The Sentinel=record., 1913-09-28
FOUR HUNDRED AND TWENTY. FIVE THOUSAND CITIZENS
 WILL PAY THIS AMOUNT,
100 ARE OVER Sl,OOO,OOO
This Law is Now Practically in Force Against All American Citizens Who Earn More Than $3,ooo Salary or Income.

Washington, Sept 27.-Aecordipg to estimates completed today by treasury experts, 425,000 American citizens must keep such accurate ac- count of their income this year that they will be able to report to the in- come tax collector next spring ex. actly how much they owe .he gov. ernment under the new income tax law.
 So far as the taxable American is concerned, the income tax law is now practically in force against him While the tariff bill in which the law is embodied will not be signed until mex. week, the first returns do not have to be made to the internal revenue collectors before March l., 1914 But when the returns are made they will cover the income of cti- zens from March 1, 1913, to Decem- Der 3l, and the first paymen. of tax will be for money received during this period
 Every single person (citizen or foreign resident) whose annual in come exceeds 5000; and every mar ried person with an income above $l,O00 is expected to report his or her receipts in detail to the govern ment agents.
 The estimate completed today indi cates that the income tax will pro. duce $S2, from the 425, ,000 per. sons taxed To this will be added the S35,000,O00 or more produced by The present corporation tax. which is continued as part of he law. The income tax estimates follow:
 $3,000 to $5.000, number, 126,000, total tax, $630,000.
 5000 to $l0,000, number, l78,0o0, total tax, $5,340000,
 Sl0,000 to $l5,000, number, J3,0OO; total .aX, $4,240000.
 Sl5,000 to $20,000. number, 2i,50O; total tax, $3,1S5,000.
 $20.000 to $25,0O0, number. lO.1O0; total tax, $2,l00,000.
 $25,000 to $50,O0O. number, 2l,OOO; total tax, s9,6600D0.
 $50,000 to s75,000, number, 6,l00, to al tax, $6,S32,000
 $75.O00 to $IO0,000, number. 2,i00; total tax, Si,fib,VVO.
 $l00.000 to S25O,O00, number, 2'ooo' total tax, S13.N5.000.
 S250. 900 to $500,00O, number 50o, total tax, sS,S05,500
 S500,000 to $l l,000,000, number 6oo' total aN. Si3,653,500
 $1 ,000,000 or above. number lVO' total tax, S9,30l,0 900,
 Total Dttuhpr 125 OOO. total tax, $82, 298 900.
 President Wilson, the federal judges Of the supreme and lnlerior courts now holding office ana ehl, poyes of "a state or any pouViod' subdivision thereof are the only per sons specifically exempted from the tax bv the new law The president and the judges now in offices were made exempt to escape any qu9s' tions of the constitutionality or .he law: and their successors m olllce will he compelled 70 pay the tax.
 Tho general public is expected 10 give close study to the new laW .a the next few months as the lli9' burden of the tax payment rests @ Wien the individual citizen ana ms ianuto to report his income IS puhlsn@oio hv a fine It is admitted that "heh the first returns are made many tax ahle nersons probably will escape l4a vment. but with each year tlle qovernment's list of persons "i0n taxable incomes will be made more nearly complete uoo.,nr
 Two primary methods or col'ec,lne 't tbe tax are contained lh Vn7 nv, One is the individual return oy .no citizen. the other returns oy oo.po. r.tions and ether employers Who pay their employes' taxes "at the source' finder inc law, as it will De slsheu Inv President Wilson next weeN' every large company employl ms labor will be compelled to report ahy 7 rocnlar salaries it pays in excess ol the s3,000 figures and VIII pay .n taxes for it's employees ana ueuu' the tax from their pay ehVeioPo'. 1T,
 This payment at the source WI, applv to salaries. rents lh'eree, royalties partnership profits anu some other sources of income any persons receiving such incomes n,"~ be prepared to show that the hiono' has maid its tax at its source
 Tn figuring up his net income lo p the taxpayer the American pus'nIa ,i,,,, man after deducting $3,Ooo 10, @ n'm self or s4.O00 if married VIII li"r the right 70 claim the following 0N captions: .,.. n
 Necessary expenses of carrying ,,, Q
 business. not including persohai '''
 ing or family expenses. os.
 Interest paid out on indeoteunos'
 National, state, county, schooi