New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1917-10-14
Normal Income
Tax, NelU

Every unmarried mar and every IN
married woman in the United States
who earns in wages, salary, profits, in
terest or rent. or in any other way,
more than $1,000 during the year 1917
muss pay 8 tax Of per cent upon al
income over $1,000.
Every married man and every mar
ried woman, or head Of family. who
earns or receives any kind Of income
amounting 10 more than $4,000 a year
must pay q tax Of per cent upon all
income over $1,000.
II you are an unmarried individual
and earn more than S3.25 a day, or
more than $50 q week (Which is more
than $1,000 a year,, you will have TO
declare the amount Of your income for
this year TO the Collector Of Internal
Revenue. The excess over $1,000, in
case you earn only $50. will, of course
be small.
II you are q married individual, or
head Of family. who earns more than
$40 q week whether there be children
or not), this being more than $4,000 a
year. you will have to pay on all over
$4,000. II you are a married person
and earn over 81 900 year, even though
obviously not taxable, you will have TO
make a report.
An individual who has a 1917 in
come Of $4,000. whether married or sin
gle. escaped the income tax Of 1916.
But this individual, if unmarried. Will
this year have TO pay tax Of per
cent on all over $1,000, which in this
case would be $1,000 excess. calling Tor
o tax payment Of $40. II married
whether there be children or mott,
the individual earning $1,000 will have
$4,000 exempted. leaving $1,000 TO be
taxed at per cent. making a 1917 tax
Of $50.
The income tax laws Of 1916 and 1917
IN all their schedules are complex. But
the only portion that concerns individ-
uals not in business) who have in
h comes Of $4,000 or less. if unmarried,
\ and Of 81 900 or less, if married, is this
simple clause a. Section 1, Title l, war
revenue act, 1917:
There shall be levied. assessed, col
lected and paid like normal tax of
. per centum upon the income Of
every individual. a citizen or q resi-
dent Of the United States. received
in the calendar year 1917, and every
calendar year thereafter.
Section (a) The exemption shall
be $1,000 and $4,000. respectively.
The distinction in the exemption be-
ine unmarried and married)
This new taxable class Of individuals
learning above $1,000, but $4,000 or
less. II unmarried. and $4,000 or less,
II married) will find their cases illus
trated in Table A
Net income includes all income. even
profits on real estate sale. compensa-
ton Of whatever kind, tips, fees,
dividends, profits In business, income
from estates, rent, etc. Persons who
earn only $3.50 day. for example
(which is $3.50 year,. and who in ad-
dition receive $500 in profit on stock
or realty transaction. will. II unmar-
ried. find themselves in the taxable
class. as their incomes will be in eX-
cess Of $1,000. And they are required
70 make return accordingly TO the col
lector.
This normal per cent war tax OF
1917 is levied upon individuals. no mat
ter how large their income. Vincent
Aston. married. is allowed the $1,000
exemption on his taxable millions, pre-
ciselv as is the married man whose net
income is only S200l. All other forms
OF the income taxes, surtaXes, excess
profits tases and munitions taxes are
levied, in addition 20 this general IN
come war tax.
U-NOrn7o. income
Tax, Old