If the economy of today were operating close to capacity levels with little unemployment, or if a sudden change in our military requirements should cause a scramble for men and resources, then I would oppose tax reductions as irresponsible and inflationary; and I would not hesitate to recommend a tax increase if that were necessary.
John F. KennedyOur economy today depends upon women in the labor force. One out of three workers is a woman. Today, there are almost 25 million women employed, and their number is rising faster than the number of men in the labor force.
John F. KennedyWe also need the provisions in the tax bill that will permit working mothers to increase the deduction from income tax liability for costs incurred in providing care for their children while the mothers are working. In October the Commission on the Status of Women will report to me. This problem should have a high priority, and I think that whatever we leave undone this year we must move on this in January.
John F. Kennedy