
(Note: After JFK cut taxes across the board, the inflation-adjusted economy expanded by more than 42 percent over the next seven years. The icing on the cake? During that same period, federal revenues climbed from $94 billion in 1961 to $153 billion in 1968, an increase of 62 percent (33 percent after adjusting for inflation). History is clear - tax cuts do not result in revenue cuts. As we discovered in 1961, 1981, 1997 and 2003, cutting taxes actually increases revenues. Today's tax-loving Dems might want to take a page out of JFK's playbook...)