Franklin Roosevelt actually said...

By virtue of the authority vested in me by Title I of the First War Powers Act, 1941, approved December 18, 1941, it is hereby ordered as fo...

We do not intend after this war to present the same disastrous situation to those brave men who today are fighting our battles in all parts ...

Profits must be taxed to the utmost limit consistent with continued production.

It is indefensible that those who enjoy large incomes from State and local securities should be immune from taxation while we are at war.