• We must start now to provide additional stimulus to the modernization of American industrial plants I shall propose to the Congress a new tax incentive for businesses to expand their normal investment in plant and equipment.

    John F. Kennedy: We must start now to provide additional stimulus to the modernization of American industrial plants I shall propose to the Congress a new tax incentive for businesses to expand their normal investment in plant and equipment.
    Kennedy, John F. (1962). “Public Papers of the Presidents of the United States: John F. Kennedy, 1961”, p.88, Best Books on