John Kennedy 1962: It was true then, it’s true now
Here’s an old gem! President John Kennedy in late 1962 calling for cuts to corporate and personal income taxes to spur an economy slowly recovering from recession.
The cuts eventually went into effect in 1964. As a result, revenues climbed 33 percent (adjusted for inflation) from 1961 to 1968.
Kennedy knew then that allowing businesses and citizens alike to keep more of their money results in economic growth.
House Bill 253 is about economics, not politics.