Why should those whose income is received in dividends or interest be treated differently, permitting an escape from taxes by a deliberate or neglectful failure to report such income?
John Fitzgerald Kennedy
The Public Record
John Fitzgerald Kennedy was the 35th President of the United States, serving from January 20, 1961, until his assassination on November 22, 1963. A member of the Democratic Party, he was born in Massachusetts and is often remembered for his leadership during the Cuban Missile Crisis, which brought the world to the brink of nuclear war. Kennedy also established the Peace Corps, promoting international service and cooperation, and he advocated for civil rights, laying the groundwork for future legislation in this area.
This tax credit, by increasing the profitability or potential rate of return on such an investment in the most efficient and economical way available, will provide American businessmen with a strong incentive to increase their capital…
May I congratulate you, and your associates on the House Ways and Means Committee, on reporting to the House a tax bill that will truly serve the national interest.
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.
The single-most important provision in the bill would provide a tax credit for new investment in machinery and equipment in the United States.
We would--have been attempting--as you know, the Red Cross has been attempting to secure an entrance into Cuba to see about the feeding of the prisoners.
It's very hard in military or in personal life to assure complete equality.
There is still--in the field of foreign policy France still bears responsibility.
I see nothing contradictory in a strong Atlantic Community and the United Nations.
President Kennedy also expressed satisfaction that the United States could make available surplus commodities to alleviate the severe famine conditions in northern Togo.
In my judgment, failure to go ahead in this ground is going to mean a collapse of this special effort.
I thought that yesterday's statements by the White House and by Mr. Dulles were very clear, and I think that closes the matter as far as I'm concerned.
President Kennedy noted the determined efforts toward economic and social development being carried forward by the Republic of Togo and stated the desire of the United States to continue development assistance to Togo.
And in him I believe we see an exceptionable figure--not only in Africa but really on the world scene.
This new method of transportation offers possibilities for renewed vigor and hope for increased economic strength for the coal industry.
The extensive and vigorous atomic power development programs currently being undertaken by the Commission should, of course, be continued and, where appropriate, strengthened during the period of your study.
The development of civilian nuclear power involves both national and international interests of the United States.
So, Mr. President, for your efforts to win independence for your country, but even more, for your efforts to build a better life for your people, and to play a progressive and liberal and responsible position in the development of Africa…
The nuclear power plants scheduled to come into operation this year, together with those already in operation, should provide a wealth of engineering experience permitting realistic forecasts of the future of economically competitive…





