Political Quotes

Lyndon Johnson: “The additional one point reduction in withholding rates, taking effect sometime in February, will raise the gross…”

On the recordJanuary 8, 1964
The additional one point reduction in withholding rates, taking effect sometime in February, will raise the gross national product for the rest of 1964 by some $3 to $4 billion over the level that would prevail under the 15 percent rate.
Said by
Lyndon Johnson
Democratic · Texas

Editor's note · Context

Letter to Senator Byrd Urging Further Reduction in the Tax Withholding Rate.

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