FDR: “Taxation is the only practical way of preventing the incomes and…”

On the record

Taxation is the only practical way of preventing the incomes and profits of individuals and corporations from getting too high.

Said by

Democratic · New York

Source

Roosevelt emphasizes the role of taxation in controlling income inequality.

More from FDR

Mar 25, 1945

We all know that the reduction of Government-created barriers to trade will not solve all our trade problems.

Apr 2, 1945

The Federal Loan Administrator and the War Food Administrator are hereby designated as additional members of the Economic Stabilization Board.

Apr 9, 1945

All Federal agencies are directed to cooperate with the Secretary of the Interior to the fullest extent possible.

Mar 25, 1945

Trade is fundamental to the prosperity of Nations, as it is of individuals.

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FDR: “Taxation is the only practical way of preventing the incomes and profits of individuals and corporations from getting…”