Richmond times-dispatch. [volume] (Richmond, Va.) 1914-current, 1921-07-25
YEAR 1919 WAS SEASON OF
GREATEST PROSPERITY

government received from this source
only SlT3,3SG.6gi.
EVEN so. IT - shown by the COM
piliati"h made today that only sixty
I'VE people in America had net In
comes Of SI.0OO.O0O or more in 1919
Tho identity of these largest tax
payers. of course, is not Indicated, not
even the states in which they live
IS shown.
y total Of $50 people had incomes
Of from 100000 to 81 .0O0. 900: 425 had
incomes from 100000 to $500, 900:
] .N6i had incomes from sl50.OO0 to
100000; 2,?s3 had incomes from
100000 to Si5o,0oo. and 1890 had in
comes from $4,000 to 100000. This
group OF taxpayers. 1856. in all.
may II. regarded as millionaircs or
potential millionaircs
one Ia Two Thousand Incomes,
y total of 37.i77 people paid taxes
on incomes from $4,000 To 1000.
many Of whom are near r!llionnircs:
lt2.lN5 paid on incomes from $4,000
TO $4,000: 43S.S5l paid on incomes
from $4,000 To $4,000. I.lS0.4SS paid
on incomes from $4,000 10 $4,000: L.
'6".'ii paid on incomes from $1,000
to S3.oo and l.o24.ST2 paid on Incomes
from $1,000 TO $4,000
New York filed the greatest num-
Der of returns. Il total of GS3.0Sj. or
1881 per cent Of the grand total. Tn"
amount of net income reported by
New York was S3.i3S.3i3.l-?. or 1881
per cent Of tho total. and the tax
paid by that state was SAGA. .i5i.
or 3i.i' per cent OF h g
total Pennsylvania was tho second
state with 53?.lT2 rcturns: an aE-
gr"gatc taxable iucom" Of siS3So22
800. ANA a tax OF si2s,1o5.lGl. or 1910
hcr cent of the total. THESE two
states paid nearly half the total in
come tax Of the country.
y tO:al OF 1858 returns were
mad" by Marylandcrs upon AN aggr"-
Gat" taxable income of S3Sa,G72.I72.
| tn" tax upon which amounted to S22.-
6%n."Si. The percentage OF Mary
landcrS making returns was sea. and
tho per capita net income was
>2'3.lU. Tn" average net income per
return in that state was s3425S2 and
the per capita tax paid by tn. stat"
was Slj.Gl. The average amount OF
tax paid on each return was sl?i47.
Number of Returns Increase.
Their" was an increase I'm the mum.
her of returns filed by Marylandcra
in 1919 over 1918 Of from S7.OS5 To
lii.373. In 1917 the returns MINI
bcrcd G0.a5i aud in 1916 the number
Was ",67i. The aggregate taxable in
S30a,i2l.0g2 in 1915 to S3aS.G72.772 in
1919 The taxable Income OF the state
in 1917 was S253.ii3,2S9. ana in 1916
II was 1921 ,oo?.05i.
Nreiniaus fled incomes tax re-
turns in 1919 To the number OF 1906
upon AN aggregate taxable income Of
| s2i7,G5S,373 and paid taxes upon tina,
amount in the sum of 5000 231. The
| FER capita net income of Virginia was
! Si0..21. while the average net In
| come shown by each return in the
| stat" was S3.2Gol2. rho average
amount of tax per return was
$llS.T4
The number Of Virginia returns In
creased in 1919 over l9bS from 5l,207
| I" 1896 The number OF returns
made in 1917 was 1881. aud the num-
Der made in 1916 was i.19n The az
grcgate taNabl" income OF Nirginians
jumped from si73.i0i.i"5 in 1918 to
S2i7.65S.313 in 1919. Tn" amount i'm
1917 was Sl30.6S2.s5o. and i'm 1916 il
was si2.2lG. iii. Nirginians paid So
o20237 in taxes upon incomes in
! 1919: S5.6Ti.125 in 1918: s3.92o,273 in
| l?li, ana S593,30i in 1916.