The Kennedy Tax Cut,enacted in 1964 after his death,was the first supply-side tax cut used in ?U.S.history.Its intent was to stimulate the economy by reducing tax rates in order to do what?

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The Kennedy Tax Cut was intended to stimulate the economy by reducing tax rates in order to increase production, employment, and disposable income. This is a classic supply-side economics approach, with the goal of increasing economic growth by incentivizing investment and entrepreneurship.

The Kennedy Tax Cut,enacted in 1964 After His Death,was the First