Presidential addresses and state papers, Volume 2 (of 7)Roosevelt, Theodore
History
Presidential addresses and state papers, Volume 2 (of 7)
Roosevelt, Theodore
Roosevelt, Theodore, 1858-1919; United States -- Politics and government -- 1901-1909
On certain points the failure of the tax laws has become so evident
that it is possible to provide more or less complete remedies without
waiting for a general scheme of reorganization. Again and again
in recent years this has been recognized, and through legislative
enactment certain species of property which had escaped taxation
have been made to pay their proper share of the public burdens. The
collateral inheritance tax offers a case in point. The corporation
tax offers another. In all these matters of taxation, however, it is
necessary to proceed with extreme caution, the path never being so
simple and clear as the advocates of any particular measure invariably
believe. Every wealthy corporation that perpetrates or is allowed to
perpetrate a wrong helps to produce or inflame a condition of angry
excitement against all corporations, which in its turn may in the end
harm alike the honest and the dishonest agents of public service and
thereby do far-reaching damage to the whole body politic. Much of the
outcry against wealth, against the men who acquire wealth, and against
the means by which it is acquired, is blind, unreasoning and unjust;
but in too many cases it has a basis in real abuses; and we must
remember that every act of misconduct which affords any justification
for this clamor is not only bad because of the wrong done but also
because the justification thus given inevitably strengthens movements
which are in reality profoundly anti-social and anti-civic. Our laws
should be so drawn as to protect and encourage corporations which do
their honest duty by the public; and to discriminate sharply against
those organized in a spirit of mere greed, or for improper speculative
purposes.
There is plenty of misconduct, plenty of selfish disregard of the
rights of others, and especially of the weak. There is also plenty of
honorable and disinterested effort to prevent such misconduct or to
minimize its effects. Any rational attempt to prevent or counteract
the evils, by legislation or otherwise, is deserving of hearty
support; but it can not be too deeply impressed upon us that such
attempts can result in permanent good only in proportion as they are
made in a sane and wholesome spirit, as far removed as possible from
whatever is hysterical or revolutionary. It is infinitely better when
needed social and civic changes can be brought about as the result
of natural and healthy growth than when they come with the violent
dislocation and widespread wreck and damage inevitably attendant upon
any movement which is revolutionary in its nature.
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