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"A comprehensive, collaborative elections resource."
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[John F.] Kennedy's Tax Cuts
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| Contributor | Tony82 |
| Last Edited | Tony82 Mar 27, 2004 01:58am |
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| Category | Commentary |
| News Date | Tuesday, January 27, 2004 06:00:00 AM UTC0:0 |
| Description | In the area of taxation, there is probably nothing that drives Democrats crazier than when they hear Republicans praise John F. Kennedy's tax cut and compare their tax cuts to his. Unfortunately, Democrats keep running up against Kennedy's own statements and actions, which show a clear parallel to Republican tax policies since 1980....
When Congressman Jack Kemp (R-NY) first began pushing for a big tax cut in the late 1970s, he got his inspiration from John F. Kennedy. I know because I was on Kemp's staff and had the job of drafting the Kemp-Roth Bill, which later formed the basis of Ronald Reagan's 1981 tax cut. Among those advising Kemp in this regard was Norman Ture, one of the fathers of supply-side economics and a key player in the development of the Kennedy tax cut. |
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