Word: bolstered
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Dates: during 1960-1969
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Probably the best way for the Kennedy Administration to bolster business confidence is to push urgently ahead on complete tax reform. The Administration is already committed to rewrite, so as to give business a better tax break, the depreciation schedules on industrial equipment. It has promised such a revision by July 6. and it can deliver on that vow by executive action, without the approval of Congress. Far more important is overall tax reform, which would plug the loopholes in the present code and lower :he rates on both the personal income tax and the corporation tax. The tax reform...
...discussed the state of the U.S.economy at his press conference last week President Kennedy had the air of a man who hopes for the best-but expects something less. On one hand, he insisted that the recovery "has been a good one." and to bolster his point, cited a list of economic indicators at record levels. Then, in a tacit admission that he was just as disappointed in the economy's lack of zip as most businessmen, the President proceeded to promise that he would ask Congress for "an across-the-board reduction in personal and corporate income...
...mind. Moreover, it can be abused. A few lecturers are unprepared and disorganized. Some, with the power of hypnotic verbalization, manage to hold their audiences through sheer personality rather than because they have anything important to say. And an insecure professor with psychological problems can misuse the lecture to bolster...
...vessels will remain under U.S. admirals, with U.S. crews, but the move should bolster confidence in the U.S. readiness to defend Europe...
Also on the road: anti-Red Strongman General Phoumi Nosavan and his protege, Premier Boun Oum, who had gone to Bangkok seeking economic aid to bolster their challenge to U.S. policy in Laos...