| Gustavus Myers - 1910 - 740 pages
...President Franklin D. Roosevelt, in a message to Congress, on June 19, 1935, declare the principle: "The transmission from generation to generation of...the ideals and sentiments of the American people. Great accumulations of wealth cannot be justified on the basis of personal or family security. Such... | |
| United States. Congress. House. Committee on Ways and Means - 1935 - 364 pages
...ownership of such wealth or riches represents a great public interest and a great ability to pay. I My first proposal, in line with this broad policy,...vast fortunes by will, inheritance, or gift is not inconsistent with the ideals and sentiments of the American people. The desire to provide security... | |
| United States. Congress. House. Committee on Ways and Means - 1935 - 348 pages
...ownership of such wealth or riches represents a great public interest and a great ability to pay. I My first proposal, in line with this broad policy,...vast fortunes by will, inheritance, or gift is not inconsistent with the ideals and sentiments of the American people. The desire to provide security... | |
| United States. Congress. Senate. Committee on Finance - 1941 - 1622 pages
...his will, before incurring any taxes whatever. We agree with President Roosevelt's statement that — The transmission from generation to generation of...inheritance, or gift is not consistent with the ideals of the American people. We believe, with Mr. Eccles, that a total of $40,000 should be the maximum... | |
| United States. U.S. Congress. Senate. Committee on finance - 1941 - 1614 pages
...his will, before incurring any taxes whatever. We agree with President Roosevelt's statement that — The transmission from generation to generation of...inheritance, or gift is not consistent with the ideals of the American people. We believe, with Mr. Eccles, that a total of $40.000 should be the maximum... | |
| United States. Congress. Joint Economic Committee - 1955 - 962 pages
...eliminated. Conference Report 13S5, "3d Pony, 2d sess.. CB 1939-1. pt. 2, p. 035. "1934 net. sec. 40H (a). transmission from generation to generation of vast...one's self and one's family is natural and wholesome," he declared, "but it is adequately served by a reasonable inheritance. Great accumulations of wealth... | |
| United States. Congress. House. Committee on Ways and Means - 1973 - 308 pages
...Internal Revenue (1971) T;ihle o. 1 at pp. 100-101. » "• ' • The transmission from (feneration to generation of vast fortunes by will. Inheritance...one's self and one's family Is natural and wholesome hut it is adequately served by a reasonable inheritance. Great accumrjJatton of wealth cannot be justified... | |
| United States. Congress. House. Committee on Ways and Means - 1973 - 562 pages
...President Roosevelt when he discussed legislation for greater taxation of estates. The President said : "The desire to provide security for one's self and...served by a reasonable inheritance. Great accumulations cannot be justified on the basis of personal and family security. In the last analysis such accumulations... | |
| United States. Congress. Senate. Committee on Finance - 1976 - 290 pages
...reflected these views in forcefully advocating a strengthened and improved transfer tax structure: "The desire to provide security for one's self and...served by a reasonable inheritance. Great accumulations cannot be justified on the basis of personal and family security. In the last analysis, such accumulations... | |
| United States. Congress. Senate. Committee on Finance - 1976 - 1492 pages
...reflected these views in forcefully advocating a strengthened and improved transfer tax structure: "The desire to provide security for one's self and...served by a reasonable inheritance. Great accumulations cannot be justified on the basis of personal and family security. In the last analysis, such accumulations... | |
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