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Income Tax Cut, JFK Hopes To Spur Economy 1962/8/13

John F. Kennedy speaks on his income tax cut that he wants to present to Congress in January next year (partial newsreel).  
 
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LetonBrain (1 week ago) Show Hide
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When combined tax contributions exceed 51%, we can rightfully consider ourselves enslaved by Government.

This is NOT the way the system was designed. Its death by 1000 paper cuts: Each time Liberty is lost, we suck it up and move on.
asicit2b (1 week ago) Show Hide
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With King George they rebelled at 14 % total taxation or something like that.
fenderboy88 (2 months ago) Show Hide
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Democrats do believe in tax cuts,just not for people earning 10 million a year
BamaChris (2 months ago) Show Hide
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Democrats do not believe in tax cuts. Taking money from those who earn it and giving it to those who do not even pay taxes is not a tax cut.
fenderboy88 (2 months ago) Show Hide
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You seem to imply that teachers,mechanics,carpenters etc dont deserve a tax cut,why not?
BamaChris (2 months ago) Show Hide
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Tax cuts should be for people who pay taxes. Other than that, it is simply legalized robbery.
fenderboy88 (2 months ago) Show Hide
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Are you saying that 'average middle class and working class people are all bludgers and dont work,you seem to imply that its there fault,i agree that people who dont pay taxes shouldnt deserve tax cuts but ''middle class people whjo actually work deserve a break
BamaChris (2 months ago) Show Hide
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No, I am not saying that at all. All taxpayers need and deserve tax cuts.
fenderboy88 (2 months ago) Show Hide
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I dont believe democrats believe in giving tax cuts to people on welfare as you suggest,there are people doing it hard at the moment,its mostly people who earn less than 250000 that wont have taxes raised but it will be interesting to see if Obama keeps that promise
BamaChris (2 months ago) Show Hide
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He won't. He can't, especially if he gets all of the programs that he wants. Remember that Clinton did the same thing: promised a middle class tax ut, and then, not only did he not cut middle class taxes,but he raised them substantially.

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