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  • 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.

    Roosevelt, Franklin D. (1950). “Public Papers of the Presidents of the United States: F.D. Roosevelt, 1942, Volume 11”, p.232, Best Books on
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