Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1918-08-05
Professions T FdrniSh Less Than
10 Per Cent of Revenue to
Government, According 10
Treasury Figures,
GREATER THE INCOME
HEAVIER Is THE TAX
Report Shows. That Married
Men Have Nearly Five Times
Wealth, Single Men Have;
Women Are Factor.
tsr 1oss,ro JoussAt SPECIAL LEASED wssi

tsN MORNING JOURNAL SPECIAL LESsEp wIRGl
Washington, Aug. 4-Of the $173,-
000,O 900 personal income tax collected
for the fiscal year 1916, investors and
spectators in all fields shouldered
just one-third of the burden, labor
.086 per cent of it, and the remaind-
er came from the multitudinous ranks
of those whose incomes were classed
as derived from business and ''serv-
ices"
Embraced within the latter classes
is every calling from that of banker
to the farmer with scant acre, and,
in the profession, from the practition-
er fof international law to the modest
chiropodist.
Ten Over Five Million.
Ninety per cent Of the total tax was
derived from those fulsome incomes
of more than $4,000, and 1866 per
cent from those of the $4,000 class
and less, although tne latter consti-
tuted more than a third of the total
437,00 returns. The highest average
rate Of tax actually paid upon net in
come subject to tax was 1919 per cent,
which fell upon the highest income
class of Sc, 100000 and over. only ten
individuals, however, bore the burden
000, 600 to the total tax The average
rate of tax paid declined through the
income classes to a minimum of .2S
per cent for the $4,000 to $4,000 class.
Although incomes of $4,000 and
more constituted only 1.5 per cent of
the total number of returns, they paid
nearly three-fourths of the total tax.
property Tax High.
Property" income from stocks,
bonds rents, royalties and all money
working sources-constituting nearly
one-half of the net total of S6,000,000
reported, even in the face of the ex-
emption of all dividends, amounting
to exactly a third of the total net in
come returned, bore nearly its pro-
portionate one-half of the total tax
because of the much higher proportion
of property income in the returns
of the higher income classes, paying
the heavier rates of tax. Incomes from
business and Service" footed the
remainder of the tax bill
As an evidence of the inducements
to thrift in matrimony. the returns of
married men, making due deduction
Tor JOINT returns of husband and wife,
indicated their wealth at fibe MINES
mat OF single men as shown )by their
returns, the former bearing c6rre-
spending burden Of the tax except for
exemption in the $4,000 to $4,000 class
amounting to about 8 per cent OF their
total income reported.
Women's Incomes Noted.
Although for the country at large.
the returns of single men were dou-
BILE those of single women, the six
New England states were a conspicu-
Gus exception to the rule. The total
income reported by single men in that
section exceeded by barely Is per cent
the total income of single women.
bearing testimony to either the appar-
ent independence and earning capa-
city of the New England women or a
reluctance to share inherited riches
in matrimony. The District Of CO.
lumbia and Hawaii were also conspic-
uIous in that respect. showing about
equal returns for single men and
women.
striking eccentricity in the report
Is the return in the skilled and un-
skilled labor class of twenty-five in
comes above the $4,000 mark, five
of them being about 100000. Two
hundred and eighty labor returns were
above $4,000
Drummers Pay High.
Four commercial travellers showed
incomes of 100000, as did two sa-
loon keepers. one professional sports
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