On the record
The franchise is a necessary and inevitable element of value and is a proper subject of consideration in determining the taxable value of the real property of the corporation enjoying it.
Source
gutenberg.orgThe franchise is a necessary and inevitable element of value and is a proper subject of consideration in determining the taxable value of the real property of the corporation enjoying it.
Roosevelt argues that the franchise is a crucial factor in determining the taxable value of corporate property.
Share
More from Teddy Roosevelt
Let not him who is houseless pull down the house of another, but let him work diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built.
I will accept the nomination for President if it is tendered to me, and I will adhere to this decision until the convention has expressed its preference.