“The ‘rich’ people may howl and growl and moan at having to foot the bills for everything, but there’s no remedy for it… The reason is this: our parade of poor states totals 38, while the rich states number only ten. The figures show that these rich states, which have only one-third the population, have to pay two-thirds of the taxes. The 10 richest states have only 20 Senators in the Senate, while the 38 poor states have 76. The rich are decidedly in the minority and there is no way for them to change the set-up.”
Two months earlier FDR and his “Brain Trust” announced to the nation that they were soon to begin taxing “the rich” for 75% of their income; click here to read about that…
Read about the Great Depression and the U.S. auto industry…
CLICK HERE to read additional primary source articles about the Great Depression…
We believe this “Tax Poem” is of British origin:
