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. β¨ Address to the Economic Club of New York, delivered 14 December 1962, Waldorf Astoria Hotel, New York
More Author Quotes
- Finally, I believe in an America where religious intolerance will someday end; where all men and all churches are treated as equal; where every man has the same right to attend or not attend the chur β¦ βΆ
- I think we're going to have to do better. Mr. Nixon talks about our being the strongest country in the world. I think we are today, but we were far stronger relative to the Communists 5 years ago. An β¦ βΆ
- I will splinter the CIA into a thousand pieces and scatter it into the winds.
- The rising tide lifts all the boats. β¨ Remarks, Pueblo, Colo., 17 Aug. 1962. An earlier occurrence appears in the Wall Street Journal, 29 Oct. 1957: The Rising Tide Lifts All Boats.
- It is time for a new generation of leadership. β¨ Presidential Nomination Acceptance Speech, en.wikisource.org. July 15, 1960.
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