Fulton County tribune. (Wauseon, Ohio) 1883-1925, 1917-01-05
12O PERSONS GET
MILLION A YEAR
Figures Disclosed by Uncle Sam
in Published Receipts
From Income Tax.
new YORK IN LEAD WITH IA
Two Hundred and Nine Pay on An
nual Receipts of From $50o,000
to $1,ooo,oo0, Report for
1916 Shows.

There are 12O persons in the United
States who have annual incomes of
S1,000,000 or more. This fact is dis
closed in figures made public by Uncle
Sam regarding the collection of the
federal income tax for the fiscal year
1916.
There were 336,652 persons in the
country subject to the income tax dur
ing this year, according to these fig
uTes. The largest number of any one
class paying the tax was 120,402 for
tEa classification of net incomes Of
between $1,000 and $4,000 a year.
Tile number Of married persons pay
ing the tax was 266 153.
There were 1,793 persons paying the
tax on net annual incomes ranging
from 100000 to $150OO0; 724 persons
paying the tax on net annual incomes
ranging from $150,Oo0 to 100000; 1856
persons ranging from 100000 to $780,
COO; PIG persons paying tax on net an
nual incomes ranging from $250,000 to
100000; 254 persons paying tax on
net annual incomes ranging from $780,
600 to 100000; 122 persons paying
on net annual incomes of from $780,
900 to $5OO,O0O, and 200 persons pay.
Ing on net incomes of from 100000 te
$1,000,000.
New York the Leader.
The 12O persons paying income tax
on annual incomes of $1,000OO0 and
over as distributed by states was: u
In New York, each in Connecticut
Delaware and Illinois, each in Geor
gia, Maryland, Minnesota, Missouri
Oklahoma, Rhode Island and Vermont
gan, z in New Jersey and 6 in Ohio.
The distribution by states of income
! taxpayers whose incomes aggregated
from $5O0,0O0 to $1,0OO,o0O each las
year was:
California, 8; Colorado, 1; Connec
ticut, 4; Delaware, 1; Maryland, 2
Massachusetts, 13; Michigan, z; Min
nesota, 1 Missouri, 8; New Jersey, 2
New York, III; Texas, L; Vermont,
Virginia, 1, and Wisconsin, 2.
That many persons evade paymeR
of their income tax, in whole or il
part, is indicated by the fact that 1
further tax was found to be due tn,
government in 63 per cent of the re
turns investigated, an average of 500
increase in the tax being derived fren
each investigation. Investigation o
those who failed to make any return
resulted in securing returns in 50 pc
cent of the cases looked up, with Al
average yield of $50 in the tax col
lected. Inquiries could be made b
the department of internal revenu
into comparatively few cases, owing t
the small number Of Investigators.
Big Gain in Receipts.
Statistics as to the total amount co
lected from the income tax show
remarkable increase over the previou
year. During the fiscal year 1916 tn
receipts from personal or individu;
income tax aggregated $67, ,943, ,594.6
as compared with personal income ia
payments aggregating $41,O46, 1926
collected during the fiscal year 1915
The corporation income tax pa,
ments during 1916 have aggregate
$56,993, ,657.98, as compared with CO
poration income tax payments of $3e
155, ,596.77 in 1915.
From both sources-corporatiOn az
individual income taxation-the fe
eral government during the fiscal ye'
1916 collected an aggregate of $124
e37, ,252.61, as compared with 0,201
1886 during the fiscal year Of 1916