In those countries where income taxes are lower than in the United States, the ability to defer the payment of U.S. tax by retaining income in the subsidiary companies provides a tax advantage for companies operating through overseas subsidiaries that is not available to companies operating solely in the United States. Many American investors properly made use of this deferral in the conduct of their foreign investment.
John F. KennedyPeaceful circulation has been interupted by barbed wire and concrete blocks. For a city or a people to be truly free, they must have the secure right, without economic, political or police pressure, to make their own choices and live their own lives.
John F. KennedyA tired nation, said David Lloyd George, is a Tory nation, and the United States today cannot afford to be either tired or Tory.
John F. KennedyLet us not be blind to our differences-but let us also direct attention to our common interests and to the means by which those differences can be resolved. And if we cannot end our differences, at least we can help make the world safe for diversity. For, in the final analysis, our most common link is that we all inhabit this small planet. We all breathe the same air. We all cherish our children's future. And we are all mortal.
John F. KennedyIn the years since man unlocked the power stored up within the atom, the world has made progress, halting, but effective, toward bringing that power under human control. The challenge may be our salvation. As we begin to master the destructive potentialities of modern science, we move toward a new era in which science can fulfill its creative promise and help bring into existence the happiest society the world has ever known.
John F. Kennedy