The Grangeville globe. [volume] (Grangeville, Idaho) 1907-1922, 1918-01-03
Liberty Taxes Due Jan. |;
Affects 7 Million People

Washington, Dec. 81. - The great
task of gathering income tax and ex-
cess profits returns will begin with
the new year tomorrow.
Every unmarried person earning
more than $1,000 during the last
year, and every married person or
head Of a family who made more
than $1,000 must file with the inter
nal revenue collector of his district
a report any time between tomorrow
and March 1. He will be notified be-
fore June l of the tax due, and pay
ment will be due by June IS.
The government expects to receive
$1,2OO,OOOOO0 from income taxes be-
fore July 1, including $685., 100000
from individuals and $685., 100000
from corporations. This is more than
one-third Of the $3,4OO,OO0,OOO esti-
mated receipts under the war revenue
act passed by congress at the last SEES
sion.
From excess profits taxes, the gov
eminent expects to realize about
1920 100000 before July 1.
The rate Of tax for a married man
of the head of a family is 2 percent
on the amount of his net income ex-
ceeding $1,000, but less than $4,000,
and A percent on the amount Of his
net income above $4,000 but less than
$1,000. An unmarried person not
the head of family will pay per-
cent ON the amount of net income
above $1,000 but less than $1,000, and
percent on the net income above
$4,000 but less than $4,000.
An extra levy, or surtax, In addition
to the normal tax, Is imposed on in
comes above $5,OOO so that the
amount of income between $1,000 and
$500 is subject to total income tax.
including both normal and extra, of
percent; and between $500 and
$4,000, 6 per cent. The surtax furth-
.er increases with higher incomes, so
that amounts of $10O0,OOO are tax
able at 65 percent with one percent
additional for each half million up to
two million dollars. All incomes over
the later amount are taxable at 81
percent.
Typical income tax levies on the
heads of families are as follows: In
come Of $500, tax is $40; income of
$1,000, tax is $780, income Of $500,
tax is $50; income of $4,000, tax is
$40; income of $4,000, tax is $50; in
come of $1,000, tax is $50
Unmarried persons would pay in
this way: Income Of $500, tax is
$40; income of $1,000, tax is $40; in
come of $4,000, tax is $50; income of
$4,000, tax is $40; income of $780,
tax is $50; income of $4,000 tax is
$780, income of $4,000, tax is 800
income Of $1,000, tax is $12O
Taxes may be paid in four install
ments between now and June Is, II
this arrangement is preferred, but the
treasury will open a determined cam
paign soon to encourage persons to
pay their tax in full Immediately, and
receive interest on the advance pay.
ment.
A small army of accountants, espec
tally trained for the work in schools
conducted by district collectors for the
past two weeks, will go into the field
beginning Wednesday to assist persons
in filing their returns, and will trave
on pre-arranged itineraries for 8
month or more In addition, fedora
agricultural agents and representa-
tives of state and county councils Of
national defense, have enlisted in thu
campaign of education BY this ex
tensive campaign of education, Inter
nal Revenue Commissioner Ropel
hopes to eliminate the chances of fail
ure to file return through ignoranc,
of the requirements.