New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-12-02
Ten of These Exceed
S5,OOO,0OO Each, Revenue
Figures for 1917 Show
437,O36 Paid Taxes
Reduction of Ten-Cent Tax on
Colored Oleomargarine Is
Urged as War Measure

WASHINGTON, Dec. 1.-Two hun
bred and six men with millionaire in
comes-ten Of them with annual in
comes Of more than 100000 and 1876
with incomes ranging from Sl'oOoo0o
to 100000 are shown IN the income
fax figures Of the Internal Revenue
Bureau for the fiscal year 1917.
The report of the tax shows grow
ing sums, despite the fact that lower
lumber Of income taxpayers IS shown
than was estimated. The figures do
not show the full effect Of the war
as creator Of millionaires, and prac-
rcally none Of the effect Of the entry
Of the United States, as that viii not
bc ar5aront until next years report
While l78.O36 persons paid income
taxes last year, previous estimates set
the number as high as 100000. The
number OF married men subject to the
income tax under the old law was
a55r07. unmarried men, 47,46l; un-
married women, 26.e33, and married
women making returns separate from
their husbands, 1855.
The number reporting incomes PC
tween $4,000 ard $1,000 was S3,lZ1i
between $4,000 and $4,000, 72.O2G be-
tween $1,000 and $4,000, l50,5ol; be
tween $4,000 and $4,000, 47,oO2; pc
tween $4,000 and $4,000, 5s,3ll; be-
tween S50.d0O and 100000, lu,452i be
tween 100000 and $4,000 $500; be-
tween SlE0O00 and $500 600, .264, ana
between 100000 and 100000, 2,23s.
Reduction in Oleo Tax Urged
Reduction Of the 10 cents pound
tax on colOrci oleomargariue, both as
Cd war measure to increase the pro-
ductiou of food fats and as means
of actually yielding more aggregate
revenue, was recommended 10 the
annual report Of the bureau. An
ether recommendation prompted by
war conditions was that the govern
ment should assume control, manu-
fscturo and use Of narcotic drugs
needed SO badly for Red Cross work.
The report cited the SS09,3t3.0OO ln-
tcrnal revenue receipts for the fiscal
wear ended last June 80 as "the
largest I'm the history Of the bureau
but pointed out that even that record
would be broken by the Cstimated re-
ccipts for the current year under the
new war tax law Of $1,000, 600. The
greatest source of taxation was dis
titled liquors the production OF which
showed j marked increase despite the
extension of prohibition territory.
TO conserve the drug supply 1t was
suggested that Congress amend the
harrison narcotic law so as 10 impose
rs stamp task on all narcotic drugs and
place the manufacture or sale under
"a Federal license system.
The principal collections last year.
we're IS follows: Distilled spirits,
sIS7.2>s 600: fermented liquors, SOL
Og4. 900: individual income tax, $780,
10000; corporation income tax, 9li9,-
$4,000: manufactured tobacco. SlO2,-
100000: muu!tion manufacturers tax
lrow discontinued) 1864 600; mis-
ccllaneous special taxes, S23,37l 900.
New York led the states In amount
Of tax collections with Sl9OOuOOOO;
Illinois was second, with Se8OOOOOO;
Penn syiyania third, with So3,OOOOOO;
Ohio fourth, with S5l.OOO,OOO. and Ken
lucky fifth. with SfI,O0O,0OO. The small
est collect ons came from Nevada
Wyoming. North Dakota. South Dakota
Ioano and New Mexico, IN the order
given. 49,.
and September this year, revenue for
thc wear ending on June so mex, IS
estimated at So. 400,0O0,000, classified as
follows: Excess profits, Sl,265VOO.0JO;
incomes. 81 1901 100000, including 5000
600 600. from individuals and S0oooVO'-
200 from corporations; other new war
tayes. $4,000. 600, and ordinary collec-
tions from old sources, such as liquor
and tobacco. S145.OOO.O0O. For the year
ending June 80, 1919, revenue receipts
uude~ the present law are estimated at
C.. sr- 600 400