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Show UTAH'S 1940 TAXES REACH NEARLY 20 MILLIONS Of the $4,171,000,000 in taxes collected by the 48 states for 19 40, Utah contributed $19,733,000, the commerce department reported recently. re-cently. Federal, state, and local taxes produced $14,300,000,000 during the year, compared with $8,248,-000,000 $8,248,-000,000 in 1932. Per capita collections col-lections jumped from $66 to $109 during the eight-year period. The department attributed the greater tax yield to increased business activity and to a 6 per cent rise in national income. "Overshadowing in absolute volume all other increases in tax yields was a $50,000,000 rise in general sales tax collections," the report stated. The total was $1,-647,373,000, $1,-647,373,000, an increase of 11.4 per cent over 1939. Collection of $97,052,000 on sales taxes on tobacco showed the largest percentage increase, 63.2 per cent, or approximately $38,-000,000. $38,-000,000. States which did not impose im-pose tobacco taxes in 1940 included includ-ed Idaho, Montana, and Wyoming. Wyom-ing. There was no general sales tax in Idaho and 20 other states, but the 2 7 other states, including Utah, paid $490,187,000. All states have some form of sales tax, such as motor fuels on which taxpayers in the 48 states paid $845,421,000 in 1940. "What goes up must come down," said some sage of a bygone by-gone day, who ought to be here to get a load of the tax outlook. Democracy: A way of floundering floun-dering to a right decision, instead of being forthright, dynamic and instantly wrong. This new romance of the klan and bund is the prettiest since Molotov began scratching "Joe loves Adolf" on the fences. |