The Telegraph-courier. [volume] (Kenosha, Wis.) 1888-1946, 1912-08-22
TAX ON CORPORATIONS LATER
at This Time to Figure Out
Amount to be Received but it is Elk
pected to be Small in Comparison
With Personal Tax of Other Years.

Income Assessor Joseph E. Dalton
sent to Madison today the first report
of the assessment Of income taxes in
Kenosha county and the amount of
the valuation has not caused any big
surprise among the people who have
taken an interest in the assessment of
the tax. More than twenty-three hun
dred incomes have been assessed in
the county and the total taxable in
come of the county is shown to be
$L,529, 639.23. Of this amount $685.
09l.04 is assessed against incomes of
people residing in the city of Kenosha
and the $141, 54S.19 is assessed against
incomes earned in the rural towns of
the county during the year 1911.
There is still to be added to this the
valuation of the incomes Of the
various corporations in the city, but
the return on these incomes will not
be made until the first Monday in
September. 1t is expected that the
amount of the corporation incomes
will be largely ineexcess of the amount
assessed against the private indiyid-
uals in the county.
The first report of the assessor
proves that the farmer is practically
exempt from the collection of the in
come tax as the total for all the rural
towns in the county is only little
over ten per cent of that found in the
city. No corporation tax will be col
lected in the rural towns and when the
corporation tax is added in the city it
is expected that the city's portion of
the income tax will be not less than
twenty times that in the county.
It is impossible to tell just what tax
will be realized from this assessed val
uation Of incomes on account of the
fact that there is a sliding scale.
However, a large majority Of the in
comes to be taxed will pay tax of
not to exceed one per cent and only a
very small proportion of them would
pay the maximum of six per cent. On
the sliding scale it is not expected
that the income taxes of private in
dividuals in the county will exceed
$4,000 and under the law but 70 per
cent of this will be left in Kenosha
county. This would give the city
about $4,000. A year ago the city
collected more than 100000 on per-
sonal property, the assessment Of
which has been removed by the in
come tax law going into operation. Of
course the tax assessed against COR
porations will largely increase the
amount, but it must be more than
double it if the city is not to be a
loser by the operation of the income
tax.
County Clerk Jones and Assessor Dali
ton will in few days begin the work
of figuring up the amount of taxes to
be paid on the various incomes and
as soon as this work is completed the
returns will be made to the various
town clerks and the city clerk and the
amounts will be placed regularly on
the tax rolls for collection with the
taxes in February.
When the tax is computed it will be
an easy matter for the finance COM
mittee Of the city to discover just how
much the city is to receive from the
tax and this amount will be taken into
consideration in making the annual
tax levy. There is little reason to- be-
lieve, however, that the collection of
the new tax will have any tendency
to cut the mill tax of the city.