The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1915-08-13

1OreSee, Will undoubtedly lndOrSe the
verdict of the Pharmacopial Revision
Committee. Literary Digest.
THE INCOME tax DOING BETTER
The greatly increased national rev.
enue from the income tax is especial
ly pleasing to Democratic editors in
view of the shrinkage in customs re-
ceipts due to the war A slight drop
in the tax on corporation incomes for
the fiscal year ending June 30 was
more than made up by a rise from
s2S,000,000 to $4l,O00,000 in the rev.
enue from personal incomes. This
is held to be due, not to any large in
crease in the number of taxables, or
any great accessions of wealth among
those already well-to-do, but to better
methods of collection. New York,
Boston, Philadelphia and Chicago in
order led the cities in income-taX pay
ments The East as an editor notes,
still seems to hold the purse-strings
of the country, with New York, Penn
sylvania, Massachusetts and New Jer-
sey paying more than half the entire
observation, we quote from the Phila-
Ieplphia Record:
in view Of the business depression
of last year, the fact that the Govern
ment's revenue from the income tax
shows a handsome increase must be
taken as a proof of much greater eff
ficiency in collection. When the law
first went into effect there was much
confusion over it's provisions. Now
it is working much more smoothly,
and is yielding greater returns. 1t
is safe to say that the income tax is
one of the achievements of the Wilson
Administration which no party will
ever attempt to repeal
Yet one Democratic paper, the New
York World, thinks there is room for
still more improvement, 1t says:
Last year New York City's con-
| lllDulAOii was lliLlS lCSo Illou oliC-
third of the country's total. This year
it amounts to over $15,000,0 900, or much
more than a third of the country's to-
tai of SAL 100000.
I'VE may doubt whether the indvid-
ual tax has been fully collected even
here. But when the whole state of
| No Oh with a lot nf
more than half that of Greater New
York; and including the old and enor-
mously wealthy city of Boston, returns
only about s2,700,OO0; when the great
and wealthy city of Chicago, with out
lying counties, returns only $2,400, 900
from population of around 100000;
when the Eastern Missouri District
including st. Louis, notorious for its
many great individual incomes. re-
turns only s65S,0OO when southern
Wisconsin, including the many for
/ tunes massed in Milwaukee, returns
only 1927 ,600-more than doubt aris-
es that the tax is being fully paid
There is suggested certainty that
! it is not.
"The government is not improving
as it should in the assessment of this
tax. It's machinery of collection is
still crude, complicated and cumber-
some. 1t is relying too much on cor
porations to do the work its own col
lectors are charged with doing
And Washington correspondent of
the New York Journal of Commerce,
while admitting that the income-tax
yield is good and under the cireum-
stances speaks well for the increasing
efficiency and activity of the collec-
tors, thinks the actual receipts dis
appointing from the larger point of
view" The income tax, as a general
source of revenue, he says, docs not
meet the original expectations of its
trainers, and the past years work
makes it appear that such a result is
not likely in the future" unless the
law is revised with view to greater
effectiveness. Literary Digest
TALKS ON THRIFT