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Politics : Teddy Kennedy Today
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To: haqihana who wrote (656)10/18/2006 8:05:07 PM
From: Peter Dierks  Read Replies (2) of 729
 
"Our true choice is not between tax reduction, on the one hand, and the avoidance of large federal deficits on the other...[A]n economy hampered by restrictive tax rates will never produce enough jobs or enough profits...It is a paradoxical truth that tax rates are too high today and tax revenues are too low, and the soundest way to raise revenues in the long run is to cut rates now."

Democratic President John F. Kennedy in a December 14, 1962 speech at the Economic Club of New York.
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