Franklin Delano Roosevelt
Appearances
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Why is it so hard to tax billionaires? (Part 1)
Well, your profits are going to be cut down. to a reasonably low level by taxation. Your income will be subject to higher taxes.
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Why is it so hard to tax billionaires? (Part 1)
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.