The item"Comparing the Kennedy, Reagan and Bush Tax Cuts" represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries. This item is available to borrow from all library branches. May 19, Abbot Scholar Grant Yoshitsu ’05 believes that while John F. Kennedy’s tax cuts proved the feasability of government deficit spending, the tax cuts of George W.
Bush ’64 prove that tax cuts must be directed toward consumer, and not corporate, economic growth. Yoshitsu spoke Thursday about the differences between Kennedy’s Keynesian and Bush’s supply-side economics. KENNEDY INDIVIDUAL AND CORPORATE RATE CUTS. President John F. Kennedy proposed a tax cut in that Congress ultimately passed as The Revenue Act ofwhich was signed into law by President Lyndon B. Johnson.
Its signature provision was a cut in the top individual tax rate to 70% from 90% and a cut in the corporate rate to 48% from 52%. EFFECT OF REAGAN, KENNEDY, AND BUSH TAX CUTS ON REVENUES. EFFECT OF REAGAN TAX CUTS ON REVENUES - SHORT ANALYSIS. The argument that the near-doubling of revenues during Reagan's two terms proves the value of tax cuts is an old argument. It's also extremely flawed. At percent, revenues did nearly double during the 80s. Mar 14, JOHN F Kennedy's family condemned Republicans yesterday for using the late Democratic President's voice and image to sell President Bush's tr (£tr) tax cut plan, marking a sharp worsening.
cut from the Bush plan. If the income is 40, the family gets atax cut - and not just for one year, as under the Democratic alternative plan, but forever.
Proportionately, the rich get a smaller share of the Bush tax cut pie, not a bigger slice than the middle. 52 votes, 38 comments.
m members in the Economics community. News and discussion about economics, from the perspective of economists. Compare the rationale of the Reagan administration for the tax reductions with the rationale. behind the Kennedy-Johnson tax cut ofthe Bush tax cut ofand the Bush tax cut of. Business Economics Macroeconomics. Comments (0) Answer & Explanation. Unlock full access to. Jan 16, WASHINGTON - President Bush played to a crowd in New Orleans yesterday, extolling tax cuts as the right medicine for an economy in recession.
He warned that Democrats disagree and believe instead. Feb 12, Do tax cuts boost revenue? If the feds cut taxes deeply, will the gov somehow miraculously end up with more tax revenue in their coffers?
Supply siders seem to think so. Those wanting to keep the Bush tax cuts seem to think so. I think this is a econo-political argument that should be laid to rest. EFFECT OF REAGAN, KENNEDY, AND BUSH TAX CUTS ON REVENUES EFFECT OF REAGAN TAX CUTS.