This net reduction in tax liabilities of $10 billion will increase the purchasing power of American families and business enterprises in every tax bracket, with greatest increase going to our low-income consumers.
Kennedy explains how tax reductions will enhance purchasing power across various income levels.
Share
More from John F. Kennedy
There is no longer any reason why American children should suffer from polio, diphtheria, whooping cough, or tetanus.
While we shall never weary in the defense of freedom, neither shall we ever abandon the pursuit of peace.
Through hot wars and cold, through recession and prosperity, through the ages of the atom and outer space, the American people have never faltered and their faith has never flagged.
Today we still welcome those winds of change--and we have every reason to believe that our tide is running strong.