William Taft actually said...

It imposes a burden at the source of the income at a time when the corporation is well able to pay and when collection is easy.

Message to the Congress Concerning Tax on Net Income of Corporations

06/15/1909

More William Taft Quotes

We are on the eve of a great journey down the Mississippi River, and cursed be he who calls it a junket!

It is a great pleasure to meet the people of St. Louis in this magnificent structure.

Let every project stand on its own bottom.

If you will give me a little quiet and a little time, I will bring that voice back from Texas.