Perspective: John F. Kennedy on taxes: Lower rates of - TopicsExpress



          

Perspective: John F. Kennedy on taxes: 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. A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will have more money left over after taxes for a new car, a new home, new conveniences, education and investment. Every businessman can keep a higher percentage of his profits in his cash register or put it to work expanding or improving his business, and as the national income grows, the federal government will ultimately end up with more revenues. John F. Kennedy on foreign policy: Let every nation know, whether it wishes us well or ill, that we shall pay any price, bear any burden, meet any hardship, support any friend, oppose any foe, in order to assure the survival and the success of liberty. John F. Kennedy on personal responsibility: My fellow Americans, ask not what your country can do for you, ask what you can do for your country. Is our country going in this direction now with the current leadership in place, with JFKs vision? I dont think so. We have moving for many years into the Federal Government providing the solution for the folks. It will be hard for people to be weened off the federal entitlements as we move forward. Alex Fraser Tytler said: A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.... The average age of the worlds greatest civilizations has been two hundred years. These nations have progressed through this sequence: from bondage to spiritual faith; from spiritual faith to great courage; from great courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependence; from dependency back again to bondage. I ask the question, what phase is our country in?
Posted on: Wed, 16 Oct 2013 08:22:58 +0000

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