INCOME TAX INVASION.
J. P. MORGAN MODIFIES STATEMENT. Mr J. Pierppnt Morgan, the American banker, in a statement at New York on June 10, modified the assertion which he made in an interview on his return from Europe two days previously that income tax evasion was not a'moral but a legal question. Mr Morgan’s assertion followed recent intimations by President Roosevelt that men with large incomes committed a moral wrong by the avoidance of their income taxes. • , , “I was interviewed before I had seen President Roosevelt’s message about tax evasion/’ declared Mr Morgan. “1 am surprised at some people’s mterpretation of my offhand remarks. 1 have no sympathy with tax evasion and no thought of defending such practices, but l feel strongly that a taxpayer complying with all the ternis of the law should not be the subject of obloquy for not paying more than he owes.” Mr Morgan did not pay income tax for 1930 32.
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https://paperspast.natlib.govt.nz/newspapers/MS19370701.2.109
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Manawatu Standard, Volume LVII, Issue 180, 1 July 1937, Page 9
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157INCOME TAX INVASION. Manawatu Standard, Volume LVII, Issue 180, 1 July 1937, Page 9
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