Why did democrats hate JFK when he cut Taxes?

Answer 1

Because Dems are inherently greedy... They consider tax money as being THEIR money and not ours.

Answer 2

For the most part, Democrats approve of socialistic policies and a larger government. JFK was the Democratic nominee and thus expected to act as the Democrats willed. By cutting taxes, even if only a little, JFK minimized both the possible size of the government and the number and power of federal organizations, such as IRS, Social Security, etc. Basically, he hindered the Democratic ideal by decreasing the government's intake.

Answer 3

Being a Democrat used to mean something entirely different then it does today. I believe they used to be about helping the working man. Now they are hysterical, socialists who believe the US is responsible for all of the worlds ills.

In JFK's day a Democrat could cut taxes without committing blasphemy.

Answer 4

Actually JFK just proposed cutting tax's.

They killed him before he could cut them.

But Johnson did pass kennedy's tax cuts the following year, the largest tax cut for the rich in American history.

Answer 5

I didn't know they did, but Neocons like to use it. You can go on you tube and watch his speech.

Here is what someone wrote that I thought explained the cuts pretty well!

And bear in mind that Bush-style tax cuts now have a track record. Of the 2.1 million jobs lost over the past two years, 1.7 million vanished after the passage of the 2001 tax cut.”
Paul Krugman
The NY Times
The Republican right-wing loves to invoke the name of President John F. Kennedy when it comes to taxes.

So, it’s high time for a little education for our far right friends, because passing the J.F.K. tax cut torch to W. Republicans is tantamount to political heresy.

Most moderate and progressive Democrats are proud to say that J.F.K. cut taxes. But it's important to remember that he did so in very specific ways tied to a policy that strove to “alleviate the deficit in our international balance of payments... ease our balance of payments deficit... and reduce substantially our balance of payments deficit.”

John F. Kennedy despised deficit spending.

In English, deficit spending is what a family does when they decide to build a big, brand new house knowing they don’t make enough income to pay the mortgage, but have credit cards to use to disregard their fiscal realities.

This year W. will employ deficit spending to the tune of around $500 Billion (with a capital “B”).

Currently, there is a financial fiasco brewing in Washington, which is going to be made worse by the use of “sunset clauses,” which actually make the tax cuts permanent and much bigger than Bush & Co. are letting on.

This is how it works: You’re given a big, whopping tax cut that “expires” in 2010, but when that time comes the right-wing then accuses the fiscal conservatives, including Democrats, of “raising taxes” because we want to let the legacy of W.'s uneven tax breaks expire.

It’s dialectic dodge ball of the first order.

There is another reason the right-wing Republicans are co-opting J.F.K.'s tax cut message. Because the average American cannot begin to understand the complexities of the U.S. tax code, so they hear that John F. Kennedy cut taxes and immediately think, well, if he did it then it’s okay.

When I hear the likes of Sean Hannity, the monetary mouthpiece of W.’s tax windfall for the rich, preach ad nauseam that “J.F.K. cut taxes... let me educate you...” it’s hard not to want to throw a bottle of beer at the boob tube.

What Mr. Hannity doesn’t say, because he’s obviously never read a word J.F.K. ever wrote or a speech he ever gave about tax policy, is that when President Kennedy cut taxes the highest rates were at around 90%, which he cut to 70%.


"In the mid-1960s, the top British tax rate was 91.5% on incomes above 115,000 pounds. This was only slightly below the 95% top rate during World War II. By contrast, the top U.S. rate was just 70% at that time, thanks to the Kennedy tax cut."
Bruce Bartlett

Answer 6

JFK believed also that more money in the consumers pockets would bring in more revenue to the Government. He said " A rising tide floats all boats".

Answer 7

Becuase they were afraid they'd get less welfare.