The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1918-01-04
MAT IS YOUR IN.
CONE this YEAR
All Single Men Making $3.50
Per Day Must File
Report.

What has been your income this
year? If you don't know, you a
better get busy and find out, for
Uncle Sam wants to know. He has
got a big war on his hands and it
takes money to run it. 1t is your war,
too, and he expects that you will be
ready and willing to pay your share.
The income tax for 1917 is going to
affect a great majority of the wage
earners of the country and each man
{ should know what he has earned Tor
the year. If you are a single man and
your income is more than $1,000 a
year you must pay a tax. If you are
a married man and your income is
more than 1000 you must pay a tax.
Uncle Sam figures that if you are
single you are entitled to $1,000 a
year for living expenses and if you
are married he feels that $4,000 is
just enough to take care of yourself
and family without giving him any
to help win the a He is putting it
up to every man and oma in the
country to do something.
You will not pay a tax if you are
single and receive only $1,000, or
married and receive only $4,000. But
you will pay a tax on everything above
those sums. Moreover, even if you
are married and you receive less than
$4,000, but more than $1,000 you must
swear to this report. Every person
receiving $1,000 a year must make
a return before March l next as to
what his income was during 1917. The
tax must be paid before June l, 1918.
The man who receives $3.50 a day
if he is single is liable to tax. If he
worked steadily six days a week for
81 weeks he would earn S1.0S2. But
he would not have to pay a tax on all
that sum. He would pay a tax on
1872 only. The tax would be two per
cent Of 1872, or $1.84.
The 500 a week clerk would re-
ceive $1.040 a year and if single would
pay two per cent on $40 or 80 cents.
The single man pays two per cent on
all he receives above $1,000 a year
and the married man two per cent on
all he receives above $4,000 a year.
A single woman must also pay a
tax on her earnings and if a married
woman is a wage Garner must also
pay. If the income received by a
ried persons living together is less
than $4,000 no return or report need
be made to the collector.
Under the old law single men were
allowed an untaxable income of $4,000
a year and married men $4,000. Un-
der the new law a single man receiv-
ing $4,000 a year will pay two per
cent on $4,000 or $40 and the mar
ried man with $4,000 will pay two
per cent on $4,000 or $40. Under the
old law the incomes of married men
were taxed two per cent for all over
$4,000. Under the new law an addi-
tional tax of two per cent is charged.
So the married man with an income
of $4,000 will pay the old tax of two
per cent on 1000, which is the
amount in excess of the old exemp-
ton of $4,000. This would be $40.
In addition under the new law he will
pay two per cent on $4,000, the amount
in excess of the new $4,000 exemp-
ton. This two per cent on $4,000
would be $50. Adding the $40 tax on
$1,000 this makes the $4,000 mar pay
$50 altogether on his income.
The law put an additional tax or a
surtax of n per cent on amounts
over $4,000 and not over 1880. A two
per cent surtax is added above $500
and this is increased with the income.
1t is not only a compulsory re-
quirement of law to pay the income
tax but it is a patriotic duty. To
paraphrase Nelson, "Uncle Same ex-
poets every man to do his duty"
Everyone should begin now to cast up
his accounts and see just what, his or
her income is. The government will
require a full report from everyone,
married or single, receiving more
than S. 1000 a year.