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Our Present Tax System ... Exerts Too Heavy A Drag On Growth ... It Reduces The Financial Incentives For Personal Effort, Investment, And Risk-taking ... The Present Tax Load ... Distorts Economic Judgments And Channels An Undue Amount Of Energy Into Efforts To Avoidtaxliabilities.
-John F. Kennedy
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Our Present Tax System ... Exerts Too

John F. Kennedy
Our Present Tax System ... Exerts Too Heavy A Drag On Growth ... It Reduces The Financial Incentives For Personal Effort, Investment, And Risk-taking ... The Present Tax Load ... Distorts Economic Judgments And Channels An Undue Amount Of Energy Into Efforts To Avoidtaxliabilities.
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