Quote:
Originally Posted by scottw
The tax on capital gains directly affects investment decisions, the mobility and flow of risk capital... the ease or difficulty experienced by new ventures in obtaining capital, and thereby the strength and potential for growth in the economy.
John F. Kennedy
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He had it right there for sure.
He understood Risk and made the right call on standing up to the
Russians in the Cuban Missel Crisis too, as scary as it was at the time.