The existing system not only permits a large amount of the wealth of the Notion to escape its just burden but acts as a continual stimulant to municipal extravagance.
Calvin Coolidge: “The existing system not only permits a large amount of the wealth of the Notion to escape its just burden but acts as a…”
Editor's note · Context
Coolidge critiques the existing tax system for allowing wealth to evade its fair share, which encourages municipal overspending.
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