Robert H. Jackson, Counsel for the Bureau of Internal Revenue, New Deal, Franklin D. Roosevelt, Revenue Act of 1935, "Soak the Rich Tax"

Internal Revenue Counsel Talks on Taxes

Washington, D.C.,  - The Senate Finance Committee today (August 6) took up the Roosevelt Tax-on-Wealth Program, and heard from Robert H. Jackson (pictured before committee), Counsel for the Bureau of Internal Revenue.

Mr. Jackson defended proposed higher levies on estates and inheritances, and denounced the validity of the old adage that great wealth is dissipated in three generations. He declared also that the tax system, as of 1930 to 1935 was unsound, and averred that the pending tax program was a move in the direction of reversing the tendency of recent years to place increasing tax burdens on the poorer classes.