So presidential hopeful Rick Santorum has Bill Press’ stomach all a-twitter, huh? Why? Because, according to Bill, “So what do you do? You attack President John F. Kennedy!”
I’m so glad to hear you say that, Bill. Tell you what – since you seem to respect JFK and what he stood for and said – why don’t you write one of your next columns about the speech he gave to the Economic Club of New York back in December of 1962? If I read it correctly, he pretty much put into words what Arthur Laffer put graphically on paper, that there is a point of taxation at which any increase will result in a decrease in revenue to the government, and, equally importantly, if confiscatory tax rates on the “greedy rich” are reduced, those revenues to the government will go up.
It’s your turn, Bill. Do you really hold JFK in high esteem, or only when what he says agrees with what you believe personally?
Changing the subject just a tad, here’s some fodder for all WND readers to think about. Go read JFK’s speech, and then consider this: I’ve mentioned it in more than one email to the editor sent in to several major newspapers all around the Chicagoland area, and some I’ve sent in more than once. Not one of them has seen fit to put any into print. I get the impression that they don’t want anyone to know the truth about tax rates, especially with you-know-who in the White House.
John Babush
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