OCR Text |
Show It's YOUR Business.. . Publishing the annual list of top salaries always makes interesting inter-esting reading. It bears evidence that opportunity still exists in America. Few people realize that the top income earner, a movie director, j worked ten times as hard for the government as he did for himself; that out of $1,113,035 paid for his services in 1944 he paid into, the U. ' S. Treasury approximately $1,000,000. The take-home pay of this man and other high income earners in and out of Hollywood represents repre-sents only a small fraction of what their employers thought they were worth on a box office or management manage-ment basis. The Generous Scale For from such incomes come large sums of what it takes to keep the government going on the generous scale that has become its pattern. Rates on the upper tax brackets are admittedly out of line. If a married man's income was $50,000, he paid 55 per cent during the war, and in 1946 would pay almost 50 per cent compared with 18 per cent before the war. In the prewar period, 1936-1939, a married man paid the Federal government six per cent of a $15,000 income. During the war he paid 31 per cent, and under 1946 rates he would still pay out 27 per cent or four and one-half times the prewar amount. On high incomes, Uncle Sam's take-home represents the larger share. |