[goldstategop]

President John F. Kennedy was the last Democrat who believed tax cuts help the economy and promote freedom. What does that say about today's Democratic Party that it believes the opposite?

"Show me just what Mohammed brought that was new, and there you will find things only evil and inhuman, such as his command to spread by the sword the faith he preached." - Manuel II Palelologus

[Rick_Michael]

I’m more for spending cuts than tax cuts.

In the long-run, spending cuts equal tax-cuts. Although it’s more popular to give and not tax, than it is to cut and not tax.

[FormerACLUmember]

JFK would be a Republican in 2007.

He would be driven from the democrat party by the Marxist scum, oops I mean “activists,” who have seized control of this once great political entity.

[Bobibutu]

JFK was President however the tax cut was the brain child of his Republican Sec. Tres. C. Douglas Dillon.

http://www.nationalreview.com/kudlow/kudlow033103.asp

John F. Kennedy reduced marginal tax rates during the buildup to the Vietnam War. His Republican Treasury secretary, Douglas Dillon, successfully pushed Kennedy in the direction of lower taxation and a stable dollar — economic growth policies that would be critical to halting post-war Soviet aggression around the world. When Johnson and Nixon raised taxes and sunk the dollar, they provided the Soviets with a dangerous opening for global dominance.

Roughly twenty years after the Kennedy/Dillon tax cut, Ronald Reagan employed exactly the same low-tax/strong-dollar strategy to revive the American economy in the run-up to his successful campaign to overturn Soviet communism.

[expat_panama]

' "...Cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."  Still, 20 years later, many were skeptical when Ronald Reagan explained the same principle again.'

Many of those skeptics share their thoughts on these same threads.  Personally, I find it hard to get around the facts that tax-cuts are immediately followed by stock rallies, then by gdp growth, and finally by revenue increases.  Skeptics often hang their hat on the fact that rate cuts do in fact cause a short term drop in revenue, but imo that sidesteps the whole point --sustainable fiscal responsibility.

Maybe this whole discussion is not economic but political in focus.   Kind of like a "global-warming" for money people.

[nyyankeefan]

Forty-five years ago this week, President John F. Kennedy announced a startling economic discovery. He tried to educate the American people about why he was cutting taxes...

a republican cornerstone that has stood the test of time....

and the patron saint of the lib/dems of today would have today been kicked out of his own party with views he espoused 45 years ago!!!