Franklin D Roosevelt On Revising Tax Laws For WWII

The video discusses a proposal for a simpler tax law aimed at taxing unreasonable profits and reducing war costs. The current tax bill in Congress fails to meet these goals, leading to a presidential veto. Barkley resigns in protest, but Congress overrides the veto and re-elects him as House leader, showing strong support for his stance.

What is the main goal of the proposed tax law discussed in the video?

• To increase corporate profits

• To tax unreasonable profits and reduce war costs

• To eliminate all taxes

• To support only individual profits

What action did the President take regarding the Congress bill?

• He approved it

• He ignored it

• He vetoed it

• He revised it

Why did Barkley resign according to the video?

• He wanted to retire

• He felt Congress was deliberately attacked

• He disagreed with the President

• He was promoted

What was the outcome after Congress received the President's veto?

• They postponed the decision

• They revised the bill

• They overrode the veto

• They accepted the veto

How did the public respond to Barkley's stand?

• They protested against it

• They sent telegrams in support

• They were indifferent

• They ignored it