The Prince George's enquirer and southern Maryland advertiser., 1922-12-08
.S.TAX RECEIPTS
FOR FISCAL YEAR
Principal Falling Off in Revenue
Due to Shrinkage in Incomes
and Profits.
DECREASE is S1,3e7,9o5,878
Total Paid Into Treasury s3,5e5, 1857 ,o61,
or 80 Per Cent slump-New York
Leads States With S527 ,695, ,268;
Pennsylvania Pays S245, ,7ss,os7.

Washington.-Fede tax collec
tions for the fiscal year ending June
80, 1922, fell off almost s1,400,000,0 ,0OO
or 30 per cent as compared with the
previous year according to the annual
report of the Internsl Revenue Bu
reau issued by Commissioner Blair
Income and profits taxes collected for
the year showed a decrease of 81, ,141,
OO0, 900, or 35 per cent.
Total tax collections for the year
aggregated $3,197 ,451 1,0S3, compared
with S4,595, ,357 ,O61 for 1921, while in
come and profits taxes for 1872
amounted to $2,OS6,91S, ,464, against
$3,22S,137,673 the previous year.
Miscellaneous collections arising
from taxation other than that on In
comes and profits amounted to s1,11O,
632,61S for 1922, decrease of S256,
6,77O, or 10 per cent, That slump
Mr. Blair declared, was accounted fo1
mostly by the repeal or reduction IN
rates of various taxes provided for in
the revenue act of 1921, effective Jan
uary 1, 1922.
The net expenditure for collecting
taxes for 1922 was $34 4,2s6,651, which
was equivalent to SLOT for each S1OC
collected as compared with seventy
two cents for each 500 the previous
year.
Incomes Shrink
"The difference in the relative cost
1Q21
and 1922" Mr. Blair said, sis due
mainly to the large reduction in the
revenues of 1922 incident to the
shrinkage in business and incomes
the repeal of certain miscellaneous
war taxes and various provisions OF
the law such as the amortization oi
wartime facilities and the increase II
Individual exemptions contained in the
revenue act of 1921, with the conse
quent reduction in the income ta1
liability of corporations and individ
uals."
OF the various revenues, tobacco
and fermented liquor taxes only
showed increases over 1921. Collec
tions, other than income and prof
taxes, for 1922 as compared with the
preceding fiscal year were:
Distilled sprits,. including wines
S45,563,OO0 against $82,598,O00; fer
mented liquors, $4,000 against s25,000
tobacco manufactures, $270,759,OO'
against S255,219,0O0; oleomargarine
s2,121, 900 against s2,9S6,OOO; capita
stock tax, including other specia
taxes, $50, $4,000 against S91,2S1,OOO
miscellaneous including war excise
taxes since 1917, $6S6, 900 agains
s914,227 900 and sales of internal rev
enue stamps by postmasters, S14,616,
900 against $2O,SS0,000.
Approximately 1,250,000 income tai
returns are received in Washington
annually, Mr.. Blair reported. In the
last fiscal year 954,731 income ant
excess profits returns were audited
of which 717,879 were Individual ant
partnership returns and 236,S52 wer'
CORPORATION returns. On audit, with
out field examination, $22,736,0 900 addi
tional tax was assessed on ind1v1dua
and partnership returns. Revenu'
agents reports on 24,S6S individua
and partnership returns were re
viewed in Washington in the year
and $2S,S85,00O in additional tax as
sessed, while review of 14,0SS corpora
ton reports resulted in an additiona
assessment of $78,717,OOO.
Of 1877 ,405 claims adjusted, tota
of 139,631 claims involving $1S2,371
900 were allowed and 27,774 tnvolvin,
$3.50, ,1O7, 900 were rejected. In the pre-
ceding fiscal year 135,637 claims in
voiving s467, $4,000 were received.
"Dry" Unit Reorganized
A complete reorganization of tn
activities of the prohibition unit wa
effected, resulting in greater eficienc,
and expedition in the handling o
work, Mr. Blair reported. A total O
2O36 cases covering violations of tn
prohibition laws was reported by tn
new force of general agents, an
taxes amounting to $19,716,000 re
ported for assessment.