The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital from static to more dynamic situations, the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth of the economy.
John F. KennedyThe voters selected us, in short, because they had confidence in our judgement and our ability to exercise that judgement from a position where we could determine what were their own best interest, as a part of the nation's interest.
John F. Kennedy