“Our present tax system ... exerts too heavy a drag on growth ... It reduces the financial incentives for personal effort, investment, and risk-taking ... The present tax load ... distorts economic judgments and channels an undue amount of energy into efforts to avoidtaxliabilities.”
Quote by John F. Kennedy
Author
John F. Kennedy
John F. Kennedy was the 35th President of the United States, serving from 1961 to 1963. His presidency was marked by the Civil Rights Act, the New Frontier policy, and the intense Cold War confrontation with the Soviet Union. Kennedy was known for his youthful charm and charisma, but his assassination during his term shocked the world. more
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