| IPI Issue Brief Another Look at the Kennedy Tax Cuts -- What Can We Learn from the Tax Policy of the 1960s? by Gary Robbins, Aldona Robbins on 09/20/1996 12 Pages |
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Synopsis: This is a comprehensive examination of the Kennedy tax cut program, beginning with the changes in depreciation rules in 1962. The conclusion is that the Kennedy tax cuts clearly stimulated the incredible economic growth and job creation of the 1960s, despite the charges of recent critics. And economic growth only slowed when taxes began rising again toward the end of the decade. | ||
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