The evening world. [volume] (New York, N.Y.) 1887-1931, 1917-05-09

AheN ~ hNuilion TO tne normal tax
Imposed by subdivision (a) Of section
one o. the act entitled IAN act to in
crease the revenue, and for other pur-
poses approved Sept. 8, 1915, there
shall be levied, assessed, collected and
paid a like normal tax, OF 2 percentum
upon the income OF every Individual
received In tho calendar year 1917
and every calendar year thereafter.
That in addition to tho additional
tax Imposed by subdivision (b) OF
section one OF such act OF Sept. !.
1918. there shall be levied. assessed.
collected and paid like additional
tax upon the Income OF every in
dividual received In the calendar
year 1917 and every calendar year
thereafter as follows:
"One per cent. per annum upon
the amount by which the total nei
income exceeds $1,000 and does NOT
exceed $500.
Two per cent. per annum upon
the amount by which the total net
income exceeds $500 and does no
exceed $4,000.
"rhree per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does moi
exceed ti2,500.
-Four per centum per annum upon
the amount by which the total net
income exceeds t12,500 and does not
exceed $4,000.
Five per centum per annum upon
the amount upon which the total net
neome exceeds $4,000 and does not
exceed $4,000.
six per centum per annum upon
he amount by which the total net
ncome exceeds $4,000 and does NOT
not exceed $4,000
Eight per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed 100000.
Eleven per cent per annum upon
the amount by which the total net in .
come exceeds 100000 and does not
exceed $4,000.
Big TAX is CHARGED ON LARGER
INCOMES.
Fourteen per cent. per annum up-
on the amount by which the tolAl
net income exceeds SS0.OO0 and does
not exceed 100000.
Seventeen per cent. per annum upon
the amount by which the total net in
come exceeds 100000 and does not
exceed S150.000.
Twenty per cent. per annum upon
the amount by which the total net
income exceeds si50.000 and does not
exceed $4,000
Twenty -four per cent. per annum
upon the amount by which the total
net income exceeds 100000 and does
not exceed t2500O0.
Twenty per cent per annum
upon the amount by which the total
net income exceeds S250,000 and does
not exceed 100000.
Thirty per cent. per hnnum upon
the amount by which the total net
income exceeds 100000 and does not
exceed $4,000.
"Thirty-th per cent. per annum
upon the amount by which the total
net Income exceeds S50000
IS. The taxes imposed by Sec
tions and 2 OF this act shall
be computed, levied, assessed, col
lected and paid upon the same basis
and In tho same manner as sbt
similar taxes imposed by section
OF such act of Sept. s, 1915, ex-
cept that In tho case OF tho tax
imposed by section OF this act
(a) the exemptions provided in sec
tion OF such act OF Sept. g.
1916. shall be, respectively, Sl.0eU
and $4,000, instead OF $4,000 and
- 900. and (b) the returns required
under Subdivisions (b) and (e) OF
section OF such act shall be re-
quired In the cases OF net incomes OF
$1,000 or over. instead OF $4,000 or
over. as therein provided. and (c) the
provisions requiring the normal taA
OF individuals to be deducted and
withheld at the source OF the income