Political Quotes

FDR: The third is to raise the purchasing power of the Nation to the point that the taxes on this purchasing power--or, in…

On the record
The third is to raise the purchasing power of the Nation to the point that the taxes on this purchasing power--or, in other words, on the Nation's income--will be sufficient to meet the necessary expenditures of the national government.
Said by
FDR
Democratic · New York

Editor's note · Context

Roosevelt outlines the importance of raising the nation's purchasing power to ensure sufficient tax revenue for government expenditures.

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