If a franchise is worth very little, it should be taxed very little; but where the franchise is of great value, it certainly should be heavily taxed; and the value is of course based upon the use of the city’s or State’s real estate.
Roosevelt argues that the taxation of franchises should reflect their actual value to the community.
Share
More from Teddy Roosevelt
The fate of the leader for the time being is of little consequence, but the cause itself must in the end triumph, for its triumph is essential to the well-being of the American people.
Like all other good citizens, I accept the result with entire good humor and contentment.
Other voices in this conversation
