Yes - if the economy improves.
http://www.forbes.com/2009/05/03/jack-kemp-reagan-republican-gop-opinions-columnists-obituary.html
Of even greater political relevance was John F. Kennedy's big tax cut, which was rammed through Congress by Lyndon Johnson after his death. This legislation had reduced the top rate to 70% from 91% and the bottom rate to 14% from 20%.
Just before I went to work for Kemp, he had asked the Congressional Research Service what the revenue effect of Kennedy's tax cut had been. The CRS data showed that, despite the tax cut, federal revenues increased.
. . . .
Mad Poet Strikes Again.
| 
