The Dawson news. (Dawson, Ga.) 1889-current, 1917-10-23
INCOMES OVER $1,000
MUST PAY WAR TAX
else SECTION COVERS ALL
ARTICLES FROM AUTOS DOWN
TO TOILET GOODS, ETC.
LITTLE JOKER" JUST FOUND,
The CAUSE OF CONSERVATION
Doubles Tax On Incomes Ranging
From $4,000 Upward. Unmarried
individuals Are Hit at Every Turn.
Big Increase In Postage.

Big increase In Postage.
Have you fully realized the fact
that if you are a married man and
have an annual income of $4,000, or
if you are a single man and have an
income of $1,000 you must make a
detailed return to the government
under the terms of the war income
tax law as passed at the Last session
of congress?
That does not mean that persons
with incomes of this size or less must
pay an income tax, for the minimum
taxable incomes start at $1,000 and
$4,000, but in any event the return
must be made and Uncle Sam given
C u t e information concerning
ones financial condition.
The Unmarried Ones.
The new income tax law provides
for normal tax of 2 per cent. upon
the incomes of all unmarried individ-
uals in excess of $1,000 and upon
the incomes of all married persons
or heads of families in excess of $2,-
600 and graduated surtaxes ranging
from / per cent upon taxable in
comes in excess of $4,000 to so per
cent. upon such incomes in excess of
81, 100000.
The new law also retains in effect
the income taxation authorized un-
der the law of September 8, 1916,
which provides for normal tax of 2
per cent. with exemptions of $4,000
and $4,000 respectively for unmar-
ried and married taxpayers and grad
uated surtaxes ranging from l per
cent. upon taxable incomes in excess
of $4,000 to Is per cent. upon in
comes in excess of $2,000,000.
War Excess Profits.
But there is still another feature
of the income tax law which has on
ly just been brought to the close at
tention of persons affected by the
provisions of the new statute, but
which is causing nothing less than
CONSERVATION. 1t is the little "joker"
section number 209, which authorizes
an additional tax of per cent. on
all incomes in excess of $4,000, ap-
plying in all cases where incomes is
derived either from salaries or from
the proceeds of business where no
capital is employed.
This 8 per cent. war excess profits
tax" will have the effect of practical
ly doubling the tax on incomes rang
ing from $4,000 upward and is caus-
ing much discussion in financial cir
cles.
For all practical purposes, how
ever, this per cent additional tax
is effective and must be taken into
consideration in computing the rev.
enue to be derived from the income
tax measure.
As q concrete example of the oper-
alton of the new income tax law
take an income of $4,000 per year
derived by a married taxpayer or
head of family. Under the old law
there would be no income taxation.
while under the old law a tax of 2
per cent. is levied on the excess of
$4,000, which in this case is $1,000,
making it necessary for the individ
ual to pay tax of $50.
Unmarried individuals with in
comes in excess of $1,000 are sub
ject to the same provisions, with ad-
ditional graduated taxes according to
the amount in excess of the stipulat-
ed 1000 exemption. Many other
sources of revenue are opened
through the operation of special lev
les made upon all kinds of products
such as tobacco, perfumes, CONNER
cial alcohol, etc. This tax became eff
fective October 4th.
Hits the "Colas."
A tax is laid on cigars ranging
from 25 cents to 81 per thousand,
while on syrups for soft drinks the
tax ranges from cents to 81 per
gallon. Cigarette papers are not ex-
empt, being taxed from one-half
cent to / cent per book.
Motorcycles, automobiles, express
shipments, mileage books and cash
fares on railroads, freight shipments,
moving picture films, jewelry, sport
ing goods, chewing gum, cameras and
host of articles of the class com
monty designated as moderate lux
uries are affected by the new revenue
law, which became operative October
4th.
All placs of amusement are like
wise called upon to contribute to the
nations exchequer, although exhibit
tions or entertainments for charita-
BILE or religious purposes are exempt
ed from taxation. These taxes be-
come effective November 1st.
Postage Much Higher.
The new war tax through the me-
dunn of the postal service affects the
public as a whole, an extra / cent
per ounce or fraction thereof being