Perth Amboy evening news., 1922-06-16
BIC INCOME
TAX STATE
Paid q Per Cent. of All Fed
eral Income Taxes
Collected
BY GEORGE H. MANNING
washington Correspondent of the
Perth Amboy Evening News.)

C I've
WASHINGTON, June 15-The
state of New Jersey paid more than
four per cent of all federal income
taxes collected for the calendar year
1920, ranking eighth among the
states in the amount paid, 1t is
shown in the statistical report of
Acome taxes for 1920, made public
bday by internal Revenue Commits
sioner Blair.
The states of New York. Pennsyl-
vania. Illinois. Massachusetts. Ohio.
California and Michigan paid more
federal income taxes, in the order
named, than New Jersey.
In New Jersey 296,9Sa income
fax returns were made or 4.0S per
cent of the total of the United
States: the net income reported was
s~977.S53,627 or 4.12 per cent of the
total of the United States, and the
tax paid was s43.275.477 or 4.03 per
cent of the total paid for the whole
country.
Interesting figures on total num-
Der of returns made. the amount
of net income. the amount of the tax
paid for the calendar year 1920. n
the -four preceding years are also
given.
The total number of personal re-
turns filed for the whole United
States for the calendar year 1920
was 1853, 904, while the total
amount of net income reported by
these returns was s2~3,735.629,1S3 "
The total tax paid including nor
NAL tax and surtax amounted to
$1.075,053,6S6 AS compared with
the year 1919 the figures show a
growth of ~1,927,1S4 in the number
of returns filed and an increase in
the total net income reported
amounting to s3.S76.137,735, but a
decrease of $194,576,41S iE the total
tax.
The average net income per re-
turn for 1920 was s3,268.40 and h
average amount of tax was $14S.O8.
making the average tax 4.53.
In New Jersey with a population
I 3%.155.900 in 1920, 9.41 per cent
Of the population filed tax returns.
! The average net income per return
for 1920 was S~3.292.56, and the av-
erage amount of tax returned was
$145.71. The per capita income
tax FOR New Jersey amounted to
1871.
Comparative figures on the pro-
gress made in the amount of income
tax returned in the period from 1915
to 1920 are also shown. In 1915
only 1901 persons in New Jersey
filed income tax return representing
n net income of approximately
$254.000.0 900 ,on which the amount
of tax paid was s5,545,231. In 1917
the total number of returns made
amounted to 134,960, which repre-
scented a total income for the year
of 1921, 042,424 and a total tax of
$25,710,042. For the year 1918 the
Total number of returns filed in
Acreased to 1S5,704, and the amount
of net income represented was 1858,
r112,589. The tax paid for the year
amounted to $43,109,64S.
During 1919 the number of per-
-sonal returns filed in New Jersey
reached 251,757 and the net income
represented amounted to SS2S,42S,-
67?. The tax yield for the year
amounted to SAT, 321,422.
Simple and cumulative distribu-
fion of personal returns by income
classes for the calendar year 1920
were also given for the United States
as a whole.
The number of ~"millionaires' in
the United States, as shown by the
report were in excess of twelve
Thousand, as shown by the number
of individuals filing returns with in
-comes of $780, 600 or more annually
persons having incomes reaching
mis- figure are reported to have
property, the value of which exceeds
one million dollars, 1t is said.