Lyndon Johnson actually said...

There is only one tax reduction bill, and that bill is good for every American citizen--in whatever walk of life, in whatever income group--...

Tax reduction will not solve all our problems.

In summary: a reduction in the wage withholding rate to 14 percent immediately following enactment would more effectively achieve the econom...

This proposed change in withholding rates would effect a better fiscal balance between revenues in fiscal 1964 and fiscal 1965.