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.
Franklin D. RooseveltCourage is not the absence of fear, but rather the assessment that something else is more important than fear.
Franklin D. RooseveltIt was natural and perhaps human that the privileged princes of these new economic dynasties, thirsting for power, reached out for control over government itself. They created a new despotism and wrapped it in the robes of legal sanction. ...And as a result the average man once more confronts the problem that faced the Minute Man.
Franklin D. RooseveltI'm not the smartest fellow in the world, but I can sure pick smart colleagues.
Franklin D. RooseveltHere is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.
Franklin D. RooseveltFor out of this modern civilization economic royalists carved new dynasties. New kingdoms were built upon concentration of control over material things. Through new uses of corporations, banks and securities, new machinery of industry and agriculture, of labor and capital - all undreamed of by the Fathers - the whole structure of modern life was impressed into this royal service.
Franklin D. Roosevelt