Garland City Globe | 1919-09-06 | Page 6 | Income Tax Returns

I INCOME TAX RETURNS Government Collected Revenue From 3,412,650 Taxables In 1917. tncomo tnx returns wcro filed 05 8,412,800 persons, about 3 per cent 0' tho population, for tho calendar ycai of 1017, according to final reports Just completed by tho Internal rcvenuo bureau. bu-reau. They show thnt taxes, levied on net Incomes nggn&atlng $13,052.-883,207, $13,052.-883,207, totnled $07.1,24n.-in0, nn aver, ago of $3(18.50 nn Individual. In 1010. before tho law was expanded to help meet wnr expenses, returns wcro filed by 3,035,854 Individuals and corporations corpora-tions on net Incomes aggregating $7.353,805.rS7. Returns In 1017 wero mndo on 1,-(110,758 1,-(110,758 Incomes rnnglng from $1,000 to $2,000, nnd ranged In tho hundreds of thousands up to $25,000. There wero 30,391 returns on Incomes be-, be-, tween $25,000 nnd $50,000; 1.-130 re turns from $50,000 to $100,000; 3,302 from $100,000 to $150,000 ; 2.317 from S150.000 to $300,000 ; 550 from $300,-000 $300,-000 to $500,000 ; 315 from $500,000 to $1,000,000 nnd 141, over that figure.