Martinsburg herald. [volume] (Martinsburg, W. Va.) 1881-1920, 1913-04-26
INCOME TAX IN
MANY nations
How II 81 Assessed ard Collected
Abroad and II Gradua.
lions.

ROW ~ 81 ASSeSsSu 49, NoktSCtcu
Abroad and II 6radua.
lions.
Now that the subject Or the income
tax is attracting so much attention in
America ii Is interesting 70 note how
other countries apply the system and
what results they obtain from it. An
exact comparison Of the tax proposed
In the Underwood bin With those col
lected elsewhere is not easily drawn,
for the reason that rates rules aud ex.
empsions the world over are constant
II changing and that many other
forms Ut taxation are bard to distin-
guish from the income taS proper.
For Instance. the scparate German
states levy income taxes Some Ger
man cities do also. and the imperial
German government IL about TO take
an especial contribution from large In
comes. presumably paid in fve install
ments. So that for FIVE years and per-
haps longer, some Germans may have
triple incOsae taxes to pay
In Great Britain the estate taxes
levied rs death duties bring In rcve-
nue. OF Sl25oo0.000 a year They are
graduated rising 70 : and 10 per cent
ON large estates on those OF over SIS.
100000 the first S-.o00.000 pays 10 per
cent and the remainder 10 per cent.
British Exen,ption Varies.
The British Income taS proper was
levied OF aud on during the Napoeonic
wars and steadily since 1872 The ex-
empton has varied from 500 TO $500
and Is now The latter figure. The rate
has varied from less than | per cent
upward
During the Boer war 1t rose to I'D.
In the pound. or nearly Z per cent. IT
was not then graduated. super tax
Is now levied. and the principles OF
graduation and Discrimination have
been further introduced. though to a
less extent than on the continent
The tax Is producing this year $780,
100000. more than twice what the Tn.
derwood bin contemplates. An earned
income of $1,000 pays % in the pound
on 81. 200 and lad on $1,000. $500 being
exempt An unearned Income pays
I'D. In general the lowest rate is Cd,
or about ga per cent.
The highest Is Id. with a super tax
OF Cd on incomes over $4,000. or in
all Il little above y per cent Besides
the general exemption there Is n spe-
cial exemption Of $50 for each child
under sixteen
man with fre children and $1,000
a year pays. ID. 10 the pound on $3.50,
or about IS. 40 tax.
The Austrian Method
Austria divides the income tax into
very many minute gradations. The ex-
enpdon Il $3.50. but above that limit
the entire Income IS taxed The low
est rate is 06 per cent. Strictly speak
ing. there is no "hlgbest" The rate
continues to rise as the Income In
creases. kH
AT $4,000 the tax paid is Sl.9S7.50,
or 40 per cent An income Of 100000
would pay close to 5 per cent.
There are various exemptions for the
emperor, diplomats. soldiers, families
with children. the blind. crippled. bed
ridden. etc.
The German income tax laws vary
with the state In Prussia the ex.
emption Is S225. An income of $3.50
pays $50 The rate averages per
cent. but large incomes pay per cent
upon the greater part. Earned incomes
are taxed less than unearned ones. aud
there are numerous exemptions.
saxony has liS gradations and taxes
an income Of 500 "a cents, There is
an abatement for children. Large in
comes pay much higher rate than
moderate cnes Bavaria taxes earned
income up to per cent. uDaarned In
come up to per cent
The exemption in the case of unearn-
ed income Is only $3.50 II you have.
say. $40 unearncd income IT pays 80
cents tax.
In Italy and Spain.
The tax in Italy rises 10 20 per cent
on large incomes, but takes the place
OF other taxation to an extent not here
contemplated Much the same is true
of Spain.
New Zealand. country very adj
vaneed in social legislation. exempte
incomes up TO $1,000 Incomes over
$4,000 pay ; per cent. and so do cor
porations.
In thirty-seven countries OF the world
the income tax Is estimated to yield
one-haIf Of all the returns from direct
taxation In Great Britain it yields
more than half
Wisconsin has state income tax.
The exemption il $500 for single per.
son. $1,000 for husband wife and
1900 for each minor or other depend
.nt The rate varies from to 6 per
cent
A Wisconsin. millionaire. under the
combination cf state and federal taxa.
ton. may presently be called upon TO
nov IN nor f.4.af tpor, Az. .,,aofor "a ~ [