Either by taxing them as realty we shall tax them at their full value, or we shall not; if, as we hold, the former is the case, it would be unjust to tax them for more than their full value, and this would happen were not these existing taxes deducted.
Roosevelt highlights the importance of not overtaxing corporations beyond their actual value.
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More from Teddy Roosevelt
Shame on the man of cultivated taste who permits refinement to develop into a fastidiousness that unfits him for doing the rough work of a workaday world.
France is one of these nations. For her to sink would be a loss to all the world.
I speak of the men of the past partly that they may be honored by our praise of them, but more that they may serve as examples for the future.
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