05/05/1947
https://www.presidency.ucsb.edu...
"While the mining industry differs in many respects from other industries, I find no valid basis for the discrimination proposed by H.R. 834."
"Some incomes were disproportionately high."
"It is with these considerations in mind that I transmit to the Congress a brief summary of the economic situation and recommendations for action at this time."
"Under present economic conditions, we cannot immediately correct the tax mistakes of the past or the conditions which led to a lower level of national income and lower Federal revenues."