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. RooseveltAll of our people all over the country-except the pure-blooded Indians-are immigrants or descendants of immigrants, including even those who came over here on the Mayflower.
Franklin D. Roosevelt