There is no escaping the fact that when the taxation of large incomes is excessive, they tend to disappear.
Calvin CoolidgeAmerica has but one main problem -- the character of the men and women it shall produce.
Calvin CoolidgeOur domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.
Calvin Coolidge