The Washington herald., 1922-06-14
Million Dollar Ones Drop
From 65 to 33 as De-
preston Result.
WAGE FARMERS
TAKE UP SLACK
More Returns Filed and
Far Greater Amount
Than in 1919.

Residents of the District of Co.
Iumbia paid income taxes aggregat-
ing sS.536.632 on a total income OF
S2OS.3SS.1T4. according to a pre-
liminary survey of personal income
statistics for that year by the Bu-
reau of Internal Revenue.
The business depression begin
ming in 1919 took its first toll from
the individuals in this country
earning Sl.OOO.OO0 a year or over.
it is now disclosed by the Bureau
of Internal Revenue.
The survey just completed by the
bureau discIoses that this unique
class has been cut from sixty five
in 1919 to thirty-three in 1920. and
the slack has been taken up largely
by the wage Garner who rates posi-
tiOn in the $1,000 to $4,000 class.
Losses Began at Top.
Although no statistics of the
high cost OF living accompany the
survey to show what became of
the miIIion-dollar mans income or
that of the wage Garner. neverthe-
less. it would seem the depression
which gained momentum in 1920
w SdH II dA NAlE NOPf SAeAS'A4AAAs e-SeN4ANiN
incomes out of all proportion to
less prosperous classes. and perco-
lated through the earnings of the
remaining 7,259.911 persons making
income tax returns for the year.
\ comparison of returns for these
two years-the latest available for
income tax statistics-reveals p
consistent practice Of taking 1t
out on the fellow below"
Despite these earmarks of busi-
ness depression. the total amount or
net income reported by these re-
turns was s23.I35.629.lS3 The tax
Cnornal and surtax) amounted to
s1.O75.O53.sS6. As compared with
1919 these figures show a growth or
I92TlS4 in the number of returns
filed and an increase in the total net
income reported amounting to S3.-
S7s.13T.T35, but a decrease of Sl94,-
5T6.4lS in the total tax.
wnge-Earners Gain.
The marked change. however. may
Re discerned in the increase of the
wage-earner class. IN 1920 this
class represented - per cent of the
total returns and in 1919 65 per cent
Of the total-an increase of some
l.ISO,OW persons
A further index. perhaps. of the
depression's toll is revealed in the
fact that in 1920 the percentage of
the total net income represented
bv Joint returns of husbands and
wives. with or without dependent
children. was So. In 1919 it was
nearly 81. However. the amount Of
income for this class of returns in
1920 was nearIy $4,000. 100000 or
approxi imately sl,OOO.OOO,O0O over
than that Of 1919
New York Heads List.
New York. State returned the larG-
est amount S2S6.607. $50 on an in
come of s4O@O623. sos. which repre-
sented 1855 per cent of the total in
come and returns for the United
States Pennsylvania was second
with a tax return of s11s.750,9S9 on
an income Of S2,212.17S,0 ,029. which
represents 11.O5 per cent of the ma
tionaI total. Illinois was third with a
return Of sS5.4O9,2O3 on an income
Of S1.S36.956 942. representing 7.93
per cent of the total. The smallest
returns. excepting Alaska. were made
by Nevada, representing but .O4 per
cent Of the national total. or s390.0IT
on an income of S25.337,934.
California returned $50. .447.5o5. on
an income OF $1.329. .O06,594. repre-
sentins 4.69 per cent of the total.