A heavily progressive inheritance tax on all such fortunes (heaviest on absentees) has the good qualities of an income tax, without its drawbacks; it is far more beneficial to the community at large, and far less burdensome to private individuals, as well as far more easily collected.
Roosevelt believes a progressive inheritance tax is more beneficial for society than an income tax.
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More from Teddy Roosevelt
A broken promise is bad enough in private life. It is worse in the field of politics.
I absolutely agree with you that this matter is not one to be decided with any reference to the personal preferences or interests of any man, but purely from the standpoint of the interests of the people as a whole.
The good citizen will demand liberty for himself, and as a matter of pride, he will see to it that others receive the liberty which he thus claims as his own.
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.
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