On the record
But it is intended that property which derives its value from the grant of a privilege by the public, shall be taxed proportionately to the value of the privilege granted.
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gutenberg.orgTeddy Roosevelt: “But it is intended that property which derives its value from the grant of a privilege by the public, shall be taxed…”
Editor's note · Context
Roosevelt emphasizes that property benefiting from public privileges should be taxed in proportion to that value.
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