Martinsburg statesman-democrat. [volume] (Martinsburg, W. Va.) 1906-1921, 1913-04-25
INCOME TAX IN
MANY NATIONS
How IL 81 Assessed and Collected
Abroad ard it eradua.
tions.


other countries apply the system and
what results they obtain from IT, An
exact comparison OF the tax proposed
In the Underwood bln with those col
lected elsewhere is not easily drawn,
for the reason that rates. rules and ex-
emptions the world over are constant.
IL changing and that many other
forms u taxation are hard 10 distin-
guish from the income tax proper.
For instance. the separate German
states lew income taxes Some Ger
man cities do also. and the imperial
German government is about 20 take
an especial contribution from large in
COMES, presumably paid In Eve install
nents. 50 that for i've years and per-
haps longer. some Germans may have
triple incofse taxes TO pay.
In Great Britain the estate taxes
levied as death duties bring IN reve-
rue OF S1a3.0o0oo0 a year. They are
graduated rising to : and 10 per cent
ON large estates, On those of over SI5,-
0oo0p0 the first S5,000,000 pays 10 per
cent and the remainder Is per cent.
British Exemption Varies.
The British Income tax proper was
levied or aud on during the Napolconic
wars and steadily since 1912 The ex-
emntion has varied from $500 10 $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 O per cent. II
was not theu graduated A super tax
IL 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,
GOo.00O. more than twice what the IN
derwood bill contemplates. An earned
income OF $4,000 pays Sd in the pound
on 50. 200 and i4d on $1,000 $500 being
exempt An unearned income pays
14d. In eeneszI tue lowest rate Is Cd,
or about 3 70 per cent.
The highest 10 Id, with a7super tax
OF Cd on incomes over $4,000, or In
all little above ) per cent. Besides
the general exemption there is spe-
elai exemption OF $50 for each child
under sixteen,
A man with five children and 1880
a year pays %. in the pound on $50,
or about 81 10 tax.
4 j THE austrian Method!
Austria ditiA,s the Income tax into
very many miRpte gradations. The ex-
enption Is S2sa but above that limit
: the entire income Is taxed The low
est ratels 0.6 per cent Strictly speak
ing. there il no ''iriehest.' The rate
continued 10 rise as the income In
creases
AT $4,000 tie tax paid is Sl.93750,
or 4.5 per cent An income OF S5OOOOO
would pay close 10 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 S22J An income of $3.50
paws $3.50 The rate averages 3 per
cent. but large incomes pay o per cent
upon the greater part Earned incomes
are taxed less than unearned ones. aud
there are numerous exemptions.
Saxony has 1lS gradations and taxes
an income Of 500 "a cents. There is
an abatement for children. Large in
comes pay a much higher rate than
moderate cnes Bavaria taxes earned
income up to per cent, unaarned In
come up to 4 per cent.
The exemption in the case OF unearn-
ed income is only $1T50 IL you have
say. $50 unearned income II pays 30
cents tax.
In Rally and Spain.
The tax in Italy rises to 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. exempts
incomes up to $500 Incomes over
$1,000 pay per cent. and so do cor
porations
In thirtyseven countries of the world
the incorpe tax Is estimated to yield
one.half Of all tire returns from direct
taxation In Great Britain it yields
more than half.
Wisconsin has state income tax.
The exemption is $500 for single per
son. $1,000 for husband a wife and
5000 for each minor or other depend
emf. The rate varies from TO G per
cent
A Wisconsin, millionaire. under the
combination cf state and federal taxa
ton. may presently be called upon to
pay 10 per csat upon the greater part
OF bis incOrle-
OF epurse rhe sgeraee rent payer ~
any American city pays much more
than 10 qer cent OF his income 10 in
direct taxadon. federal state and 10
cal
Mail Order Houses.
III - ..., III -. - -. ,.st,-.