Expansion and modernization of the nation's productive plant is essential to accelerate economic growth and to improve the international competitive position of American industry An early stimulus to business investment will promote recovery and increase employment.
John F. KennedyThe present tax codes inhibit the mobility and formation of capital, add complexities and inequities which undermine the morale of the taxpayer, and make tax avoidance rather than market factors a prime consideration in too many economic decisions.
John F. Kennedy