The Birmingham age-herald. [volume] (Birmingham, Ala.) 1902-1950, 1914-12-14
ALABAMA IS WELL
/. Up IN THE LIST OF
STURDY INCOMES
Only One Man With An An
nual Income Running
Above $4,000
21S6 CITIZENS ARE
PAYING INCOME TAX
Seventy EIGHT Out of Hundred and
Thirty-nine Public Service Cor
porations in the State Are
Subject to the Tax

Washington, December fS.-(Special)
Details of the report of the commits
sioner of internal revenue disclose sew
eral features of interest about Alabama
the figures on the income tax collec-
tions indicate that it Is one of the most
substantial and prosperous states In
the union. Some states show larger
numbers of plutocrats. as New York
for instance, which has 81 citizens en-
joying incomes of over 100000 a year
apiece; but. for the general average
of citizens of substance Alabama is well
up in the list.
To the aggregate collected for the en-
tire country, amounting to $SS0,00S
Sss.96, Alabama contributed si6S,-
44o.s4. of which t269,442.4e was on the
income tax account. This was divided
as follows: Individual income tax
SCI, 1929; corporation income tax,
$156526.sS; corporation excise tax,
$59,S13.19.
In Alabama Commissioner Osborn
credits Sim T, Wright with collections
running to sl54,s1277. and John d.
McNeel with $449,4o2.o4.
Going more into detail on the In
dividual incomes of the state. the re-
port shows 361 persons with annual
incomes ranging from $4,000 TO s3sS3, 81; ;
from $s333S3 to $1,000 there are 6SS;
from $4,000 to $4,000 there are 759
from $4,000 to $1,000 there are 225,
from $4,000 to $4,000 there are 7ai
from $4,000 TO $4,000 there are al
from $500 to $4,000 there are 21;
from $4,000 to $4,000 there are To-,
from $4,000 to $4,000 there are Al.
from s500,O00 to $4,000 there are Z,
from SIS, 900 to 100000 there is one.
or these 21s6 individuals. 172e are
married.. $40 are single men and 100
are unmarried women, while 10 married
women made separate returns
On returns received from 33S finan-
cial corporations in Alabama. including
banks, trust companies and Insurance
companies, 311 were found to be liable
to the income tax, these having an ag-
gregate capital of approximately $2s,-
100000 bonded debt of $2,975,o00 and
net income of $3,696,593.S1
Seventy eight out of 1879 service cor
porations were subject to the tax and
their capital was computed at $4,000
600, bonded Indebtedness at S107,00O,-
600 and net income at $2,035, 919.60. In-
dustrial and manufacturing concerns,
| TT subject to tax out of 723 report
| ing; aggregate capital $165,700 000 ;
|
$40. 09A, 606.1S. mercantile concerns SIS
subject to tax out of 727 reporting
aggregate capital, 20.250,Q00; bonded
debt, s1i 100000; net income, SS,0I6,-
304 10 Miscellaneous, "such rs arclli.
tects, contractors, hotels, theatres" etc,
46S subject to tax out of 500; capital
$67 800, 600; bonded debt S24,000,0O0;
net income, 1,945. 190.4S. Grand total,
21S7 subject to tax out 2747; aggregate
CAPITAL S3430 900; bonded debt, S2J2,-
500 600: net income, s20,S4S,614.1
Eighty thousand, seven hundred and
seventeen taxable gallons of distilled
spirits were Withdrawn from distillery
and general bonded warehouses in Ala
bama, made up of 1889 gallons OF
whisky and 1928 gallons of gin. Re-
naming in distillery or bonded ware
houses were 174,497.S gallons of whisky
and 1912 gallons of gin.
The commissioner estimates that the
collections for the country In 1l5 will
be $439,000,000.