Teddy Roosevelt: “A heavy progressive tax upon a very large fortune is in no way such a…”

On the record

A heavy progressive tax upon a very large fortune is in no way such a tax upon thrift or industry as a like would be on a small fortune.

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Republican · New York

Source

Roosevelt argues that a progressive tax on large fortunes does not penalize hard work or thrift.

More from Teddy Roosevelt

Oct 13, 1912

I am all right and you cannot escape listening to the speech either.

Oct 13, 1912

I am not sick at all. I am all right.

Nov 4, 1912

I congratulate you thereon.

Nov 4, 1912

Like all other good citizens, I accept the result with entire good humor and contentment.

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Teddy Roosevelt: “A heavy progressive tax upon a very large fortune is in no way such a tax upon thrift or industry as a like would be on…”