Harry Truman actually said...

"Tax reduction now would increase inflationary pressures."

"A good tax reduction bill would give a greater proportion of relief to the low income group."

"If H.R. 1 were to become law, the inequity of its provisions would be frozen into the tax structure."

"As long as business, employment, and national income continue high, we should maintain tax revenues at levels that will not only meet current expenditures but also leave a surplus for retirement of th..."