Fortunes Quotes
He is referring to California Prop 40 - also known as the ‘billionaire tax’.
This problem of capitalism needs solving, but has existed as long as capitalism has.
Many whites thought that the solution to the problem of free and emancipated Negroes was to send them to Africa. They assumed that the negroes would by desirous of that solution also, but they rarely asked them. When they did, they received answers much like this one from one of the leading Black clergymen in America.
Root was writing about the 16th Amendment to allow an income tax. Many in New York City wanted to know why they should have to pay such a large proportion of the nation’s income tax.