Quotation by Rutherford Birchard Hayes

Is this not true—That in proportion to the value of their estates the extremely wealthy pay far less taxes than those of moderate means? Compare the amount paid by millionaires with the amount paid by ordinary citizens. I believe that in proportion to their estates they pay less than half as much as ordinary citizens, whereas they ought to pay more.
Rutherford Birchard Hayes (1822–1893), U.S. president. Diary and Letters of Rutherford Birchard Hayes: Nineteenth President of the United States, vol. IV, p. 356, ed. Charles Richard Williams, The Ohio State Archaeological and Historical Society, 5 vols. (1922-1926), Diary (December 10, 1887).
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