JFK and the Reagan Revolution

Washington to Wall Street

Kudlow's Quick Take

Tax Cuts, King Dollar & Growth: From JFK, to Reagan, to Trump
The proven prosperity model makes a comeback.
By Lawrence Kudlow, Sep 21, 2016

Fifty-four years ago, at the Economic Club of New York, President John F. Kennedy unveiled a dramatic tax-cut plan to revive the long-stagnant U.S. economy. He proposed lowering marginal tax rates for all taxpayers and reducing the corporate tax. He advised lowering the top tax rate from 91 to 65 percent and closing tax loopholes. Five times during the speech he used the word "incentives."

In perhaps the most famous line from that path-breaking speech, he said...

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