create jobs.
Businesses just want to increase their profits; it's up to the government to make sure they distribute enough of those profits so workers have the money to buy the goods they produce. It's no mystery - the less poverty, the more commerce. The most important investment we can make is in human resources.
Prescription for Life-long Happiness: Purpose enough for satisfaction; Work enough for sustenance; Sanity enough to know when to play and rest; Wealth enough for basic needs; Affection enough to like many and love a few; Self-respect enough to love yourself; Charity enough to give to others in need; Courage enough to face difficulties; Creativity enough to solve problems; Humor enough to laugh at will; Hope enough to expect an interesting tomorrow; Gratitude enough to appreciate what you have; Health enough to enjoy life for all its worth.
Utah's economy stays strong by adhering to conservative fundamental principles: low and consistent tax rates, smaller and more efficient government, sensible regulation, and empowering the private sector to create jobs.
There is no difficulty that enough LOVE will not conquer, no disease that enough LOVE will not heal, no door that enough LOVE will not open, no gulf that enough LOVE will not bridge, no wall that enough LOVE will not throw down, no sin that enough LOVE will not redeem.
There aren't enough professionals to solve the world's problems. There will never be enough doctors to solve the health problems of the world. There will never be enough teachers to solve the education problems of the world - illiteracy. There will never be enough missionaries to care and comfort and share the Good News. It has to be done by normal, ordinary people.
This site uses cookies to ensure you get the best experience. More info...
Got it!