JFK Myth - Reader comments at The New York Sun

Reader comment on:
Confronting His Monster
in response to reader comment: Lunacy

Submitted by Tom, Sep 10, 2007 13:12

Everybody is under the illusion that JFK cut taxes. Such was not the case. JFK proposed a modest tax cut because Walter Heller his economic advisor believed the budget surplus would create a drag on the economy. He proposed dropping the top rate to 70%. Would Norquist and others want to return to that rate. However, Kennedy died before his tax cuts passed although some were passed under Johnson. Secondly it is a myth to suggest tax revenues increase BECAUSE of tax cuts. Revenues will increase every year we have economic growth of any significance. If we cut taxes these revenues will not increase as much but revenue still might increase from the previous year. Secondly if revenues were to increase is it really a tax cut?? IF the average person is paying more in taxes (regardless of income) than is it a "tax cut" ? Finally, on matter of economic growth, measured by the standard of "full employment, balanced budgets" the Democratic Presidents have consistantly outperformed the Republicans?

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Other reader comments on this article

Comment	By	Date
Let's be clear. Despite his insinuations, Grover Norquist is no friend to middle and working class Americans. Nor is he... [MORE]	joshua lomask	Sep 10, 2007 19:31
People hate the IRS and our current tax code becuase of things like the AMT. It is not fair. Some... [MORE]	Jack	Sep 10, 2007 14:30
I don't like taxes, but count me among those willing to pay a fare share to eliminate deficit spending. Yes, we... [MORE]	Paul Collacchi	Sep 10, 2007 12:30
How is adding additional pages to the tax code and additional lines and calculations with different qualifiers and conditions to... [MORE]	Michael	Sep 10, 2007 14:36
This idea has been cast about, but there are several major problems with using the AMT as a backdoor to... [MORE]	Tax God	Sep 11, 2007 13:37
So let me get this straight. Grover here is suggesting that those wacky, misguided Democrats want to bankrupt, specifically, their... [MORE]	Joe Flip	Sep 10, 2007 12:14
What is it about Democrats and Taxes. JFK would be appalled at the lack of comprehension as to what stimulates... [MORE]	james j. dolan	Sep 10, 2007 11:13
Everybody is under the illusion that JFK cut taxes. Such was not the case. JFK proposed a modest tax cut...	Tom	Sep 10, 2007 13:12
What a web our polical leaders weave. The elected officals and rich get richer and the middle class get thier... [MORE]	Budswisr	Sep 10, 2007 11:01
The most fair thing to do about the AMT would be to replace it with taxes on the people who... [MORE]	Richaerd Lavallee	Sep 10, 2007 13:56