San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1923-03-13
RA|SERS
AGAIN PAYING
INCOME TAXES
Revenue Collector Says 1t
Is Sure Sign Of Gener-
al Prosperity Here.
PAYMENT IS HEAVY
Indicated That Receipts
Will Be in Excess of
Those of 1921.

Cattlemen throughout Southwest
Texas are paying income taxes this
year and this is one of the healthiest
signs of prosperity that can be found
in Texas, according to ]. W. Bass,
collector of internal revenue at Aus
tin, who is in San Antonio Tuesday,
in the course of flying trip to the
division offices in his district. Com
parative figures. tabulated in Austin,
Monday. Mr.. Bass stated. showed that
the income tax receipts for this year
up to date, are Is per cent ahead OF
the receipts for the corresponding
date last year. The receipts on mid
night of March 10, 1922 were approx,
mately s2T,O0o,OOO.
There is every evidence Of a healthy
business condition. Mr.. Bass said.
There ARE more paid returns made this
year than last. there not being so
many taking advantage of the quarter
IL payment plan. Due TO the fact
that the income tax laws have been
modified in favor of the man with
moderate income. there are fewer
104o-A returns. that is for incomes
of not more than $4,000 and more
104O returns. that is, for incomes OF
more than $1,000, this year than
last.
Few Cowmen Paid Last Year.
Very little difficulty in filling out
the income tax blanks is experienced
by the public this year as compared
with preceding years, Mr.. Bass said.
The auditors office in Austin will
not discover one-half as many incor-
rectly made out returns as were dis
covered last year. Mr.. Bass estimates.
This is partly due TO the fact that
| the forms have been simplified and
partly 10 the fact that the public is
becoming experienced in matters per-
| tanning to income tax requirements.
The income tax receipts for last
year were 80 per cent less than the
receipts for the preceding gear. Last
year, very few, cattlemen aid income
| taxes. the majority of them showing
a balance in red. This year, from
all indications observed by Mr.. Bass
and from comparative figures on pay.
ments made to date. the receipts will
surpass the receipts for 1921. Ever
| il the receipts are not greater thar
the receipts for 1920. they are in
! dicative of the fact that the business
depression is being relieved.
The district over which Mr.. Bass
has charge comprises about one-half Of
| T.. A,at
Paso. Austin. Orange. Beaumont
Houston. Galveston and Waco.
/ Thursday is Last Day.
Returns and-income tax payments
must be in the hands of the collector
of internal revenue in Austin by
Thursday at Midnight. In case o.
failure to file returns by that date
tax of five per cent is automatically
assessed against the delinquent. II
addition to this automatic tax OF
per cent. an additional penalty, rang
ing from % per cent is assessed, thu
amount of the penalty being largely
determined by the merits of the ex
cuses offered. In the case of the
per cent tax, however. there is nj
recourse. 1t cannot be altered, Mr.
Bass explained.
Although a strict Interpretation o
the income tax laws would requir
that the returns and the paymen
should be in the hands of the collecto
of internal revenue b midnight o
March 10. yet. for the convenience
of the public this provision Of tn
law has been loosely interpreted Z
allow the returns and payments to b
made in the division offices wher
deputy collectors Of internal revenu
are stationed. The stamp of the divi
: sion office at the time of filing. wi
be acceptable at the Austin office
Mr.. Bass explained.
i In order that the total amount q
money collected might be ascertaine
: as soon as possible, Mr.. Bass said, h
was endeavoring 10 encourage the pub
t lie to mail their returns ito the co
lectors office. when possible.