10/21/1960
https://www.presidency.ucsb.edu...
"The single-most important provision in the bill would provide a tax credit for new investment in machinery and equipment in the United States."
"This is not a new tax."
"Rejection of this bill, I firmly believe, would mean a loss of gold as our industries fail to keep pace with their modernized overseas competitors."
"It only makes certain that taxes now due are in fact paid."