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" "Corporate tax rates must also be cut to increase incentives and the availability of investment capital. The Government has already taken major steps this year to reduce business tax liability and to stimulate the modernization, replacement, and expansion of our productive plant and equipment. [...] For all these reasons, next year's tax bill should reduce personal as well as corporate income taxes, for those in the lower brackets, who are certain to spend their additional take-home pay, and for those in the middle and upper brackets, who can thereby be encouraged to undertake additional efforts and enabled to invest more capital.
John Fitzgerald Kennedy (29 May 1917 – 22 November 1963), often referred to by his initials JFK and Jack, was the 35th president of the United States (1961–1963), a United States senator from Massachusetts (1953–1960), and a United States representative (1947–1953). Kennedy served at the height of the Cold War, and the majority of his work as president concerned relations with the Soviet Union and Cuba. He is the older brother of Robert F. Kennedy and Ted Kennedy, and the first husband of Jacqueline Kennedy Onassis. He was shot in the presence of his wife in Dallas on November 22, 1963.
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Let the word go forth from this time and place, to friend and foe alike, that the torch has been passed to a new generation of Americans — born in this century, tempered by war, disciplined by a hard and bitter peace, proud of our ancient heritage — and unwilling to witness or permit the slow undoing of those human rights to which this Nation has always been committed, and to which we are committed today at home and around the world.
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This State, this city, this campus, have stood long for both human rights and human enlightenment — and let that forever be true. This Nation is now engaged in a continuing debate about the rights of a portion of its citizens. This Nation is now engaged in a continuing debate about the rights of a portion of its citizens. That will go on, and those rights will expand until the standard first forged by the Nation's founders has been reached, and all Americans enjoy equal opportunity and liberty under law. But this Nation was not founded solely on the principle of citizens' rights. Equally important, though too often not discussed, is the citizen's responsibility. For our privileges can be no greater than our obligations. The protection of our rights can endure no longer than the performance of our responsibilities. Each can be neglected only at the peril of the other. I speak to you today, therefore, not of your rights as Americans, but of your responsibilities. They are many in number and different in nature. They do not rest with equal weight upon the shoulders of all. Equality of opportunity does not mean equality of responsibility. All Americans must be responsible citizens, but some must be more responsible than others, by virtue of their public or their private position, their role in the family or community, their prospects for the future, or their legacy from the past. Increased responsibility goes with increased ability, for "of those to whom much is given, much is required."