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.orgBut 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.
Roosevelt emphasizes that property benefiting from public privileges should be taxed in proportion to that value.
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