Political Quotes

On the recordJune 15, 1909
If the court should maintain its former view, no tax would be collected at all.
Said by
Bill Taft
Republican · Ohio

Editor's note · Context

Message to the Congress Concerning Tax on Net Income of Corporations

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More from Bill Taft

Aug 17, 1911

This would impose a heavy burden on the administrative branch of the Government, create disastrous uncertainty in commercial circles, and lead to a burdensome amount of litigation.

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Aug 17, 1911

This imposes a penalty on the domestic labor of cutting and would transfer half the process in the industry of shoemaking and glove making to foreign countries.

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Aug 17, 1911

The truth is that the language of the act is so ambiguous and possibly all-embracing that it is impracticable for the Treasury Department to give an exact estimate as to the diminution in revenue which will follow its passage.

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Aug 21, 1911

The empirical and haphazard character of this bill is shown more clearly perhaps in the amendment to Schedule A than in any other.

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