The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1922-01-01
TAX REDUCTION
MARKS THE COMING
OF THE NEW YEAR
Many Changes in the
Regulations That AT
feet Pocketbooks of Tn
Gle Sans Citizens.
ny \. l.. RADFORD
u nitcd Press sian CuFrpApnndeu

WAEETNGTpN t.. 10 IA,
w.. 49,. -
'',.''' ''N'
i"i tue p'"pt' Nl ihr ulitd state.
a reduction Of apuroNia "a RELY $3.50
600. 600 % year boo thp Wtuernmenf
ieNies goes into effect 40 tnAa,,tis of
the nation ring I'M q Nc~-Hs lr that
truly liHu ih" ttNuuF"rs viewpoint.
mas Cd Ha9pltr beginning Ihp rlts
iu h"roin" currfiN" iHnu1it uUfrh
the mrs. 'hHnh' 100 l'iDIa| COS lave
since ihr greet WHt rU'rnuu hu' Wl
passed DOB l'IN HUi NruH if into fhH
war treasury clos" Zoo 5000 600 nHn.
decreased usuHt. luH reduced rt'rs
Will cause the bIl rp,.uJIt uuss,d by
romero iu yield only about uu. halt
that umouu DURING OBJ. coming grlr.
The reductions Will AFFECT 900 rlt-np.
of people. and -guttrumtu ..uuumu4t4
estimate The Actual .u,.ur fu the p.t-
pio VIII be- Jhrr, or four limos the
urtull amount of II. fI. r-,JurtIons
horuusr oil thr m,nu,f u which fnN..
are multiplied before .Hry reach the
TIA. mar, .,.r,rt,u ,.. ri
,r.t t,|.tt.., vrI.b i..,s
an tb, strnE. nr i,s.t.. ,,,t.,, t,tt,,
-. 'v'
-. $3.50 Iro1. my hi'''tlN AL
1891 lh '1hHI"sH '' ~. cause "t
I"' Hlih '"N' "l hN'nf u driend'd
Il " JlN, i'l ON 'h' l.'h '~"rp"iiui"n
h"' iHI" '"' Scrap h'ir' To ir
r'.'l 'h'''lF' io""i'""' hNi c'f
r'l '"'. l"d7' continue 10 pay u duf
,". ''ul,"t '.i uh pi"l"l "l l'-l.
ia, r' - NV pro
fiu'u uh increased lN' '"ipotatiou III
''h'' TAX OF l+s per '"ni.
IN" tuAt1 imposed on both the Eu-
oittdual ot moderate means ami Of
large means are reduced surtnycr
which ore applicable when @ man
makes 81. uGu 90 year % uu. ar. ie-
'u''d from q maximum ut 90 poi cent
To nu per cent. These taxes Hrp 100
addition 90 the normal income UnNe4
and ar" graduated up from . per cent
on !u' come between $4,000 and
Nb.uHp To- 90 per cent ON inc .ts
uhof" v-"n.huo. In other words li
a man earns any amount above $500
600. D. government stlll takes more
thar hnlf Of o. This reduction also
does not apply TO Incomes made ~
1921.
In the reduction % thc normal in
com" taX-that paid boy the little fol
lows win incomes hp to $5.OuO-the
married and family men are favored
Th"s" taxes, which now are four peg
cent, are duc by Increasing oN-
empiionS The married man is given
an exemption OF $500. instead OF
@,uVp q ~" exemption Tor each
dependent child ~ $500 lnHoHd of 1900.
Thus a married mans taxes are re-
auccd s20 a yenr ana s. % year addi-
uoual FOR each child. Congress yir-
tunlly placed q discrimination ON
bachelors and spinsters by refusing
q" iuarct-c their exemption II ia
leti al $1,000.
Government experts say that $500
200 600 viii De snvrd through he rec
p"hl OF thc nuisance transportation.
luNury aud ice cream taxes which be-
comes effective January j.
" you has % railroad or Pullman
ticket after midnight. December 81.
the eight per cent levy In eject early
ln the war could not be attached
IaArs ON freight % express also
ended tonight hut lrvies remain ON
parcel post. kilograms and telephone
calls. This viii cause q loss 90 tho
government Of about 425u.u 900, 900 q
year.
Those extra pennies long collected
on lcr cream and fouutnin drinks can
h" put in the baby's bank. Tho clort
Hl1N Try 90 collect from you tomorrow.
a. ho wishes Happy New Year but
don't let him do o. In the place Of
these taxes, "a levy has been placed
on fountain syrups
Likewisc. you VIII not be taxed ~
"a 500 to HALH. 80 g. HIL H-an