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Show Five U. S. Incomes of $5,000,000 and Over STATISTICS of Income compiled faa'nl Income tax returns for the calendar year 1019 show five personal returns of income for that year of $5,-000.000 $5,-000.000 and over. The names of taxpayers tax-payers are not revealed, the law requiring re-quiring that income tax' returns be held confidential. There were six personal returns of income from S3.000.000 to $4,000,000. seven of income from $2,000,000 to S3.000.CHiO. thirteen of income from $1,-500,000 $1,-500,000 to $2,000,000, thirty-four of Income In-come from $1,000,000 to $2,000,000. thirty-four of Income from $1,000,000 to $1,500,000. sixty of Income from $750,000 to $1,000,000, 129 of income from $500,000 to $750,000. and 140 of income from $400,000 to $500,000. Two Illinois taxpayers had incomes of between $3,000,000 and $4,000,000 each. Their combined net income was SG.S07,n01. Their normal taxes aggregated aggre-gated $38,4G0, their surtaxes $4,292,-004. $4,292,-004. and their total income tax $4,-680.524. $4,-680.524. About two-thirds of their net Incomes were paid to the government in taxes. Two other Illinois taxpayers taxpay-ers had Incomw of between $1,500,000 end $2,000,000. Their net income was $S,179,S43 and their- combined normal taxes amounted to $101,326, and surtaxes sur-taxes to $1,933,917. Their total tax aggregated $2,035,243. The number of individuals in the United States who filed income tax returns re-turns for the calendar year ended December De-cember 31, 1919, was 5,332,730. The total amount of net Income reported by these returns was $19,859,491,448, and the tax (normal and surtax) nmounted to $1,209,030,104. As compared com-pared with 1918, the above figures show a growth of 907,646 In the number num-ber of returns filed, an Increase In the total net Income reported amounting to $3,934,852,093, likewise an Increase of $141,908,263 In the total tax. |