William Taft actually said...

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

Message to the House of Representatives Returning Without Approval an Act Reducing the Duties on Cotton Manufactures,...

08/21/1911

More William Taft Quotes

The tax on net income is preferable to one proportionate to a percentage of the gross receipts, because it is a tax upon success and not fai...

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.

If the court should maintain its former view, no tax would be collected at all.

This course is much to be preferred to the one proposed of enacting a law once judicially declared to be unconstitutional.