Franklin D. Roosevelt Quotes About Taxes
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Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.
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Taxes are paid in the sweat of every man who labors. If those taxes are excessive, they are reflected in idle factories, in tax-sold farms, and in hordes of hungry people, tramping the streets and seeking jobs in vain. Our workers may never see a tax bill, but they pay. They pay in deductions from wages, in increased cost of what they buy, or - as now - in broad unemployment throughout the land.
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Taxes, after all, are dues that we pay for the privileges of membership in an organized society.
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Taxes are paid in the sweat of every man who labors.
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In time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year.
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Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.
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We are going to tax and tax, spend and spend, elect and elect.
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Taxation according to income is the most effective instrument yet devised to obtain just contribution from those best able to bear it and to avoid placing onerous burdens upon the mass of our people.
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Franklin D. Roosevelt
- Born: January 30, 1882
- Died: April 12, 1945
- Occupation: 32nd U.S. President
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