Changes

FDR, in a letter to journalist Roy W. Howard, wrote,  

FDR, in a letter to journalist Roy W. Howard, wrote,  

:"What is known as consumer taxes, namely the invisible taxes paid by people in every walk of life, fall relatively much more heavily upon the poor man than on the rich man." <ref>Franklin D. Roosevelt, letter to Roy W. Howard, September 2, 1935. </ref>

:"whis is bogus

 

[[Robert H. Jackson]], then serving as [[Internal Revenue Service]] General Counsel, observed in Congressional testimony that prior to FDR’s election, "we find those taxes bearing most heavily on the well-to-do contributed 68% per cent of the government's total internal revenue and customs receipts, while miscellaneous taxes and customs receipts, bearing most heavily upon the consumer contributed only 31.8%”  By 1935 the situation was reversed with “taxes based on ability to pay contributed 38.7% . . . there has been an increase in the proportion of revenues contributed by taxes on consumption to 61.3%."<ref>Testimony of Robert Jackson, Assistant General Counsel, Treasury Department, Committee on Finance, U . S. Senate, August 6, 1985.</ref>

[[Robert H. Jackson]], then serving as [[Internal Revenue Service]] General Counsel, observed in Congressional testimony that prior to FDR’s election, "we find those taxes bearing most heavily on the well-to-do contributed 68% per cent of the government's total internal revenue and customs receipts, while miscellaneous taxes and customs receipts, bearing most heavily upon the consumer contributed only 31.8%”  By 1935 the situation was reversed with “taxes based on ability to pay contributed 38.7% . . . there has been an increase in the proportion of revenues contributed by taxes on consumption to 61.3%."<ref>Testimony of Robert Jackson, Assistant General Counsel, Treasury Department, Committee on Finance, U . S. Senate, August 6, 1985.</ref>