Robert F. Kennedy Jr.’s exit from the Democratic Party (or was he booted out?) is only the latest sign that there are no more JFK Democrats left.
Democratic President John F. Kennedy was a staunch anti-communist who fought against union and government corruption. He was laser-focused on faster growth (“we can do bettah”) and saw sweeping tax rate reductions as a step toward achieving 4 to 5% growth.
In 1962 he famously declared: “It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now.”
Sadly, today you could count on one hand the number of Democrats in Washington who believe that. JFK called for a reduction in income tax and capital gains taxes. Kamala Harris wants to raise every one of these rates – including doubling capital gains taxes.
When Unleash Prosperity hosted a dinner earlier this year with RFK, Jr., we asked him about tax policy. He replied: “I learned from my uncle that cutting taxes increases prosperity.” Kamala never learned that lesson.
She should educate herself by reading Larry Kudlow And Brian Domitrovic’s wonderful book “JFK and the Reagan Revolution.”