Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1914-12-31
INCOME TAX To Be
OVER 100000
Report Is Issued by the State
Tax Commission.
INCREASE OVER LAST YEAR
Gain of s57,o74.46 Over Amount Col
Iected During 1913 Shown-Cor-
porations in Wisconsin Will
Pay $2,716,657.

Madison.-An income tax Of s4.140,-
571.86 viii be collected in Wisconsin.
on 1914 incomes under the state in
come tax law, according to compiled
statements finished by the state tax
commission.
This is an increase of S57,074.46
over the amount collected last year.
The corporations viii pay a tax of
$2,716,65704, which is slightly less
than was collected from the same
source last year individuals will pay
S1,423, 914.82, as compared with $685.
312.51 last year. The assessed in
come upon which the tax is to be col
Iected is 1926, 1913, 330.79, of which S74,
787,01879 is income of individuals.
Although Milwaukee city and coun-
ty have only 1856 per cent of the total
population of the state, they are re-
CURED to pay 1856 per cent Of the
total income tax.
Sixteen counties having cities of the
second and third classes, with an ag-
gregate of SO per cent of the states
population, will pay 26.79 per cent of
the total. The remaining counties,
with 1923 per cent of the population,
pay 30.67 per cent of the tax. This
indicates that the income tax falls
heaviest on cities and lightly on agri-
cultural districts.
If the total tax collected were pro-
rated on the basis of population, each
individual in the state would have to
pay S1.77. On the same basis in Mil
waukee county, the per capita tax
would be $3.50; in the Is counties
with second and third-class cities, the
per capita tax would be 1884, and in
the remaining counties, which are
largely agricultural districts, the per
capita tax is only 68 cents.
In the entire state 60,S60 individ-
uals will be called upon to pay the in
come tax of $1,423, 914 assessed against
individuals and firms. There are 315
persons in Wisconsin with incomes in
excess of $4,000, and these will pay
an average tax per individual of
S1,794. There are 352 individuals who
receive over $4,000 but less than $15,-
Ooo i4ISOI1lC- anu lllSSt VIII pay al dN-
erage of S361.26. There are 1O,528
individuals who have taxable incomes
between $1,000 and $4,000, who will
pay an average of S14.52. Over 68
per cent of the tax will be paid by in
dividuais who have taxable incomes of
less than $1,000. These 41,732 indi-
viduals will pay an average tax of
1914 each.
There are 1902 lawyers in the state
with aggregate taxable incomes of
$1,000, 1876, who will pay an increase
each, of $59.66. There are 4,148 book
keepers, stenographers and other
clerks who will pay average taxes of
$4.96. An average tax of $2O.86 will
be paid by the 1888 real estate men
and brokers who had incomes suffi-
cient to bring them within the juris-
diction of the law; of $116.33 by 982
bankers and capitalists; of 1921 by
$50 laborers; of $S7.42 by 977 estates
and guardianships; of $7.66 by 1925
farmers; of S81.27 by 346 Iumbermen;
by $7S.26 by 1920 manufacturers; of
$1263 by 6,768 mechanics and trades
men; of $24.13 by 1888 merchants
and jobbers: of $3S.S9 by 80 miners;
of $22.2S by 1912 physicians and sur
geons; of 5000 by 2,372 professors
and others engaged in academic pur-
suits; of $3.50 by 1859 persons en-
gagged in other professions; of $16.05
by sos public officials; of $815 by
1908 state and other employees; of
S7.95 by 2,S70 public service en-
ployees; and of 1924 by 1858 per-
sons who have retired. The 60,S60
persons taxed will pay an average of
$23.46 each.