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[high Income Tax Rates] Not Only Check Consumption But Discourage Investment And Encourage...the Avoidance Of Taxes [rather] Than The Production Of Goods.[...]our Present Tax System...reduces The Financial Incentives For Personal Effort, Investment, And Risk-taking.
-John F. Kennedy
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[high Income Tax Rates] Not Only Check

[high Income Tax Rates] Not Only Check Consumption But Discourage Investment And Encourage...the Avoidance Of Taxes [rather] Than The Production Of Goods.[...]our Present Tax System...reduces The Financial Incentives For Personal Effort, Investment, And Risk-taking.
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