re: #350 NJDhockeyfan

“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.”
~ John F. Kennedy

Context means everything:

The top marginal tax rate was 91 percent, which JFK wanted reduced to a “more sensible” 65 percent. Compare that with today’s 35 percent top rate, and ask: If supply-siders are so enamored of JFK’s tax policies, would they advocate a return to a “more sensible” 65 percent top rate? Applying Kennedy’s tax talk to the current structure, JFK biographer Robert Dallek says, is like comparing “apples and watermelons.”