jfk

[pippinwhitepaws]

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[Treasure_Hunter]

We will NOT go quitely into the night!

 

[Dave44]

JFK
"The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrents 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.

I am not talking about a "quickie" or a temporary tax cut, which would be more appropriate if a recession were imminent. Nor am I talking about giving the economy a mere shot in the arm, to ease some temporary complaint. I am talking about the accumulated evidence of the last 5 years that our present tax system, developed as it was, in good part, during World War II to restrain growth, exerts too heavy a drag on growth in peace time; that it siphons out of the private economy too large a share of personal and business purchasing power; that it reduces the financial incentives for personal effort, investment, and risk-taking.

In short, to increase demand and lift the economy, the Federal Government's most useful role is not to rush into a program of excessive increases in public expenditures, but to expand the incentives and opportunities for private expenditures.

Corporate tax rates must also be cut to increase incentives and the availability of investment capital. The Government has already taken major steps this year to reduce business tax liability and to stimulate the modernization, replacement, and expansion of our productive plant and equipment. We have done this through the 1962 investment tax credit and through the liberalization of depreciation allowances - two essential parts of our first step in tax revision which amounted to a 10 percent reduction in corporate income taxes worth $2.5 billion. Now we need to increase consumer demand to make these measures fully effective - demand which will make more use of existing capacity and thus increase both profits and the incentive to invest. In fact, profits after taxes would be at least 15 percent higher today if we were operating at full employment.

For all these reasons, next year's tax bill should reduce personal as well as corporate income taxes, for those in the lower brackets, who are certain to spend their additional take-home pay, and for those in the middle and upper brackets, who can thereby be encouraged to undertake additional efforts and enabled to invest more capital.

And I am confident that the enactment of the right bill next year will in due course increase our gross national product by several times the amount of taxes actually cut. Profit margins will be improved and both the incentive to invest and the supply of internal funds for investment will be increased. There will be new interest in taking risks, in increasing productivity, in creating new jobs and new products for long-term economic growth."

dang, He was a part of the Tea Party!

 

[austin]

" I AM NOT A CROOK"----Barack Obama, er, I mean Richard Nixon...

 

[pippinwhitepaws]

how typical...
one of our greatest presidents speech comes to light after 50 years...and all you can do is exactly what he then described as the unwanted behavior...
congratulations...

 

[Chadeaux]

dang, He was a part of the Tea Party!

To be able to make that statement only shows how far this country has fallen ... How far to the left it has moved.

 

[Mad Machinist]

To be able to make that statement only shows how far this country has fallen ... How far to the left it has moved.

Todays Democraptic Party isn't your Daddy's Democrat Party. Really sad when the today's Tea Party is the same as yesterday's Democrat Party.

 

[onfire]

I went to a Democrat party once It sucked, they talked about how soft their socks were, something about latte's? how they gave a quater to one of those guys with a sign at the stop lite, and laughed how they stopped traffic by doing something good. Then they all got confused trying to figure out what a teleprompter was. I left when they started to hand out Prozac and antidepressants. I'll stick to beer parties.

 

[JunkShopFiddler]

View attachment 895837

When JFK says we should all "stand together" that means you must give up your ideas and adapt his...period, end of discussion. If this speech actually "came to light" as you put it, it would be remembered as the it was meant to be. Right up there with, "I'm not a crook", and, 'Anybody who likes their healthcare can keep it" Sheeeeeesh, folks. The extent to which some of you are completely taken in by these political thugs is mind boggling.

(P.S. (Edit) I forgot to mention, "I did not have sex with that woman"...sorry.

 

[Red James Cash]

completely taken in by these political thugs is mind boggling.

Ive been trying to tell people that political parties is a stage show put on for the peoples benefit.Its all a circus,like so called pro wrestling.Behind closed doors theyre all buddy buddy.Good ole George Carlin was right,YOU DONT HAVE A CHOICE.

 

[Chadeaux]

Ive been trying to tell people that political parties is a stage show put on for the peoples benefit.Its all a circus,like so called pro wrestling.Behind closed doors theyre all buddy buddy.Good ole George Carlin was right,YOU DONT HAVE A CHOICE.

Been saying the same thing - using the wrestling analogy - for decades.

I have predicted the winner correctly in every presidential race since 1988 except the 2000 race. It's very simple, and anyone can do it.

Once you understand the candidates (by doing a bit of research into their past), just look for the one who is the most likely to attack the constitution, to waver away from what is just ... and you have your winner.

That 2000 election was tough. I mean, Bush or Gore? How do you choose? Now though, that I know what Gore has gone on to do to destroy our country, I understand why he had to lose. He could do more damage on the outside than in the white house ... and no term limits.

 

[Diggin-N-Dumps]

how typical...
one of our greatest presidents speech comes to light after 50 years...and all you can do is exactly what he then described as the unwanted behavior...
congratulations...

.

"ERRRRRRRRR" (Record Scratch)...Im sorry, I thought you said one of the "Greatest Presidents"

 

[onfire]

pIP EVER THINK WHY ALL THE GREAT ONES ARE dead

 

[pippinwhitepaws]

no, I already know that answer, onfire.

 

[pippinwhitepaws]

Great spirits have always encountered violent opposition from mediocre minds.

Albert Einstein

Read more at Great spirits have always encountered violent opposition from mediocre minds. - Albert Einstein at BrainyQuote

 

[Dave44]

Great spirits have always encountered violent opposition from mediocre minds.

Albert Einstein

Read more at Great spirits have always encountered violent opposition from mediocre minds. - Albert Einstein at BrainyQuote

The Tea Party does catch a lot of flak from the left! Good quote pip!

 

[onfire]

Albert was referring to liberals. I like that Quote also. Thanks PIP

 

[DeepseekerADS]

(P.S. (Edit) I forgot to mention, "I did not have sex with that woman"...sorry.

Well, I did! But then I woke up and it was only a darned dream....

 

[onfire]

Well, I did! But then I woke up and it was only a darned dream....

Did you wake up next to a paper bag??

 

[JunkShopFiddler]

Great spirits have always encountered violent opposition from mediocre minds.

Albert Einstein

Read more at Great spirits have always encountered violent opposition from mediocre minds. - Albert Einstein at BrainyQuote

Gee, That explains why the great minds who framed the US Constitution always get such opposition from democrats, liberals, and other under-informed folks!


You go, Albert!