Quote by John F. Kennedy
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.
Summary
This quote highlights the significant impact that the tax on capital gains has on various aspects of the economy. It emphasizes how this tax directly influences investment decisions, as well as the movement and accessibility of risk capital. Moreover, it emphasizes the role of this tax in determining the ease or difficulty for new ventures to secure capital, which in turn affects the overall strength and growth potential of the economy. Overall, the quote underscores the crucial role that the tax on capital gains plays in shaping economic dynamics.