Kennedy On Taxes Quotes & Sayings

The tax system is stacked against the average taxpayer. — Edward 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

In the blink of an eye, the fairytales told to children were as real as death and taxes. Vampires, shifters, trolls, demons and creatures of myth, were as real as the air we breathe. — L.A. Kennedy

The final and best means of strengthening demand among consumers and business is to reduce the burden on private income and the deterrence to private initiative which are imposed by our present tax system, and this administration pledged itself last summer to an across-the-board, top-to-bottom cut in personal and corporate income taxes to be enacted and become effective in 1963. — John F. Kennedy

Raising tax rates does not raise revenues. In fact, just the opposite happens. The rich just find a way to legally shelter their money and avoid the higher taxes. And who could blame them. But every time we've lowered tax rates, revenues rose. Harding. Coolidge. Hoover. Kennedy. Reagan. Bush. They all got that. — Steve Berry

[High income tax rates] not only check consumption but discourage investment and encourage ... the avoidance of taxes [rather] than the production of goods.[ ... ]Our present tax system ... reduces the financial incentives for personal effort, investment, and risk-taking. — 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 by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment. — John F. Kennedy

So if we are really concerned about generating more taxes, we ought to be investing in our people, not taking away the kinds of resources that contribute to their ability to become greater taxpayers in this country. — Patrick J. Kennedy

Legal immigrants play by the rules and come in under the law. They work, raise their families, pay taxes, and serve in the Armed Forces ... Legal immigrants do not seek to cross the border, or overstay their visas. They come here the right way ... And, by and large, they are here as the result of reunifying families ... — Edward Kennedy

There were no jobs created in America from 1945, when the war ended, through 2003. How could there be? Taxes were too high. Preposterously so under Eisenhower, Kennedy, Nixon, Reagan (who left office with a 28 percent rate on long-term capital gains) and Bush the Elder. — Andrew Tobias

That tax relief can spur the economy and thereby benefit all Americans is something that Washington Democrats used to understand. President Kennedy, for example, aggressively cut taxes after being elected to stimulate the economy as a means of helping all Americans. — Mike Bouchard

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. — John F. Kennedy

My full name's Ed Kennedy. I'm nineteen. I'm an underage cab driver. I'm typical of many of the young men you see in this suburban outpost of the city
not a whole lot of prospects or possibility. That aside, I read more books than I should, and I'm decidedly crap at sex and doing my taxes. Nice to meet you. — Markus Zusak