On tax cuts, Trump is the modern day JFK

Some argue that the Trump tax cut will increase the deficit, but they should listen to the wisdom of JFK in 1962, when he, too, was battling a large deficit. President Kennedy declared at the New York Economic Club that “it is a paradoxical truth that tax rates are too high today and tax revenues are too low — and the soundest way to raise revenues in the long run is to cut rates now.”

JFK knew that America’s biggest problem was not the budget deficit but a growth deficit. And based on Donald Trump’s proposed tax cuts, he seems to share JFK’s wisdom.