Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1917-10-17
STUDY It Carefully FOR It MAY
AFFECT YOU MORE THAN YOU THINK

the amount by which the total net
income exceeds $500 and does not
exceed $4,000;
Three per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed Sl2.500
Four per ceutum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed $4,000;
Five per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed $4,000;
Seven per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed $4,000
Ten per centum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed 100000;
Fourteen per centum per annum
upon the amount by which the total
net income exceeds $4,000 and does
not exceed $SO.OOO
Eighteen per centum per annum
upon the amount by which the total
net income exceeds $4,000 and does
not exceed 100000:
Twenty-Five per centum per annum
upon the amount by which the total
net income exceeds 100000 and does
not exceed $150.OO0:
Twenty-Five per centum per annum
upon the amount by which the total
net income exceeds $l5O.0OO and does
not exceed 100000:
Thirty per ccntum per annum upon
the amount by which the total net
income exceeds $4,000 and does not
exceed s250,OO0:
Thirty-four per centum per annum
upon the amount by which the total
net income exceeds S250,000 and does
not exceed 100000:
Thirty-seven per centum per annum
upon the amount by which the total
net income exceeds 100000 and does
not exceed 100000;
Forty per centum per annum upon
the amount by which the total net
income exceeds $500 900 and does not
exceed s750,o00;
Forty-five per centum per annum
upon the amount by which the total
net income exceeds s75O,OOO and does
not exceed $1,000, 900.
Fifty per centum per annum upon
the amount by which the total net
income exceeds 100000.
otCtlO1 IS. tndt tne taNeS imposed
by sections one and two of this
act shall be computed. levied, assessed,
collected. and paid upon the same
basis and in the same manner as the
similar taxes imposed by section one
of such act of SEPTEMBER s, 1916. ex-
cept that In the case of the tax inn
posed by section I of this act (a) the
exemptions of $4,000 and $4,000 pro-
vided in section of such act of Sep
! tember s, 1915, as amended by this
act, shall be, respectively, $1,000 and
$4,000, and (b) the returns required
under subdivisions %, and (c) of
section s Of such act as amended by
this act shall be required in the case
of net incomes of $1,000 or over, in
the case OF unmarried persons, and
$4,000 or over in the case of married
persons, instead of $4,000 or over, as
therein provided. and (c) the provi-
sions Of subdivision (c) of section 2
of such act, as amended by this act,
requiring the normal tax of individuals
on income derived from interest TO be
deducted and withheld at the source of
the income shall not apply to the new
per centum normal tax prescribed
in section 1 of this act until on and
after January 1, 1918, and thereafter
one one per centum normal tax shall
be deducted and withheld at the
source under the provisions of such
subdivision (c), and any further nor
NAL tax for which the recipient of
such income is liable under this act
or such act OF September s. 1916. as
| amended by this act, shall be paid by
such recipient
! Section 4 That in addition to the
tax imposed by subdivision (a) of
section o of such act of September s,
1916, as amended by this act, there
shall be levied. assessed. collected. and
paid like tax of per centum upon
the income received in the calendar
year 1917 and every calendar year