It’s Time To Listen To A Democrat

“An economy constrained by high tax rates will never produce enough revenue to balance the budget, just as it will never create enough jobs or enough profits.”

While I can’t take credit for that quote , I certainly agree with it.  So do other fiscally responsible Republicans AND Democrats.

What many people don’t know, or have forgotten, is that this quote is from a Democrat.  John F. Kennedy said it.  He meant it.  He also proved that reducing taxes actually INCREASED revenues and stimulated the economy.

When it came to capital gains taxes, Kennedy was also on the right side of the issue.  “The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital… the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.”

 Kennedy was not an advocate of “redistribution” of wealth either.  He believed the wealthy should pay their share, but not EVERYONE”S share.  He had this to say about that.  “No American is ever made better off by pulling a fellow American down, and every American is made better off whenever one of us is better off. A rising tide raises all boats.”

 

 Let’s begin the journey to a healthy economy and a prosperous America.

 

We should listen to this Democrat… President John Kennedy!

 

***Gordon Howie is an author, host of Liberty Today TV and CEO of Life and Liberty Media***

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