| Show I I i I National Disaster i Should Road Building Build Build- ing lug Halt Say 01 Washington D. D C. C C. ls Is New York being hurt hurL by the Federal Aid road building program now under way in the he United States 1 Are the called so-called richer cher states going to be allowed to shirk their r responsibilities in diffusing ing the wealth that flows s to them from producing states and thus hinder the completion of a wide nation highway high high- way transportation plant that will be a benefit to all aU and a burden to none These are the leading questions to which highway officials In charge of road building have ha set about to find findan an answer A statement just issued by the American Association of State Highway Highway High High- way officials officials' says The keeper of accounts credits New York with having p paid id per percent percent percent cent of the the total Internal revenue col col- Normally wealth and population population tion considered New York should pay per cent If all the facts could be secured it could easily be shown that tha that is really all she is doing n v. v Publicity of Income taxes paid and much painstaking study of tabulations some of which seem to be made more for bewilderment than elucidation elucidation tion one to at least scratch the surface and present to the public a fair and well substantiated statement statement state state- ment as to the real situation The total internal revenue credited credit credit- ed to New York in round numbers is e Of this amount or over 73 per cent comes from corporations and individual in in- in comes And per cent of the 73 per percent percent percent cent is from corporations Speaking of personal income tax paid in in New NewYork NewYork NewYork York who is It that does not understand understand under under- stand that personal income tax paid last year by Mr ler represented earnings collected from many states Always remember that corporations corporations corpora corpora- pay pay an income tax only when I r a profit exists Such is not the the case casein casein casein in personal obligations above certain exemptions With corporations it is no profits no income tax In 1922 according to the last Federal report the corporations of New York paid 2559 per cent of all the corporation tax of the United States and still were able to declare cash dividends to their stockholders of over oyer and also stock dividends of over 1000 No one one one begrudges their pros pros- The total tofel number of corpora corpora- corporations in the United paying an income t tax x that year was Of this number paid an income tax in il NewYork New York York almost almost three times as JJ many as Pennsylvania and yet New York has ha only per cent of the total national wealth while Pennsylvania Pennsylvania Pennsylvania Penn Penn- sylvania has 92 per cent of the total nati national nal wealth Again according to the latest Federal report 1922 the total corporation corporation corporation cor cor- tax paid in the United States that year was which was per cent of the entire income tax Manufacturing paid or per cent of all aU the corporation tax or per cent of all aU income tax of the nation New NewYork York paid per cent of all the corporation tax paid by manufacturing manu manu- f a while Pennsylvania paid but 11 II per cent The same flame year manufacturing manu manu- plants and equipment were valued in New York state at 2133 while the same kind of property property property prop prop- erty was valued by the re report report report re- re port at for Pennsylvania Pennsylvania Pennsylvania Pennsyl Pennsyl- vania on on a less valuation on there is no other conclusion to be draws draw but that there are manufacturing c corporations h paying income tax in New York which have lave no property whatsoever In that state In a matter so vital to the entire nation as road building it would be belittle belittle little ittle less than national disaster say Highway officers to permit any gro group p of states to too retard through selfish motive mothe the easy completion of the Federal Aid highway system now un under er We believe that these facts fact will prove conclusively to the residents of the richer states that they are Bre not burdened in their contributions to the Federal Federl treasury to meet national obligations obligations obligations ob ob- and that they will gladly cooperate in carrying g on this Important Import import- ant work r |
