Taxes Quotes by John F. Kennedy

An economy hampered by restrictive tax rates will never produce enough jobs or enough profits

— John F. Kennedy

A tax cut means higher family income and higher business profits and a balanced federal budget.

— John F. Kennedy

An across-the-board, top-to-bottom cut in personal and corporate income taxes ... to expand the incentives and opportunities of private expenditures.

— John F. Kennedy

The Federal Budget can and should be made an instrument of prosperity and stability, not a deterrent to recovery.

— John F. Kennedy

It is increasingly clear that no matter what party is in power, so long as our national security needs keep rising, an…

— John F. Kennedy

I have asked the secretary of the treasury to report by April 1 on whether present tax laws may be stimulating in…

— John F. Kennedy

We've spent half the expenditures, we've wrecked our budget on all these other domestic programs, and the only justification for it, in…

— John F. Kennedy

[High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our…

— John F. Kennedy

It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to…

— John F. Kennedy

When consumers purchase more goods, plants use more of their capacity, men are hired instead of laid off, investment increases, and profits…

— John F. Kennedy

The present tax codes inhibit the mobility and formation of capital, add complexities and inequities which undermine the morale of the taxpayer,…

— John F. Kennedy

Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break…

— John F. Kennedy

We have some of the most influential Members of Congress here today, and I do hope that we can get this appropriation…

— John F. Kennedy

Our practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic…

— John F. Kennedy

Our true choice is not between tax reduction on the one hand and the avoidance of large federal deficits on the other.…

— John F. Kennedy

A tax cut means higher family income and higher business profits and a balanced federal budget. Every taxpayer and his family will…

— John F. Kennedy

The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the…

— John F. Kennedy

We also need the provisions in the tax bill that will permit working mothers to increase the deduction from income tax liability…

— John F. Kennedy

In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax…

— John F. Kennedy

A tax cut means higher family income and higher business profits and a balanced federal budget…As the national income grows, the federal…

— John F. Kennedy

I see no magic in tax dollars which are sent to Washington and then returned. I abhor the waste and incompetence of…

— John F. Kennedy

Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within…

— John F. Kennedy

Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment,…

— 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…

— John F. Kennedy

If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military…

— John F. Kennedy

The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations,…

— John F. Kennedy