Evening star. [volume] (Washington, D.C.) 1854-1972, 1931-11-30
ID. c. LEADS NATION
| IN PERSONS FILING
INCOME TAX DATA
Average Sum Paid Per Capita
Falls Below Average for.
Rest of U. S.
FEWER FILE RETURNS
AND COLLECTIONS LAG
Sum, Nevertheless, Tops Several
States-Wealthy Decrease and
Business Losses Double.

The District Of Columbia leads the
Nation In percentage of population
filing income tax returns but the aver
age tax paid per person here is con-
siderably below the average for the
country rs whole.
This was disclosed by the Bureau of
Internal Revenue, which last night
made public two voluminous tax re-
ports: showing the general decrease in
the net income OF the American people
from 1928 down to the calendar year
1880, when effects of the depression
were fully evident. The individual in
come in 1880, fol- instance, was more
than $1,000 ,000,090 under 1929, the year
of the big break in the stock market.
The District of Columbia, 1t was dis
closed, stands at the head of the list in
one respect, with 9.88 per cent of its
population filing returns for 1929, as
against the average of only 1928 per
cent of the population of the country
at large. The average individual here
paid into Uncle Sans Treasury $133.27,
as compared to S247.74 for the average
Average Income Drops.
This average eff $13327 here for 1929
was a drop from $169l7 in 1928 from
$l52.35 in 1927 and $138 in 1926.
The total net income of individuals
in the District OF Columbia was re-
ported as increasing from 1927, 620, SOC
in 1928 to $242, 282, 698 in 1929, but,
strange to say, the average income here
decreased during the same period from
$5,l51.77 to $5,O3S.42.
The District of Columbia, by turning
in to the Federal treasury a total in
dividual income tax of $6,408, 622 and
a corporation tax of IS AGO, 289 in the
year 1929, again showed its position of
priority over several States, which paid
less than that to the Federal treasury
in both individual and corporate taxes.
Preliminary figures for the calendar
year 1880 made public by the Bureau
OF Internal Revenue did not give de-
tails for the District of Columbia, but
showed how the Nations income took
big nose-dive in 1880, following the
crash late in 1929.
Tax Rate One Pct. Higher
Income of individuals fell cd 2e.12
per cent to $17,220, 1888 $40 and STA 05
fewer persons filed income tax returns.
a $3.50 per cent drop of $517,247,417
to $473, 689, 1858.
Corporation income tax returns re-
vealed net income of SIS, 627,312.995. a
decrease of $4,633 ,99414 Corporations
paid $618,246,43l in taxes, a decline of
$428, 739, 406.
While the tax collections from both
individuals and corporations were less
in 1890, the rate of tax was one per
cent hiOhnF har ~,
on normal and corporation incomes.
Deductions for business losses roughly
doubled over the preceding year to
about billion and a quarter. while de-
ouctlons Tor donations dropped about
100000 900.
Fewer Taxable This Year.
Net profits from real estate and Sc
curltles were about three quarters of a
billion, against two and a quarter the
previous year.
me bureau reported for 1880 that
3,376,552 individuals and 498,11O corpo-
rat1onS f1led income tax returns, against
4,034,702 individuals and 495,5l5 cor
porations in 1929. OF the individuals
filing returns last year, 1,946,675 were
taxable, as compared with 2,465 1886,
While 214,412 corporations were taxable,
as compared with 1853, 768 in 1929.
40 4OSN Vic CdapdJCIS JOOk Q6Quc-
lions for loss on sale of real estate,
stocks, bonds and similar property
totaling $1,215,055, 499, as compared
with 1861, 773,3 1866 in 1929. Reductions
in 1929 for miscellaneous reasons
totaled $3,063, 361 TAO, while in 1880 they
amounted to $2,823, 956,016. Deductions
Tor contributions to charity, scientific,
religious organizations and similar or
CARNATIONS in 1880 aggregated $4O5,-
740, 765, as compared with $518, 1888, BAT.
In 1880 profits from real estate,
stocks, bonds, etc, amounted to S775,-
3l5,899. against $2,239, 1853, TIA the prev
iouS year.
Wealthy Persons Decrease.
The report showed a sharp decrease
III the number of wealthy persons. The
number having incomes of $500. 900 to
100000 decreased from 1922 in 1929
TO 551 in 1890: the number having in
comes of from 100000, but under
$l,0O0,0o0, dropped from 967 to 31I, and
the number having incomes of more
than $l,OOO,OO0 decreased from 504
to 49,
The 100000 to $500. 900 class had net
incomes of $206, 898, 8O5 in 1880 against
$500, 986. 1875; the 100000 to 81 ,O0O, 900
class had income of $207, TAP, 1897 against
$685., 45O, 463, and those having income
of more than $1,000,O00 had aggregate
income of $355,66l ,694 against $1,185,-
1876, $3.50.
The 100000 to 100000 class paid
$685. 500 income tax in 1880 against
$96, 255, PSF the previous year; the $780,
600 to $l,000,000 class paid $33, 1926 1863
against $l05, 1878, and the class hav-
ing income of 81 100000 or more paid
$50, 47o,8l3 against $186, 144,252.
Business Incomes Also Fall.
The gross income reported in the in
dividual returns was $21 ,665, sos, $50,
with deductions aggregating $4,444,752
$50, against $28, 1852 1865, 430 in 1929,
when there were deductions of $4,243,-
668, 453. Wages and salaries, as usual,
accounted for the major part of the
total gross income, amounting to So
$50, 995, 1896, as compared with $10,74O,-
029, 412 the previous year
Business reported net income of ST.
539, 289,909 against S3,295, 616,192 in
1929, while income from partnerships
was 81 1880, 880.l37 against $1,816,84l,-
499. Profits from sale of real estate,
stocks and bonds, except that taxed as
capital net gains, aggregated $775,315,-
800 as compared with $2,239, 1853, TIA,
while capital net gain from assets held
more than two years was $549, TAG, 754
as compared with $2,3l6, l93,430.