Taxation would not then fall unduly on the man of moderate means; and while none would be entirely exempt from assessment, all, in proportion to their pecuniary abilities, would contribute toward the support of the State.
He argues for a fair taxation system where individuals contribute according to their financial capabilities.
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For these objections, and many others that might be presented, I cannot approve this bill, and therefore return it for the action of Congress required in such cases by the Federal Constitution.
I transmit to the House of Representatives, in answer to a resolution of the 9th instant, the accompanying report from the Secretary of State.
I transmit herewith a report from the Secretary of the Interior, made in reply to the resolution adopted by the House of Representatives on the 13th instant.
I transmit to the Senate, in further answer to their resolution of the 14th of April last, the accompanying report from the Secretary of State.
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