Salt Lake Herald-Republican | 1918-09-04 | Page 1 | President Will Pay $24,595 as Tax on Salary

I I la laI I I President WillII Will II Pay asI as as' ason I Tax on Salary I Bj- Bj I s I AT WASHINGTON WASHINGTON ASHINGTON sept 3 Y y y President Wilsons Wilson's s 's in income income I come tax on his salary will be under the new revenue bill introduced into the House today All other federals officials as well as those holding holding holding hold hold- ing state and municipal offices who have been exempt under previous laws will be he called upon to pay under the new bill I The President is entitled to toan toan I an exemption of 2000 on account account account ac ac- ac- ac count of being married His income tax will be computed as I follows I Normal tax tax tax-C 6 per cent ent on 12 per cent on 69 total normal tax Super tax 2 tax 2 per cent on 2500 50 3 per cent on 2500 75 7 per cent on 10 per cent on 15 per cent on 1500 20 per cent on 2000 25 per cent on 2500 32 per cent on 38 per cent on 42 per pcr cent on 2100 total super super tax Total of both taxes