Tax Equity Quotes
The phrase is carved above the entrance to the IRS Headquarters in Washington DC
As a result of years of lobbying many vested interests were getting tax exemptions for their activities. Some of the richest corporations and people paid little or no taxes. This was like the old European monarchies where the dukes and nobles got tax exemptions from the king and the middle class and poor people paid a much larger percentage of their income and wealth than did the nobility. Fairness in taxation is very difficult in practice. See {633629}
FDR had as usual been attacked by the Chicago Tribune and other conservative newspapers. His assistant Raymond Moley drafted the response.