JFK understood that tax rates affect growth

Name: Oklahoma Council of Public Affairs
Address: Oklahoma Council Of Public Affairs 1401 N. Lincoln Blvd., Oklahoma City, OK, 73104, US
Telephone: +1 4056021667
Price range: $

February 5, 2011

As OCPA has pointed out before, President John F. Kennedy understood that tax reduction “sets off a process that can bring gains for everyone, gains won by marshaling resources that would otherwise stand idle.” That's why we are urging state legislators and Gov. Mary Fallin to reduce Oklahoma’s personal income tax rate from 5.25 percent to 4.25 percent.