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Tax Reduction Is Essential to Boost U S Economy Experts Say
Washington experts argue that Kennedy’s 11 billion tax cut, if enacted soon, could lift 1964 output by over 5 percent to a near 620 billion level. Delays risk a downturn in late 1964, while boosts from tax relief would sustain momentum across manufacturing, housing, and consumer demand amid volatile stock markets and inflationary pressures.
MENTIONED IN THIS ARTICLE
U.S
Kennedy
Congress
Walter W. Hely
Ler
York Exchange
Auto Indus
Johnsonstry
Heller
John F. Kennedy
Amer J
Rota
The
Treasury
Douglas Dillon
Washington
Agriculture Department
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