pattern from his plan comes from the early 1960s and the late president John F. Kennedy. It calls for an across the board tax cut to provide incentives for long-term economic growth.” Kennedy, Reagan claimed—not quite accurately—“cut the 91 percent bracket to 70 percent and the 20 percent bottom bracket down to 14. His Keynesian advisors swore that government would suffer a great loss of revenues.… Instead the stimulus to the economy was so immediate that actual tax revenues equaled a $54 billion increase in six years.” Jack Kemp was proposing a loaves-and-fishes policy miracle. Ronald Reagan
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