EVASION OF INCOME TAX
J. P. MORGAN v. ROOSEVELT
NEW YORK, June 8
Mr. J. Pierpont Morgan, the American banker, on returning here from Europe, broke the rule he has hitherto observed against giving interviews, and commented on recent intimations by President Roosevelt that men with large incomes committed a moral wrong by the avoidance of their income taxes.
Mr. Morgan, who did not pay income tax for 1930-32, said that income tax evasion was not a moral hut a legal question. “Anyone has the right to do anything the law does not say is wrong,” he declared. “I object strenuously _to the treatment of income tax evasion as a moral question. You do only what you are compelled to do by the law It is no pleasure to nay taxes. It is just as bad to pay too much as too little. If Congress makes stupid mistakes in making evasions possible, it. is up to Congress, and not the taxpayers, to remedy them.”
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Greymouth Evening Star, 23 June 1937, Page 7
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164EVASION OF INCOME TAX Greymouth Evening Star, 23 June 1937, Page 7
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