Richard Nixon actually said...

We believe that the tax exemption privilege is an inefficient and wasteful means of providing financial assistance and wherever possible have proposed the substitution of taxable financing for tax-exempt financing.

Context

Statement on Signing a Bill Permitting Tribe Members To Develop the Hopi Industrial Park.

05/21/1970

https://www.presidency.ucsb.edu...

More Richard Nixon Quotes

Communications between Earth and the Moon, while certainly the most dramatic use, is only one of many ways in which satellite communications...
2/25/1970
We concluded that fewer manned expeditions to the moon were needed, and production of additional Saturn V launch vehicles and spacecraft has...
2/25/1970
There are 180.
2/25/1970
If we are to win the battle against the rising cost of living, we have to squeeze out of the budget all nonessential Federal spending.
2/25/1970

View All Richard Nixon Quotes