Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1920-07-27
S5,410,2S4,S74 Taken In for
Fiscal Year Ending
June 30.
ALL RECORDS SMASHED
BY ABOUT s30O,OO0,0oo
Revenues Derived From In
comes and Excess Profits
Foot Up $3,e44,555,737.
HUGE LEVY ON WALL STREET
Contributed $f,135,O07,4o3 OF
New Hork's S1,416,O30,276.
Virginia Paid $6O,312,34S.
LRY Assoclatnd prnsa1

tBy Associated Press.l
WASIIlNGToN. July 26.@The ma
tons greatest tax bill-S5.410.2S4,-
S74-was collected during the fiscal
GEAR ending June 30.
Official figures tonight showed that
the tax paid in the last twelve
months had exceeded all estimates,
congressional and official, by APP
proximately $3o0,O00.000, and was
nearly IS per cent larger than the
total OF taxes paid In either Of the
war years of 1918 or 1919. Tho 1918
tax levy yielded s3.694,6l9.63s. ana
the taxes in 1912 aggregated $3.50
e50,6lc.
Collection OF this record breaking
assessment cost the government S2o.-
100000. or about 90 cents for each
500.
Revenues derived from income and
c1ccss profits taxes alone were $3.-
944,555,137, for the twelve months,
which is nearly SI.250.O00. 900 larger
than collections made from tho SANS
sources In either OF the last two
years. An increase for this year also
was shown in the receipts from mis-
cellaneous taxes which brough. in
sl.466.729.1a6. These taxes totaled
s1.243,94i.9O9 and Ss55,59l,7OO for
1917 and 191S. respectively.
New York Holds Lead.
New York State continued to main
tain it's record Of leading the nation
as taxpayer. It's tax burden
amounted to Sl,416,939,o76. or this
amount ;l.ls5,o97,4oa came from. the,
| financial heart OF America. tho Wall.
Street district.
Tho Chicago district pnid all but
S4O,3l5,75S OF the total Illinois taxes
OF sii2.233.070. Next following Illi-
nois was Ohio. with taxes of ss7a,-
3l9'54s. and Massachusetts with
Sa5O,o2s.c33.
North and South Dakota, both in
one collection district, were called
unon to pay only $9.54l,6s3 from their
combined areas and. with the exccp-
tion of the Philippine Islands, were at
the foot of the list.
Total collections by States or by
groups OF States in cases where more
than one State comprises n district
were announced as follows:
Alabama and Mississippi, S2s,56o.-
sSS; Arkansas. Si2.2S3.ST7; California
and Nevada, Sl79,749.SO5: Colorado
and Wyoming. S3s,56s,496: Connecti-
cut and Rhode Island. Sl51.3ls,76l:
Florida. Sl5.aa653s; Georgia. $4e.-
0e5.7e2; Hawaii. s11.927.5i5; Illinois,
Sfi2.2a3,o7o; Indiana. S73,6os,7Ss:
IOWA, Sa9,o19,37S; Kansas. $40,63o,-
49, Kentucky. Sl7,793.o22: Louisiana,
sso'9Si'32a: Maryland. Delaware and
the District of Columbia, s12o,752.-
49,; Massachusetts,. s35o.92s.233. ana.
~ n n
Texas Leads in South.
minnesota turned In s76,997.4o1:
Missouri. sl4s,6O9,325; Montana. Idaho
ana Utah, $2o,7S7,74l; Nebraska. s24,-
-li'oo; New Hampshire and ver-
mont. S4l,5s6.65l; New Jersey, S15s.-
oo''1St' New Mexico and Arizona, SS.-
'so'-sS' New York. s1,416,939,376;
North Carolina, si69.2O6, ,Oo7: North
ana south Dakota, s9.5i1.6s3: Ohio.
t''-'Sls'5iS; Oklahoma, S25,595,os4;
oregon. S27,26t.123; Pennsylvania.
s"55.725OS6; South Carolina. 3as.s5a.
ofi: tennessee. S36.l3S.127; Texas.
sioa,oo4's6o; Virginia. ss9,sl2.s4s;
ashington and Alaska. s42,179.655;
West virginia. ssa,332.3S3; wiscon-
Sl.425.47S.
The post-omce sales OF internal
revenue stamps eleven months,
totaled $22.53S,55I.
'irEinins Contributions.
virginia, as whole, contr,hu,a,,
nearly sTo,oo0,O00. In tho second
virginia District a total of $23.ssasss
was collected from incomes and prof-
MS and S2S.ll5,441 from miscellaneo
taxes. In the Sixth District a total
oi Si''. es''a2 was collected from prof-
l's ana incomes and s3.734,e69 from
miscellaneous taxes.