Show Washington ton News From Congressman Granger It is of interest to no note to that before before before be be- fore the war individuals and corporations corporations corporations cor cor- were providing the United United United Unit Unit- ed States Treasury with less than half the total federal revenue but now these same sources are responsible responsible responsible re re- re- re for more than three fourths of its present revenue Tho The Treasury received almost eight times as much in the tho fiscal year that ended June 30 1944 19 as asit asit ast it t did In the year ear ended June 30 1910 and the great bulk of tb this money came canine from the earning of oC corporations and the tho incomes of individuals At the present time Individual taxes are aro providing the Trea Treasury Treasury sury ury with Its greatest single source of funds From this source alone I the income Is s 18 13 times greater grentel than before beCore the war No No ether country countr enjoys such a raise in tax taxI receipt from individuals which is I explained by the sharp raise In tax rates the lowered exemptions and the increase in individual earnings Likewise the corporation tax lax yield the tho second largest source of revenue in the United States Slates List last year ear Is explained b by increased d earning and wartime business and higher tax rates The largest collections collections col col- from corporations came carne from the tho profits excess-profits tax whIch v jumped from in 1942 1912 to in 1943 |