Download or read book The Kennedy Johnson Tax Cut written by Martin F. J. Prachowny and published by Edward Elgar Publishing. This book was released on 2000 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Prachowny (economics, Queen's U., Kingston, Canada) challenges the position that the 1964 Kennedy-Johnson tax cut was an exemplary application of Keynesian stabilization policy, exposing the haphazard planning, simplistic economic theorizing, irreconcilable numerical projections, and partisan political influences on the Council of Economic Advisers. Emphasis is placed on the decisions, advice, and actions of the three Chairmen of the Council during the 1960s (Heller, Ackley, and Okun), based on their memoranda and confidential reports. Of likely interest to macroeconomists, as well as scholars and students interested in economic history and policy. Annotation copyrighted by Book News, Inc., Portland, OR

Download or read book JFK and the Reagan Revolution written by Lawrence Kudlow and published by Penguin. This book was released on 2016-09-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: The fascinating, suppressed history of how JFK pioneered supply-side economics. John F. Kennedy was the first president since the 1920s to slash tax rates across-the-board, becoming one of the earliest supply-siders. Sadly, today’s Democrats have ignored JFK’s tax-cut legacy and have opted instead for an anti-growth, tax-hiking redistribution program, undermining America’s economy. One person who followed JFK’s tax-cut growth model was Ronald Reagan. This is the never-before-told story of the link between JFK and Ronald Reagan. This is the secret history of American prosperity. JFK realized that high taxes that punished success and fanned class warfare harmed the economy. In the 1950s, when high tax rates prevailed, America endured recessions every two or three years and the ranks of the unemployed swelled. Only in the 1960s did an uninterrupted boom at a high rate of growth (averaging 5 percent per year) drive a tremendous increase in jobs for the long term. The difference was Kennedy’s economic policy, particularly his push for sweeping tax-rate cuts. Kennedy was so successful in the ’60s that he directly inspired Ronald Reagan’s tax cut revolution in the 1980s, which rejuvenated the economy and gave us another boom that lasted for two decades. Lawrence Kudlow and Brian Domitrovic reveal the secret history of American prosperity by exploring the little-known battles within the Kennedy administration. They show why JFK rejected the advice of his Keynesian advisors, turning instead to the ideas proposed by the non-Keynesians on his team of rivals. We meet a fascinating cast of characters, especially Treasury Secretary Douglas Dillon, a Republican. Dillon’s opponents, such as liberal economists Paul Samuelson, James Tobin, and Walter Heller, fought to maintain the high tax rates—including an astonishing 91% top rate—that were smothering the economy. In a wrenching struggle for the mind of the president, Dillon convinced JFK of the long-term dangers of nosebleed income-tax rates, big spending, and loose money. Ultimately, JFK chose Dillon’s tax cuts and sound-dollar policies and rejected Samuelson and Heller. In response to Kennedy’s revolutionary tax cut, the economy soared. But as the 1960s wore on, the departed president’s priorities were undone by the government-expanding and tax-hiking mistakes of Presidents Johnson, Nixon, Ford, and Carter. The resulting recessions and the “stagflation” of the 1970s took the nation off its natural course of growth and prosperity-- until JFK’s true heirs returned to the White House in the Reagan era. Kudlow and Domitrovic make a convincing case that the solutions needed to solve the long economic stagnation of the early twenty-first century are once again the free-market principles of limited government, low tax rates, and a strong dollar. We simply need to embrace the bipartisan wisdom of two great presidents, unleash prosperity, and recover the greatness of America.

Download or read book The Mellon and Kennedy Tax Cuts written by Christopher Frenze and published by . This book was released on 1982 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The 50th Anniversary of the Kennedy Tax Cut written by Bruce Bartlett and published by . This book was released on 2014 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: This article reviews the legislative history of the final enactment of the Kennedy tax cut in February 1964.

Download or read book The Kennedy Tax Cut written by Gregory H. Hawley and published by . This book was released on 1979 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book JFK Conservative written by Ira Stoll and published by Houghton Mifflin Harcourt. This book was released on 2013 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the 50th anniversary of the assassination of John F. Kennedy comes a sure-to-be-controversial argument that by virtually any standard, JFK was far more conservative than liberal.

Download or read book Kennedy Proposed His Big Tax Cut 50 Years Ago written by Bruce Bartlett and published by . This book was released on 2013 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: On January 24, 1963, John F. Kennedy sent a message to Congress proposing tax reduction and tax reform. On the 50th anniversary of this event, this article reviews the political hurdles to its enactment, which were much more severe than generally realized today.

Download or read book JFK and the Reagan Revolution written by Lawrence Kudlow and published by Penguin. This book was released on 2016 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stormy weather -- Path to power -- Advisers -- A Keynesian first year -- 1962 -- JFK the tax-cutter finds himself -- The push begins -- The civil rights connection -- Bill's passage -- Regression -- A new Camelot -- The Reagan revolution

Download or read book The Free Enterprisers written by Hobart Rowen and published by New York : Putnam. This book was released on 1964 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Newsweel's Business Trends editor delves into the problems, conflicts and personalities of the Kennedy administration's economic policy.

Download or read book Tax Rates and Tables for Prior Years written by United States. Internal Revenue Service and published by . This book was released on 1989 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Revenue Effects of the Kennedy Tax Cuts written by Victor A. Canto and published by . This book was released on 1980 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Truth Abt Supplyside Eco written by Michael K. Evans and published by New York : Basic Books. This book was released on 1983-06-14 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The myths of supply-side economics; The enduring truths of supply-sie economics; Policy implications.

Download or read book Trickle Down Theory and Tax Cuts for the Rich written by Thomas Sowell and published by Hoover Press. This book was released on 2013-09-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.

Download or read book Fiscal Policy written by James Tobin and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: President George W. Bush is preparing a drastic permanent reduction in federal income and estate taxes. He cites as precedents tax cuts by Kennedy-Johnson 1962-64 and Reagan 1981. In those cases, however, the economy was operating well below full employment and needed a "demand-side" stimulus (even though Reagan advertised his tax reduction as "supply-side"). In 2001, however, the economy is very close to full employment, and if it needs a stimulus at all, it is a quick modest temporary one instead of the large permanent one proposed. And why can't monetary policy do the job of stabilization, as it did successfully in the 1990's. A policy mix that assigns short run demand stabilization to the central bank is for several reasons preferable to a tight-money-easy-fiscal mix. In the case of Reagan and Bush the younger, federal tax cuts are advocated on philosophical and ideological grounds, diminution of the size and scope of government. But formulation of the issue as government versus people is a misunderstanding of democracy and of the reciprocities between public and private sectors.

Download or read book The Kennedy Half Century written by Larry J. Sabato and published by Bloomsbury Publishing USA. This book was released on 2014-10-14 with total page 641 pages. Available in PDF, EPUB and Kindle. Book excerpt: An original and illuminating narrative revealing John F. Kennedy's lasting influence on America, by the acclaimed political analyst Larry J. Sabato.

Download or read book Judgment Days written by Nick Kotz and published by Houghton Mifflin Harcourt. This book was released on 2005 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Opposites in almost every way, mortally suspicious of each other at first, Lyndon Baines Johnson and Martin Luther King, Jr., were thrust together in the aftermath of John F. Kennedy's assassination. Both men sensed a historic opportunity and began a delicate dance of accommodation that moved them, and the entire nation, toward the historic Civil Rights Act of 1964 and the Voting Rights Act of 1965. Drawing on a wealth of newly available sources -- Johnson's taped telephone conversations, voluminous FBI wiretap logs, previously secret communications between the FBI and the president -- Nick Kotz gives us a dramatic narrative, rich in dialogue, that presents this momentous period with thrilling immediacy. Judgment Days offers needed perspective on a presidency too often linked solely to the tragedy of Vietnam.We watch Johnson applying the arm-twisting tactics that made him a legend in the Senate, and we follow King as he keeps the pressure on in the South through protest and passive resistance. King's pragmatism and strategic leadership and Johnson's deeply held commitment to a just society shaped the character of their alliance. Kotz traces the inexorable convergence of their paths to an intense joint effort that made civil rights a legislative reality at last, despite FBI director J. Edgar Hoover's vicious whispering campaign to destroy King.Judgment Days also reveals how this spirit of teamwork disintegrated. The two leaders parted bitterly over King's opposition to the Vietnam War. In this first full account of the working relationship between Johnson and King, Kotz offers a detailed, surprising account that significantly enriches our understanding of both men and their time.

Download or read book The Road to Dallas written by David Kaiser and published by Harvard University Press. This book was released on 2009-11-30 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: Neither a random event nor the act of a lone madman—the assassination of President John F. Kennedy was an appalling and grisly conspiracy. This is the unvarnished story. With deft investigative skill, David Kaiser shows that the events of November 22, 1963, cannot be understood without fully grasping the two larger stories of which they were a part: the U.S. government’s campaign against organized crime, which began in the late 1950s and accelerated dramatically under Robert Kennedy; and the furtive quest of two administrations—along with a cadre of private interest groups—to eliminate Fidel Castro. The seeds of conspiracy go back to the Eisenhower administration, which recruited top mobsters in a series of plots to assassinate the Cuban leader. The CIA created a secretive environment in which illicit networks were allowed to expand in dangerous directions. The agency’s links with the Mafia continued in the Kennedy administration, although the President and his closest advisors—engaged in their own efforts to overthrow Castro—thought this skullduggery had ended. Meanwhile, Cuban exiles, right-wing businessmen, and hard-line anti-Communists established ties with virtually anyone deemed capable of taking out the Cuban premier. Inevitably those ties included the mob. The conspiracy to kill JFK took shape in response to Robert Kennedy’s relentless attacks on organized crime—legal vendettas that often went well beyond the normal practices of law enforcement. Pushed to the wall, mob leaders merely had to look to the networks already in place for a solution. They found it in Lee Harvey Oswald—the ideal character to enact their desperate revenge against the Kennedys. Comprehensive, detailed, and informed by original sources, The Road to Dallas adds surprising new material to every aspect of the case. It brings to light the complete, frequently shocking, story of the JFK assassination and its aftermath.