Newark post. (Newark, Del.) 1910-1969, 1918-05-08

to expend for good roads. When
the state income tax law was pass
ed in 1917 a companion bill was
passed providing how the revenue
from the income tax should be ex-
pended. The largest portion of the
revenue will be used for the bene-
fit of tn public schools, the major
ity of which stand greatly in need
of financial assistance. The law
provides that S250,00O shall be de-
voted to the schools, and the re-
mainder to go to the Highway De-
partment. The companion law is
as follows:
THE total amount of money
raised each year, and from year to
year, by an act entitled An Act to
Amend Chapter Of the Revised
Code of the State of Delaware, by
Providing for an Income Tax be
and the same is hereby appropriate
ed annually as follows:
$4,000 of said money for the
benefit of the public schools of the
state, and all the remaining money
received by the state treasurer
under said act is hereby appropri-
ated annually to and for the uses
and purposes of the State Highway
Department, and shall be credited
by the state treasurer to the State
Highway Department, and shall
be disbursed by him as other
moneys appropriated for the uses
Of the said State Highway Depart
ment, as provided in an act entitl-
ed An Act to Create State High
way Department, Establishing a
System Of State Highways, and
Providing for the Improvement
and Maintenance Thereof, and the
Appropriating and Borrowing Of.
Money Therefore,"
In addition to the revenue from
the income tax, the State Highway
Department will receive this year
all but $4,000 of the money re-
ceived by the state treasurer from
the registration of motor vehicles
and the licensing of operators
thereof, and after this year will
receive all Of the revenue derived
from motor vehicles, which will
amount to several hundred thou
sand dollars.
With such a large amount of
revenue available annually for
good roads, there is no reason why
Delaware should not take a place
in the list of states with the best
roads in the country, instead of
being notorious for its miserable
highways as at present.
The state treasurer is now send
ing out bills for the income tax.
The law provides that all taxables
must be notified of the amount they
are assessed not later than June l
! Of each year, and the amount due
/ shall be paid to the state treasurer
/ 4LOl 4alC- LildIl d uIG IL. oI ali IN
! come taxes due and unpaid after
June Is five percentum will be add
ed, and interest at the rate Of one
/ percentum per month for the time
it remains unpaid.
While the state treasurer's office
would not, Of course, give out the
names Of the largest income tax
payers, it is known that some
citizens will have to pay consider
able sums.
When the government tax on
charters went into effect it was be-
lieved that large portion of Della
wares revenue on interpretations
would fall off and that the income
tax revenue would take its place.
There has been no noticeable fall
ing off Of interpretations, however,
therefore the additional revenue
from income tax will be clear gain,
and will add greatly to Delaware's
financial standing and will enable
the state to place its schools and
public highways on a plane with
the best in the Union.