John F. Kennedy Quotes

The biggest - one of the biggest barriers to driving economic growth is the capital gains tax rate. I propose taking it to zero.

The cardinal rule of taxation is that whatever you put a levy on, you'll inevitably get less of. Taxing corporate activity means less investing, less hiring, fewer jobs and a smaller economy, which hurts the rich, the poor and the middle class alike.

All taxes have a negative effect on economic activity.

Levying the taxes … does not impede the industry, or unnecessarily interfere with the liberty, of the citizen, promotes, not the preservation only, but the increase of the national wealth, and encourages a more active use of the individual faculties.

What you don't want to have is tax-driven economic activity.

There is no serious statistical evidence in support of the view that tax rates at current levels have a major disincentive effect on economic growth.

Here's the problem if you keep raising tax rates: You slow down economic growth.

I get how devastating high taxes are to job creation.

We need a tax code that promotes savings, investment, achievement, innovation, and hard work.

Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down.

A properly designed tax system can strike a balance between helping the poor and, at the same time, giving people the incentive to work.

I think if you look back through time, the history of income, wealth and taxation is full of surprise. So I am not terribly impressed by those who know in advance what will or will not happen.

Look, I think the worst case scenario is obvious. I think first of all it doesn't work for very long. It's an unstable government that raises taxes and destroys the image we're building for Canada as a strong place to invest.

The data does not support that high-income tax cuts are the main drivers of growth, so I don't think that uncertainty over what the tax rate will be for someone that makes a million dollars a year has that big an impact on the economic growth rate in the country.

If you raise taxes on millionaires and billionaires, you'll do nothing to address the debt and the deficit. And the thing you might do is you might finally put this economy over another cliff. These millionaires and billionaires are the folks that try to create jobs and help grow the economy.

The Irish move to a very low corporation tax has generated very significant revenue growth, considerably in excess of Britain's, where a slower economy has been combined with a number of stealth taxes.

The income tax is flawed for a number of reasons - it discourages economic growth and encourages a bloated government.

Raising taxes is the last thing we should do amid the weakest economic recovery since World War II. Unfortunately, even if we avoid the full 'Taxmageddon' scenario, President Obama's health care law also contains a new surtax on investment that will take effect in 2013.

The real reason to oppose increasing tax rates on the wealthy is that it's a good bet they could do more to help the economy if they keep their money rather than have their earnings confiscated by the government and spent on another round of stimulus.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

Really, even in this whole Obama initiative, and everything that's going on with the economy, the only way to jump start it is we have to give each other opportunity. That's the only way to make it work.

I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term undermines revenue.

... a better government: more complete security of property; moderate taxes; a more permanent ... tenure of land ... the introduction of foreign arts ... and the introduction of foreign capital, which renders the increase of production no longer exclusively on the thrift or providence of the inhabitants themselves.

Since ours is an economy based on growth through risk-taking, we should provide encouragement not only for saving but for prudent investment of those savings.

made it a catechism that low taxes solve everything