Nov 11, 2008 15:05
Are you a business man, or do you own stock in a business corporation? Well, 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 Roosevelt, April 28, 1942
I suppose today's Republicans would say FDR was a socialist. Just remember, as Al Franken said, he beat the Depression and the Nazis. From a wheelchair. I'm pretty sure he could kick your ass too.
*Adjusted for inflation is $335,556.75
politics...kinda