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. KennedyI hear it said that West Berlin is militarily untenable - and so was Bastogne, and so, in fact, was Stalingrad. Any danger spot is tenable if men - brave men - will make it so.
John F. KennedyMr. Nixon has, in the last seven days, called me an economic ignoramus, a Pied Piper, and all the rest. I've just confined myself to calling him a Republican. But he says that is getting low.
John F. KennedyWhether they be young in spirit, or young in age, the members of the Democratic Party must never lose that youthful zest for new ideas and for a better world, which has made us great.
John F. KennedyFor while this year it may be a Catholic against whom the finger of suspicion is pointed, in other years it has been, and may someday be again, a Jew— or a Quaker or a Unitarian or a Baptist. It was Virginia's harassment of Baptist preachers, for example, that helped lead to Jefferson's statute of religious freedom. Today I may be the victim, but tomorrow it may be you — until the whole fabric of our harmonious society is ripped at a time of great national peril.
John F. Kennedy