--- title: "Meaning & Key Takeaway of: Your profits are going to be cut down to…" description: "\"Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when ev..." image: "https://sms4smile.com/quotes/i/4bd/franklin-d-roosevelt-488_american-citizen_your-profits-are-going-to-be-cut-down-to_2152142.jpg" --- # Your profits are going to be cut down to a reasonably low… ![“Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year…” quote by Franklin D. Roosevelt](https://sms4smile.com/quotes/i/4bd/franklin-d-roosevelt-488_american-citizen_your-profits-are-going-to-be-cut-down-to_2152142.jpg) [Download](https://sms4smile.com/quotes/i/4bd/franklin-d-roosevelt-488_american-citizen_your-profits-are-going-to-be-cut-down-to_2152142.jpg) [Open image](https://sms4smile.com/quotes/i/4bd/franklin-d-roosevelt-488_american-citizen_your-profits-are-going-to-be-cut-down-to_2152142.jpg) > “Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.” [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Tax policy should limit personal wealth to fund national war effort, keeping individual incomes modest. **In simple terms:** Taxes keep incomes low for war funding. Key Takeaway Accept lower net income for collective good. Themes taxation war effort economic policy citizen responsibility Mood serious patriotic reflective Type political economic When to use this quote - business budgeting - personal finance planning - government budgeting - public debate Key Concepts progressive taxation public finance social contract Questions to Reflect On - Is sacrificing personal wealth justified for national security? - How do tax policies affect morale during wartime? A Different Perspective High taxes may discourage productivity and economic growth. ★ ★ ★ ★ ★ No ratings yet [American citizen](https://sms4smile.com/quotes/about/american-citizen/) [American citizens](https://sms4smile.com/quotes/about/american-citizens/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Effort](https://sms4smile.com/quotes/about/effort/) [Excess](https://sms4smile.com/quotes/about/excess/) [Higher taxes](https://sms4smile.com/quotes/about/higher-taxes/) [Income](https://sms4smile.com/quotes/about/income/) [National debt](https://sms4smile.com/quotes/about/national-debt/) [Payment](https://sms4smile.com/quotes/about/payment/) [Political](https://sms4smile.com/quotes/about/political/) [Profit](https://sms4smile.com/quotes/about/profit/) [Profits](https://sms4smile.com/quotes/about/profits/) [Taxation](https://sms4smile.com/quotes/about/taxation/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [War](https://sms4smile.com/quotes/about/war/) ## Related quotes > [In time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a…](https://sms4smile.com/quotes/franklin-d-roosevelt/in-time-of-this-grave-national-danger-when-all-excess-income-should/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [My problem lies in reconcilingmy gross habits with my net income.](https://sms4smile.com/quotes/anonymous/my-problem-lies-in-reconcilingmy-gross-habits-with-my-net-income/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Our national debt after all is an internal debt owed not only by the Nation but to the Nation. If our children have to…](https://sms4smile.com/quotes/franklin-d-roosevelt/our-national-debt-after-all-is-an-internal-debt-owed-not-only-by-the/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The difference between American parties is actually simple. Democrats are in favor of higher taxes to pay for greater spending, while Republicans are in…](https://sms4smile.com/quotes/p-j-o-rourke/the-difference-between-american-parties-is-actually-simple-democrats/) [P. J. O'Rourke](https://sms4smile.com/quotes/author/p-j-o-rourke/) > [In Britain, polls show large majorities in favour of mansion taxes and higher taxes on the finance sector.](https://sms4smile.com/quotes/geoff-mulgan/in-britain-polls-show-large-majorities-in-favour-of-mansion-taxes-and/) [Geoff Mulgan](https://sms4smile.com/quotes/author/geoff-mulgan/) > [Obama's plan for higher taxes and more spending is a blueprint for perpetual poverty. The last thing America needs is more of the Democrats'…](https://sms4smile.com/quotes/steve-stockman/obama-s-plan-for-higher-taxes-and-more-spending-is-a-blueprint-for/) [Steve Stockman](https://sms4smile.com/quotes/author/steve-stockman/) > [While advocates of legalized gambling say it brings in revenues needed for education and other uses, it actually has led to higher taxes, loss…](https://sms4smile.com/quotes/john-warren-kindt/while-advocates-of-legalized-gambling-say-it-brings-in-revenues/) [John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/) > [The answer to many of the domestic problems we face is not higher taxes and more spending. It is less waste, more results and…](https://sms4smile.com/quotes/richard-m-nixon/the-answer-to-many-of-the-domestic-problems-we-face-is-not-higher/) [Richard M. Nixon](https://sms4smile.com/quotes/author/richard-m-nixon/) > [People ask how I can be a conservative and still want higher taxes. It makes my head spin, and I guess it shows how…](https://sms4smile.com/quotes/ben-stein/people-ask-how-i-can-be-a-conservative-and-still-want-higher-taxes-it/) [Ben Stein](https://sms4smile.com/quotes/author/ben-stein/) > [Irony is higher taxes for celibatarian's, and lower taxes for the child bearing couples who are placing a greater demand on public services.](https://sms4smile.com/quotes/grass-hopper/irony-is-higher-taxes-for-celibatarian-s-and-lower-taxes-for-the/) Grass Hopper > [Nobody wants to pay higher taxes. But do you want your kids to get a good education? You have to pay for that. Do…](https://sms4smile.com/quotes/shelley-berkley/nobody-wants-to-pay-higher-taxes-but-do-you-want-your-kids-to-get-a/) [Shelley Berkley](https://sms4smile.com/quotes/author/shelley-berkley/) > [It is a myth that higher taxes lead to less demand and slower growth. In the first three decades after World War II, US…](https://sms4smile.com/quotes/robert-reich/it-is-a-myth-that-higher-taxes-lead-to-less-demand-and-slower-growth/) [Robert Reich](https://sms4smile.com/quotes/author/robert-reich/) > [To avoid large and unsustainable budget deficits, the nation will ultimately have to choose among higher taxes, modifications to entitlement programs such as Social…](https://sms4smile.com/quotes/ben-bernanke/to-avoid-large-and-unsustainable-budget-deficits-the-nation-will/) [Ben Bernanke](https://sms4smile.com/quotes/author/ben-bernanke/) > [The vast majority of people back higher taxes on the rich. Yet these are fringe ideas within most of the mainstream media, which marginalises…](https://sms4smile.com/quotes/owen-jones/the-vast-majority-of-people-back-higher-taxes-on-the-rich-yet-these/) [Owen Jones](https://sms4smile.com/quotes/author/owen-jones/) > [It's time to acknowledge that more government and higher taxes is not the answer to our problem.](https://sms4smile.com/quotes/dan-coats/it-s-time-to-acknowledge-that-more-government-and-higher-taxes-is-not/) [Dan Coats](https://sms4smile.com/quotes/author/dan-coats/) ## More by Franklin D. Roosevelt > [In a democratic nation, power must be linked with responsibility, and obliged to defend and justify itself within the framework of the general good.](https://sms4smile.com/quotes/franklin-d-roosevelt/in-a-democratic-nation-power-must-be-linked-with-responsibility-and/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Inquisitiveness is the most useful talent.](https://sms4smile.com/quotes/franklin-d-roosevelt/inquisitiveness-is-the-most-useful-talent/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > ['Peace on earth, good will toward men' - democracy must cling to that message. For it is my deep conviction that democracy cannot live…](https://sms4smile.com/quotes/franklin-d-roosevelt/peace-on-earth-good-will-toward-men-democracy-must-cling-to-that/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [I have seen war ... I hate war.](https://sms4smile.com/quotes/franklin-d-roosevelt/i-have-seen-war-i-hate-war/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [I have seen war. I have seen war on land and sea. I have seen blood running from the wounded. I have seen men…](https://sms4smile.com/quotes/franklin-d-roosevelt/i-have-seen-war-i-have-seen-war-on-land-and-sea-i-have-seen-blood/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [All of our people all over the country-except the pure-blooded Indians-are immigrants or descendants of immigrants, including even those who came over here on…](https://sms4smile.com/quotes/franklin-d-roosevelt/all-of-our-people-all-over-the-country-except-the-pure-blooded/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [They have given their sons to the military services. They have stoked the furnaces and hurried the factory wheels. They have made the planes…](https://sms4smile.com/quotes/franklin-d-roosevelt/they-have-given-their-sons-to-the-military-services-they-have-stoked/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [On the European Front the most important development of the past year has been the crushing offensive of the Great Armies of Russia...](https://sms4smile.com/quotes/franklin-d-roosevelt/on-the-european-front-the-most-important-development-of-the-past-year/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The core of our defense is the faith we have in the institutions we defend.](https://sms4smile.com/quotes/franklin-d-roosevelt/the-core-of-our-defense-is-the-faith-we-have-in-the-institutions-we/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [War is a contagion.](https://sms4smile.com/quotes/franklin-d-roosevelt/war-is-a-contagion/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Labor Day symbolizes our determination to achieve an economic freedom for the average man which will give his political freedom realty.](https://sms4smile.com/quotes/franklin-d-roosevelt/labor-day-symbolizes-our-determination-to-achieve-an-economic-freedom/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Too often in recent history liberal governments have been wrecked on rocks of loose fiscal policy.](https://sms4smile.com/quotes/franklin-d-roosevelt/too-often-in-recent-history-liberal-governments-have-been-wrecked-on/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The frontier of America is on the Rhine.](https://sms4smile.com/quotes/franklin-d-roosevelt/the-frontier-of-america-is-on-the-rhine/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [Repetition does not transform a lie into a truth.](https://sms4smile.com/quotes/franklin-d-roosevelt/repetition-does-not-transform-a-lie-into-a-truth/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) > [The future lies with those wise political leaders who realize that the great public is interested more in Government than in politics. The growing…](https://sms4smile.com/quotes/franklin-d-roosevelt/the-future-lies-with-those-wise-political-leaders-who-realize-that/) [Franklin D. Roosevelt](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) [Explore all 521 Franklin D. Roosevelt quotes ](https://sms4smile.com/quotes/author/franklin-d-roosevelt/) ## More American citizen quotes > [The sheer evil of antisemitism, left unchecked, has evolved and grown into an ever more virulent hatred, one that no American citizen should ever…](https://sms4smile.com/quotes/katie-britt/the-sheer-evil-of-antisemitism-left-unchecked-has-evolved-and-grown/) [Katie Britt](https://sms4smile.com/quotes/author/katie-britt/) > [Once you step foot on the Supreme Court steps, you lose your first-amendment rights. I don't see how, as an American citizen, you can't…](https://sms4smile.com/quotes/raheem-devaughn/once-you-step-foot-on-the-supreme-court-steps-you-lose-your-first/) [Raheem DeVaughn](https://sms4smile.com/quotes/author/raheem-devaughn/) > [The typical American citizen is the business man. The typical business man is a bad citizen; he is busy. If he is a 'big…](https://sms4smile.com/quotes/lincoln-steffens/the-typical-american-citizen-is-the-business-man-the-typical-business/) [Lincoln Steffens](https://sms4smile.com/quotes/author/lincoln-steffens/) > [1920 was an auspicious year for a young person to enter the world as an American citizen.](https://sms4smile.com/quotes/tom-brokaw/1920-was-an-auspicious-year-for-a-young-person-to-enter-the-world-as/) [Tom Brokaw](https://sms4smile.com/quotes/author/tom-brokaw/) > [I am an Iranian by birth and of my Islamic faith. I am also an American Citizen and I seek to help change America…](https://sms4smile.com/quotes/valerie-jarrett/i-am-an-iranian-by-birth-and-of-my-islamic-faith-i-am-also-an/) [Valerie Jarrett](https://sms4smile.com/quotes/author/valerie-jarrett/) > [As long as my record stands in federal court, any American citizen can be held in prison or concentration camps without trial or hearing.…](https://sms4smile.com/quotes/fred-korematsu/as-long-as-my-record-stands-in-federal-court-any-american-citizen-can/) [Fred Korematsu](https://sms4smile.com/quotes/author/fred-korematsu/) > [It was a really big deal to become an American citizen the right way. You have to work really hard, and it is such…](https://sms4smile.com/quotes/camila-alves/it-was-a-really-big-deal-to-become-an-american-citizen-the-right-way/) [Camila Alves](https://sms4smile.com/quotes/author/camila-alves/) > [I'm a writer. In Latin America, they say I'm a Latin-American writer because I also write in Spanish and my books are translated, but…](https://sms4smile.com/quotes/isabel-allende/i-m-a-writer-in-latin-america-they-say-i-m-a-latin-american-writer/) [Isabel Allende](https://sms4smile.com/quotes/author/isabel-allende/) > [I'm not a doctor, nor am I a member of the military. What I am is an appreciative, concerned American citizen, who was horrified…](https://sms4smile.com/quotes/ken-wahl/i-m-not-a-doctor-nor-am-i-a-member-of-the-military-what-i-am-is-an/) [Ken Wahl](https://sms4smile.com/quotes/author/ken-wahl/) > [When I became an American citizen, nothing's changed because I'm still Asian.](https://sms4smile.com/quotes/jimmy-o-yang/when-i-became-an-american-citizen-nothing-s-changed-because-i-m-still/) [Jimmy O. Yang](https://sms4smile.com/quotes/author/jimmy-o-yang/) > [Finding the Russian scientists may be a problem being that Russia does not have a Social Security System, as here in America, that allows…](https://sms4smile.com/quotes/colin-powell/finding-the-russian-scientists-may-be-a-problem-being-that-russia/) [Colin Powell](https://sms4smile.com/quotes/author/colin-powell/) > [I'm obviously an American citizen. My parents are American citizens. But I'm not looked at as an American.](https://sms4smile.com/quotes/ana-castillo/i-m-obviously-an-american-citizen-my-parents-are-american-citizens/) [Ana Castillo](https://sms4smile.com/quotes/author/ana-castillo/) > [I'm not an American citizen.](https://sms4smile.com/quotes/bill-browder/i-m-not-an-american-citizen/) [Bill Browder](https://sms4smile.com/quotes/author/bill-browder/) > [I wanted to participate in the political responsibilities of an American citizen. I wanted to vote. 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