Here’s today's labor history:
On this date in 1935, President Franklin Roosevelt's Wealth Tax Act increased taxes on rich citizens and big business, lowering taxes for small businesses.
Today’s labor quote is by Franklin Roosevelt, who said
"Great accumulations of wealth cannot be justified on the basis of personal and family security. In the last analysis such accumulations amount to the perpetuation of great and undesirable concentration of control in a relatively few individuals over the employment and welfare of many, many others."
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