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The Joint Legislative Committee, established by the Revenue Act of 1926, has been particularly helpful to the Treasury Department. The members of tha… - Franklin Delano Roosevelt
" "The Joint Legislative Committee, established by the Revenue Act of 1926, has been particularly helpful to the Treasury Department. The members of that Committee have generously consulted with administrative officials, not only on broad questions of policy but on important and difficult tax cases. On the basis of these studies and of other studies conducted by officials of the Treasury, I am able to make a number of suggestions of important changes in our policy of taxation. These are based on the broad principle that if a government is to be prudent its taxes must produce ample revenues without discouraging enterprise; and if it is to be just it must distribute the burden of taxes equitably. I do not believe that our present system of taxation completely meets this test. Our revenue laws have operated in many ways to the unfair advantage of the few, and they have done little to prevent an unjust concentration of wealth and economic power.
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About Franklin Delano Roosevelt
Franklin Delano Roosevelt (30 January 1882 – 12 April 1945), often referred to by his initials FDR, was an American statesman and political leader who served as the president of the United States, from 1933, to 1945. A Democrat, he won a record four presidential elections and dominated his party for many years as a central figure in world events during the mid-20th century, leading the United States during a time of worldwide economic depression and total war. His program for relief, recovery and reform, known as the New Deal, involved a great expansion of the role of the federal government in the economy.
Biography information from Wikiquote
Also Known As
Native Name:
Franklin D. Roosevelt
Alternative Names:
FDR
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Franklin Roosevelt
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Roosevelt
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President Roosevelt
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F. D. Roosevelt
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F. D. R.
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F.D.R.
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Additional quotes by Franklin Delano Roosevelt
From the end of the World War twenty-one years ago, this country, like many others, went through a phase of having large groups of people carried away by some emotion — some alluring, attractive, even speciously inspiring, public presentation of a nostrum, a cure-all. Many Americans lost their heads because several plausible fellows lost theirs in expounding schemes to end barbarity, to give weekly handouts to people, to give everybody a better job — or, more modestly, for example, to put a chicken or two in every pot — all by adoption of some new financial plan or some new social system. And all of them burst like bubbles.
Some proponents of nostrums were honest and sincere, others — too many of them — were seekers of personal power; still others saw a chance to get rich on the dimes and quarters of the poorer people in our population. All of them, perhaps unconsciously, were capitalizing on the fact that the democratic form of Government works slowly. There always exists in a democratic society a large group which, quite naturally, champs at the bit over the slowness of democracy; and that is why it is right for us who believe in democracy to keep the democratic processes progressive — in other words, moving forward with the advances in civilization. That is why it is dangerous for democracy to stop moving forward because any period of stagnation increases the numbers of those who demand action and action now.
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