The Barre daily times. (Barre, Vt.) 1897-1959, 1918-03-06
MUST PAY BEFORE JUNE IS.
u. s. Government Income Taxes Are 10
Be In on That Date.

u. y, Government ihSome AsN's nv ~
BE In on That Date.
Washington, d. G.. March 0.-John NJ,
Goldbonds name is hetional but
there are quite few John Ms. IN the
United States-this year will pay AN IN,
come tax Of 81 500 $50, John Ms. in
come for 1917 was Sa,000,O00.
John %. Smithkins ALSO nctional-
will nay $40. Smithkin's Income Tor lbli
was So 500. Both are married.
This is an illustration Of the operation
of the income tax provisions OF the war
revenue act of Oct. 3, 1917, and the act
Of Sept. \. 1910, which preceded II and
which remains In force.
The normal rate of tax under the act
of 1917 is 2 per cent on the net Income
of unmarried persons in excess of 81 600
and ON the net income Of married per
sons In excess of $1,000. Under the 1915
act the normal rate is per cent on the
net income of unmarried persons in ex.
cess Of $1,000 and on the net income of
married persons in excess OF $4,000. An
extra levy or surtaN ranging from ! per
cent on incomes between 5000 and ST.
500. 10 80 per cent on incomes in excess
of 81 100000, IL imposed by the act OF
1917. The act OF 1915, in addition TO the
normal tax. imposes surtaN ranging
from per cent on incomes between
10000 and $4,000, TO ~ per cent on in
comes in excess of s2,000.OoO.
John NJ. will pay . per cent on his in
come in excess of 81 1000. 2 per cent on his
income in excess of $4,000, 90 per cent on
his income in excess Of Sl000,000 and
- per cent on his income in excess of
50 900 600 Smithkins will pay 2 per
cent ON his income in excess of $1,000.
The income tax, as thus shown, is no
longer rich mans tax but levy so
graduated that every person is assessed
according TO his income. Last year 500
900 persons paid an income tax. This
wear the number will be more than
q .O00,0 600
The estimated revenue TO be collected
under the war revenue act OF 1917 Is
81. 800. 600 900, of which 660,0O0,000 is in
income taxes. Every unmar-
ried person who made 500 a week or
more and every married person who
made $40 a week or more is assessed.
Returns are required of unmarried per
sons whose net income for tho calendar
wear 1917 was 81 900 or more and of
married persons whose net income was
81 900 or more.
The commissioner of international rev.
cnue,. with the approval of the secretary
of the treasury, has extended the time
for filing returns from March ] TO April
|. 1918. This affords the taxpayer am
Pile opportunity, but to delay until April
, renders the delinquent subject to a fine
Of not less than $50 nor more than 81 900
and an additional assessment of so per
cent of the amount of tax due.
Blank forms may be obtained from
collectors OF internal revenue or from
revenue officers who are visiting every
county in the United States to assist
taxpayers in making out their returns.
The services of these experts are offered
without cost The location Of their Of
fees may be obtained on inquiry from
collectors, banks or postmasters. The
return must be filed with the collector of
internal revenue of the district in which !
he taxpayer lives or has his place OF
business.
Payment must be made on or before
June Is, 1918. The penalty for failing
10 pay tax when due is an assessment of
per cent of the amount unpaid, plus |
interest at the rate of per cent month |
Turing which it remains unpaid. For
making a false or fraudulent return, the |
penalty is fine not exceeding $1,000 or |
not exceeding one years Imprisonment, |
lr both in the discretion of the court, !
md, in addition, 100 per cent of the tax
,vaded.
The man who thinks to evade the in
'ome tax is storing up for himself trial
ind tribulation. The government has |
numerous ways of checking up delin-
Iuents One is thorough the ''informa-
ion at source" provision of the act of +
OH which requires every employer to
lie with the commissioner of internal
evenue a report of payments of $500 or
more paid to each employee during the
year l9l1. II is estimated that
he number of such reports filed will be
% 900 900
The bureau of internal revenue,
through various agencies, has endeavored
o inform taxpayers everywhere of the
equirements of the income tax laws.
ignorance of the law cannot be accepted
8 an excuse. To the tax dodger" who
seeks to evade his just share
i the war burden no consideration will
'e given. Fortunately for the self-re-
pect of the American nation, the bureau
) anticipating few such cases. The bu !,
eau has ample and conclusive proof that
hese taxes for the support of the war