Taxes on capital, taxes on labor, inflation, bureaucratic regulation, minimum wage laws, are all - to different degrees - unnecessary slices of the wedge that stand between an individual's effort and reward for that effort.
Jack Kemp... giving tax incentives for more labor ownership of company stock will do more to create jobs and increase productivity than all the "emergency full employment" bills proposed.
Jack KempThe Soviet Union represents a threat in terms of might. It is a joke in terms of its economy and what it has to offer the Third World - a laughingstock to countries that are looking for an economic-development model.
Jack Kemp