Quote – Otto H. Kahn, New York Times.

[Estates] are valuable only for what they can produce. If seized by the government they can produce nothing, and if such seizures increase in amount beyond a reasonable limit they must prove not only valueless in themselves but must destroy the sources of production which otherwise would continue to finance the government and provide for the people.

Otto H. Kahn quoted in “Kahn Sees Menace in Inheritance Taxation,” New York Times,

Friday, February 29, 1924