'Kennedy' once meant 'tax-cutter' :: Jeff Jacoby

'Kennedy' once meant 'tax-cutter' :: Jeff Jacoby: "HIS NAME WAS KENNEDY. He was the preeminent figure in the Democratic Party. And he was a resolute supply-side tax-cutter.

'It is a paradoxical truth,' he once told the Economic Club of New York, 'that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.' What he had in mind, he said, was not 'a 'quickie' or a temporary tax cut.' He wanted nothing less than 'an across-the-board, top-to-bottom cut in personal and corporate income taxes.'

Those were not the words of Senator Edward Kennedy. The speaker – in December 1962 -- was President John F. Kennedy, and his ringing call for tax cuts was no anomaly. "