The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-12-09
CHANGES
IN INCOME TAX
ARE URGED BY
Mr.. M'AOOO
IRy Eyenlnr Herald rs...a wIrsl

washington. n. c.. Dec. Q.-Radlcai
changes in the income tax to reach
thousands not now subject 10 It's
provisions nnl 10 improve the ma
chincry OF collection were suggested
20 congress today In the annual re-
port %; Secretary McAdou as means
by which the greater part OF the ad-
ditional revenue needed TO pay Cor the.
administration could be had by
changing the limits so as TO tax mar
ried persons with incomes as low ne.
$4,000. aud single persons with $1,000
Incomes. The exemptions now are.
$4,000 and $4,000 respectively
Increases In the collection force. al
requirement that returns must be
made Of gross income in place OF net
income. and a change 80 hat the tax
shall not be. withheld at the source,
were among MIR McAdoo's other sug-
gcstions. lie made no estimate OF the
number OF persons who might be
taxed IL the amendments were adopted
nor the amount that might be expect
ed, but In connection with mis- request
for "A larger collection force he pointed
out that examination OF the past per-
sonal and corporation returns shOwodl
that 90 per cent Of those Inspected
NA"NA AAAA NNANA ANAAAA ANM was WAN
the government. ON the basis of the
examinations, the secretary says that
apparently more thaa St.GOO,OO ia
personal tax and more than S2O.sgi.-I
eco IN corporation tax ~still-is due the
government.
Many Inaccurate returns are
made" said the report. some dclib-
erately and some ignorantly. ana thcrcl
are without doubt. wholesale eVusionsl
0f the law throughout the country. ltl
IL absolutely certain that the g9s crn-
ment Is losing through inaccurate re-
turns and cvgsions OF the law "a sum
many times greater than the cost of
the necessary field force 60 investigate
and chcck the returns ana Co bring TO-
account those who are failing. Go make
returns as required hy law
tH keeping with his recent an
nounccmcut Nr. McAdoo suggested
tho present stamp tax and the exist
ing duty on raw sugar should be re-
tanned ii force and said Ggain that 900
issue OF bonds Is necessary either tu
provide Tor current expense or ir a1-
uCipaton % added burdens Incident Go
a policy Of military preparedness
The policy of providing Tor the cX-
penditures Of the government by tax
alton and not by bond issues said the
report. 'ls undoubtedly 90 soun1 oUcI
and should hc adhered Co.,. a uutiIg. 4
no more than AN individual. CIu gH
constantly INTO debt for current exc
pe%udltlrcs without eventually .1ipIIr-|
ing credit. \ wise sound and per
manent policy 90 raisiug the addit.a1al
revenue required lar preparcdneFs and
the expenditure OF the government
should therefore be devised end
adopted
AIR. McAdoo expressed the hpI.es
that with "a return OF peace 100 Elrop.
customs receipts which fell off $50
0UU. 900 il the last year VIII Increase
ana that the legislation suggested
with 90 provision Go make tho -Irt.s
OF the income tax law applicable go
$4,000 instead of 100000. the whole
or part 90 the additional revenue cam
Dee raised Taxes o1 gaFol.uc crude.
and refined oils, horsepower uf ahto-
mobiles and 'yaripus other tNl.Ha
are suggested as further rcy,lI, rats.
ing measures
rhc total estimated appropriations
for The fiscal ye1r which begin July D.
next MI. MrAduu puts al Sl.g,t. SOD i
nA0 including S3iG. 3GtA19 for tho
p~ostonlce which ls reimugrsuhi' aua
about $50 900, 900 more for She paI-
anna canal and sinking fond hcgoiuisi
for the same gear based ON existing.
Law without extension of the suGHt
duty or the emergency tax Mr.. No
Ado0 puts at $3.50. 500 600 and orl.-l
nary easements at $3.50 9ul 600
leaving an excess of disbursement.
over receipts IL LEGISLATION is mott
passed 90 change conditions, OF y2at
100000. As explained In his reo.l
statement. however, that amount
would would bee reduced To- about $50
600. 600 by the extension OF the ouur
gcucy q sugar tax laws.
Secretary McAdoo's report SAYS The
people of the United states have rou-
soR 90 congratulate themselves oa tho
financial ana business condition OF the
country after the eorious sItu1 iou
which confronted them f. car ago.
The European war produced Ino'
table suffering Ju this country ls Well
as iu Europe said the secretary.
"Our industrial situation wac, for a
limo t~ar'nu.ly hurt and tho tu.tUn