Evening star. [volume] (Washington, D.C.) 1854-1972, 1895-03-23

will be liable to an addition thereto of )
per cent on the amount of taxes unpaid
and interest at the rate of 1 per cent per
month from the time the tax becomes due
If you fill out your blank and take it
to the deputy collectors office it will be
acknowledged without fee, whereas a no.
tary public will charge for the service
If there Is anything in the regulations
which you don't understand, just go down
to Mr.. Clagett's office and he will make the
matter plain as day.
The deputy collector of internal reve-
nue. has been busy for some time sending
out blanks to persons whom it was thought
might come under the provisions of the
income tax law. OF course, 1t Is likely that
some people who are subject to the tax
have been overlooked, but the fact of their
not having received notification will not
exempt them from the operation of the
law. They will not be allowed to plead
ignorance of the law, and will have to pay
heavy penalty for nome ompiiance.
Sending out Blanks.
The task of making up the list of per-
sons to whom blanks should be sent has
been an arduous one. In doing this work
the deputy collector has been compelled to
proceed pretty much upon hearsay. The
only thing that might be called official
evidence has teen the city tax list. TAX
ing this as a basis, it has been possible TO
arrive at an estimate of persons wealth.
property holdings and rentals, thereby
gauging in a rough measure the size of his
income. The blue book has furnished the
salaries of officials who fall easy prey
to the tax collector. Between 1900 and
1000 blanks have already been sent out
The law provides that the following
sources of income shall be taken into con-
sideration: Gross receipts, credits, earnings
and gains from any business, or any in
terest therein, wherever carried on; from
rent received or accrued during the year;
from profits realized on sales of real estate
YltIr1h ac sod cir 1hpr
farming operations, including proceeds
from sales Of live stock and proceeds from
sales of agricultural products; money, and
the value of all personal property acquired
by gift or Inheritance; premium on bonds.
stocks. notes or coupons; income from
profession, trade, or other employment,
except stated salary or pay; from salary,
compenSa ton, or pay for particular sery-
ices, and not including salary or compen-
sation received from the United States;
from salary, or compensation received for
services in the civil, military, naval, or
other service of the United States, includ-
ing salary of Senator, Representative or
Delegate in Congress; from gains and prof
its, divided or undivided. of any partner
ship: from interest received or accrued
within the year upon all notes, bonds mort
cages. or other forms of Indebtedness bear
ing interest, whether paid or not, if good and
colectible: from interest or coupons paid
or accrued on any bonds, or other evil
dences of Indebtedness. of any corpora ton.
company or association: from dividends or
interest paid or accrued on the stock cap
ital deposits of any corporation, COM
pany or association: income of wife or
minor children computed the same
basis this return, and from all sources
not above enumerated.
The Deductions Allowed.
The following deductions are permitted
by law in addition to the primary exemp-
ton of $4,000: Interest which has become
due which has been paid during the
year; national, state, county, school or mu-
nicipal taxes paid within the year, not in
Guiding taxes assessed against local bene-
fits; amount expended in the purchase or
production of live stock, or produce sold
within the year; necessary expenses actu-
ally incurred in carrying on any business,
occupation or profession. and not elsewhere
deducted in this return. losses actually sus-
tanned during the year, incurred in trade or
arising from fires. storms. 1shipwreck, and
not compensated for by insurance or othnr-
wise, and not already deducted in ascertain
ing profits; actual losses on sales of real es-
tate purchased since December 81 1Sl2
debts ascertained within the year to be
worthless, and not elsewhere deducted in
this return; cost price of material pur-
chased for manufacture or resale, not in
creasing stock on hand December 81 1888;
dividends heretofore included in the state
ment of profits received from corporations
companies associations on which the
tax of two per centum has once been paid
by such corporation.
After making these deductions, if it is
found that the income is still in excess of
$4,000 per year, and if the United States
Supreme Court does not declare the income
tax unconstitutional in the meantime, moth
ing will remain but to walk up to the cap
tains desk and settle 1t is sugges ted