Arjuna
.338 Win Mag
Only one candidate has a plan for a booming economy | New York Post
Typically, Democrats bash business tax cuts as “trickle down economics” to benefit rich Republicans. But the inspiration for Trump’s tax reform came from a Democrat — John F. Kennedy — who faced a stagnant economy when he became president in 1961.
Kennedy understood tax cuts would cause businesses to invest, boosting worker productivity. More productive workers lead to higher wages as well as more goods and services to go around. A more prosperous nation.
Kennedy startled the nation by insisting that tax cuts would ultimately produce more tax revenue — not less — thereby reducing deficits. He was right, as Larry Kudlow explains in his new book “JFK and the Reagan Revolution.”
JFK slashed business taxes, and after his assassination, Congress enacted the rest of his tax program, igniting 5 percent annual growth for the next eight years.
Reagan repeated the formula in the 1980s, launching 20 years of 4 percent-plus growth.
It can happen again. Hillary has given up on growth. Voters can’t afford to.
Typically, Democrats bash business tax cuts as “trickle down economics” to benefit rich Republicans. But the inspiration for Trump’s tax reform came from a Democrat — John F. Kennedy — who faced a stagnant economy when he became president in 1961.
Kennedy understood tax cuts would cause businesses to invest, boosting worker productivity. More productive workers lead to higher wages as well as more goods and services to go around. A more prosperous nation.
Kennedy startled the nation by insisting that tax cuts would ultimately produce more tax revenue — not less — thereby reducing deficits. He was right, as Larry Kudlow explains in his new book “JFK and the Reagan Revolution.”
JFK slashed business taxes, and after his assassination, Congress enacted the rest of his tax program, igniting 5 percent annual growth for the next eight years.
Reagan repeated the formula in the 1980s, launching 20 years of 4 percent-plus growth.
It can happen again. Hillary has given up on growth. Voters can’t afford to.
