Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1921-01-31
One Per Cent of All Who
Made 1918 Returns Paid
66 Per Cent
MADE OVER s225,ooo
Number of Such Fewer Than Year Be-
for-Nlany More in Class Above
$1,000. III re- sens X -fcrrrd

Washington, Jan. sl.-one per cent
Of those who paid personal income
taxes in tine calendar year 1918 turn
ed into the Federal Treasury sc per
cent. Of all the personal income tax
es of the year.
This statenen. comes from Edward
White, head of the statistical division
: OF the income tax unit in the Trea-
sury Department.. The per cent. from
whom the Government got the hons
share Of personal taxes for the 1918
year were those with incomes in eN-
cess Of $4,000 year. Mr. White alp
stated that their net, incomes were
II per cent.'cf the total.
Yet, there were fewer persons re-
ported incomes in excess OF S25,0VO
for the 1918 year, Mr.. White stated,
than for the preceding year. There
was fall-off in 1918 in the number
Of incomes between 81 900 and $1,000
reported, a very large increase In the
number between $1,000 and $4,000
reported, and again a faH-off, heavy
one, in the lumber of incomes above
$4,000. For 1918, Mr.. White said that
CAST fewer incomes in excess Of $25,-
900 were reported than for 1917.
.nursuing further the decline in the
number of large incomes, although
they paid the Government two-thirds
of the total taxes, Mr.. White fun1-d
that those with incomes Of 500, 900
OF more reported an aggregate de-.
crease in net income Of SUI ,000, 900.
OF that decrease, 70 per cent. was
due to falling off in dividends; IN
1erest on investments accounted for
~ per cent. of the decrease. and
rents and royafies. for 2 per cent.
Salaries, fees and commissions show
e.tsdecreaSes wkeh further account
ca3far TIE drop:
Mr. White discovered many signs of
widespread prosperity among per
sons Of relatively small incomes The
number reporting inrones hetwee..N, =,
$1,000 and s25. 600 increased 10s3,-
coo, or to a tctal Of 2,S49, 900, and the
csass as. a whole oecame an .mpcrt-
ant factor in the investment flied. In
the Classes reporting incomes in ex-
cess Of $4,000. dividends fell off
$3.50 900, ,D0o, while in those report
i1nr irrpnes Of Less than SIC, 900 d.
viden1ss increased slSa a.o0O, 900, Smi-
larH, the big incomes Class reported
decrease OF $50 0,O00, 900 in interest
on investments, while the little class
reported an increase Of S406. .000, 900.
Taking the returns for the 1918
year as a wfxAe-with 4,425,l14 per-
sors reporting net income Of l6,0oo,-
100000. and paying an income tax Of
$l,lo7. .72l ,sS5-Mr. White found many
evidences of healthful condition.
Hai Of the income came from saSar-
les and wages; and business yielded
another quarter. In other words, per
Sol.al ersleavor, as distinguished from
investment returns, p,odaced $4,000,
100000 Of the income reported in
1918, uearIy three -fpu1ths Of the
whole.
In these returns from personal en-
desvor, agriculture and related work
! made good showing. Reports were
made by $4,000 persons. or 9 pc,
cent. of the total, and their income
was sl.o3, 100000, or about Z pc,
cent. Of the total for the year. Mr.
\ White also found that the agricultural
ara related industries ircomes wer'
80 per cent. Of the total number 0.
business incomes reported.