Achieve Quote by 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 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.”
About This Quote
Source Speech: Economic Policy Address, John F. Kennedy, 1962
Cutting tax rates can stimulate economic growth, eventually increasing revenue and reducing deficits.
In simple terms: Lower taxes boost growth, which can raise revenue.
Key Takeaway
Consider tax cuts to spur growth.
Themes
economics
policy
growth
taxation
budget
Mood
optimistic
strategic
Type
policy
economic
When to use this quote
- government budgeting
- business investment
- consumer spending
- inflation control
Key Concepts
supply‑side economics
fiscal stimulus
Questions to Reflect On
- Will short‑term cuts cause long‑term deficits?
- How to balance growth with equity?
A Different Perspective
Assumes growth will materialize quickly.
