We should put a premium upon thrift, hard work, and business energy; but these qualities cease to be the main factors in accumulating a fortune long before that fortune reaches a point where it would be seriously affected by any inheritance tax such as I propose.
Roosevelt believes that while hard work is important, it becomes less relevant for those with large fortunes regarding inheritance taxes.
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More from Teddy Roosevelt
The man who does nothing cuts the same sordid figure in the pages of history, whether he be cynic, or fop, or voluptuary.
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.
I wish to say that the Progressive Party is making its appeal to all our fellow citizens without any regard to their creed or to their birthplace.
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