There is no justification for tax reduction so long as price stability at sound levels has not been secured and business, employment, and national income continue at peak levels.
Harry Truman: “There is no justification for tax reduction so long as price stability at sound levels has not been secured and…”
On the recordJuly 17, 1947
Source
presidency.ucsb.eduEditor's note · Context
Veto of Second Bill To Reduce Income Taxes.
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