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Show I Unci Sam's new Income tax. though its opponents call It a penalty pen-alty upon success, does not succeed completely I levying upon the Incomes In-comes of all of the successful. This new tax causes one portion of tlio press to run around In small circles and foam at the mouth, while sundry sun-dry editorial writer throw (It As opposed to these, the other portion of the press rojblce. Rut an enormous list Of Amer. bans will be found to have European Euro-pean residences and therefore will partially escape the new tax Call the roll of these expatriates or American heiresses who hae married mar-ried plain folk or tiMes abroad and you will he listening to the roll call of the Standing Army of American Plutocracy. These people have pretty generally escaped the tax I Which they should pav In this coun- i trv tn return for the protection which we nlve to the property from which they get their enormous Incomes. In-comes. In the following summarv you wilt find the fortunes Of some of the self-expatriated Americans. their maiden name? and their Income tax. First, of course, comet; William Waldorf AMor. who married one of the beautiful Vlrclnla T.anghorne girls, a slstc- of Mrs Charles. Dana Olbson Astor's fortune l $r7 000.-000 000.-000 and Its tax thereon would he S294.O00 On her fortune of 000.000 Mr? Ftalph Vivian, who wn a Miss Roberts, would pay $.'.2,100 The Comitate Scechlnyl who "is Gladys Vander'ollt and who married a practically bankrupt nobleman end paid him out of debt In his native Hungary, would have to pay S'2,100 on her J12.000.noo fortune The Dnchesi of Roxburfhe who was Miss May Ooelet. would be called upon to pa $77 410 on h r $25.nno 000 H I The ever In-trouble Anna Could. H who married the dissolute spend- thrift Bonl de CaateTIane and fll-H fll-H verred him after buying her dl- vorce. and then married his Billy Httle cousin. Prince Haifa de B li Is still a long way from being B I "broke" because of the lavleh ex. pendltnres of her two husbands. I She still has a fortune of Sio.ooo - j 000. and In France thev levy a crood fl stiff tax on it. Mrs Spender-nay. H who was a Miss Astnr, is the last In I the list to come In the $10,000,000 I fortune class and her tax, too, !? I The Duches fie Valencay. ho i ?M Miss Morton, it taxed SI". 010 on her fortr.ne of S6.00O.Q00; Lord ' f'urzon. who msrr'.Hl the beautiful H Chicago Tlter girl and oarr'r.i her H fo Tndla. where he was Viceroy, fl must pav the same amount a the Hl former Miss Morton on fortune I , W.T y . i.p.i.1.. ..." ' J " mm mMt&WmmMwmxmMBm i -1 nl I l " of $6.000. 000 -a fortune by Inheritance. Inherit-ance. Mrs. Colin-Campbell, anotlb r Lefter daughter from tit. Chicago family, has a fortune of the aanie gross dimon-lon and pays on It In England a tax of $13,010. Baroness Salhett. Mrs, Kred Guest Mrs. Al-merle Al-merle Paget are in the $'..000,000 fortune class and each aro ' - pay a t $11,010. M.s. O iest. It will be recalled, Is tho daughter of Henry Philips, tho Pittsburg millionaire, mil-lionaire, who besides engaging in commerce and manufacturing also has invested In humanity and linan-cles linan-cles the wonderful Phipps Institute for the treatment of tuberculosis which Is located In Philadelphia and Is ranked asj one of the leading sanitarium san-itarium ,.r preventoriums in the world. Iady Choylesmore. who was Miss French. Mrs. T Shaw Safe, who was Miss o.immHI and Viscountess Pecrhurst. who was tho former Mi--i Bonynge. each posscsj a $3,000,000 fortune and the tax on that amount y , - ' i.n ,-tt-i -irnii lr n i Kl iimi mih -in Is $5,050. So you can see for yourself that our new income tax which lo5C3 tho fight to collect on these huge fortunes for-tunes ia not yet the flawlefli Instrument Instru-ment that many would have you believe. be-lieve. There are some very lurgo hobs In the Income tax fish net and apparently there Is no way to mend hem. There rr SIIU Oll.cis wlio yti:hr rhelr Escape. For example, there Is Ladr TA'. Bereaford. the former Miss Ham-mersley. Ham-mersley. with a nice fat fortune of $9,000,000, the tax on which is $2:-010. $2:-010. an i .rr, ravk1 neatty (Field) with an $s.ooo,ftno on which the t i c would be $19,010 Lady faen. who was Mls Mirtln of NVw York, has n fortune that has cllmbrfl up to the $15,000,000 mark and would have to pny Undo Sam $42,510. but she does nothing of the kind because be-cause there Is no wav Uncle Sam can land her. The Duchess of Marlborough 7hn ,vaq Onsueln Vanderbllt. has a $1 2,000,000 fortune and pays the British government $32,010 In In-ome In-ome tax. Baronet SMUrre. v . was the former Bffsi O'Brlon, pays 19.010 on her $8,000,000 fortune. Tdy Donough Moor, who was. Miss raee, and Duche? le Pino, who Mlai Sampson, pay $11,010 on thler $5,000,000. Little Lady Decfes, who was Vivien Ooubi, pav 3 similar amount. But the heartbreaking part of all this to Pncle Sam Is that all of the people named In this article Who have become citizens, by mar. r'nere or otherwise. of Great Britain pny taxes to the Trltixh covernment on the income of the property they own In the Fnlted Statef That Income In-come tax. though, because It Is paid In England, seems not to be reeard-ed reeard-ed as'"a penalty on micceaa." though H Is much higher than the Income In this country. The fact of the business Is, of course that the rich People of this eountrv have been taxed as they should have been. And this fet rAii, the nualnt de-rlajoA de-rlajoA of J,j,Ijje pjeld w hen he paid you reme-nber. in 1S96. that an Income tax was unconstitutional because be-cause such a tax was an "assault upon capital" and but the precursor of a war of the poor against the rich" and a lot of other foolishness like that. Fvery citizen of the United States, whether residing at horn, or abroad, and eery person residing In the Lr.lted States, whether a oltl.en or not will be liable to thll tax. levied at the rate of 1 per cent annually upon such of his or hef entire net income c.u exceeds $.1,000, except In certain cases, which will bo mentioned men-tioned later. The personal Income tax Is be levied on the net Incomes of Individuals. Indi-viduals. In ascertaining this net income two kinds of deductions will be allowed :rom the gross income. The first of these Is known as tho "specific exemption." which Is 3. 000 for all unmarried persons and $4,000 for all married men living with their wives or married women living with their husbands. It should be understood, however, thai only one deduction of $4,000 Will be made from the aggregate Income of both husband and wife when living liv-ing together. The second deduction deduc-tion is that for necessary expenses. Interest paid within tho year, taxes, losses, etc.. allowable In the ascertainment ascer-tainment of the net Income when the grosa Income Is derived from business. These deductions for necessary expenses actually aid In carrying out any business will not Include personal, living or family expenses. All necessary expenses, euch as clerk hire, rental of place of business, busi-ness, lighting, heating, stationery, livery charges, etc., will bo considered consid-ered as exceptions growing out of tho conduct of the business. But expenses for medical attendance, storo accounts, family supplies, wages of domestic servants, cost of board, room or house rent for family fam-ily or personal use will not be de. ductlble from gross Income in making mak-ing tho returns for net income. Now. as to tho rates of this tax. There is. fir: the "normal rate" of I per cent on all net Incomes not over $20,000. The amount of this rate Is e Imated by taking 1 per cent of the net Income minus the exemption of the $3,000 or $4,000 allowable to the ,K.r.,on makln(r the return. The law also provides for an additional tax of 1 per cent per annum upon the amount bv which the total net Income exceeds $20 000 and does not exceed $50,000; 2 per cent per annum upon total net ln-comes ln-comes between $50 nr.o and $75 ooa-.: ooa-.: per cent upon $75,000 to $100,000; 4 per cent upon $100.00 to $250.' 5 per cent upon $250,000 to $500,000. and 6 per cent upon net Incomes In-comes over $500,000. How the Tax Will Be "Heeled. This tax will be obtained In two ways by what Is known as collection collec-tion at source and collection from the Individual. According to the first method nil companies, corporations, corpor-ations, etc.. having the custody or disposal of the Interest, premiums. person, exceeding $ i.ouo for ar.y I C taxable year, i-. required by the la kn to p, ol f" li g-wn . and p.iy It to the RotcrnrneUt i . i But no c-tlon a! ? 0 the ourrc "111 I made "P1") dividend, etc.. of orporatlons sab-Jec sab-Jec to the corporation t ix A check upon holders of bond mortgages and deeds of trust on Jt11 corporations Is impo-'-d ty the ne own such securities j J , regardless of the amount "f "'ir t " interest derived you will when you 'a-di checks or coupons for iuch In- b real fin I thai i i" r '( ner an - n-u num has been de.lu. ted ly ur Ul bank and withheld for the rnut W collector, whether your net lncom reaches tl or Tot. In l!?! other ',orJs, t '.our only revenue lfl j the v. orlJ is $ i ' way Dond. 1 v-r cent of that u : L ,tai withheld b: nk, and It wi'l KWJUii . ujr i I pr e ' CBQ t yoj are not a adhi Ider of the tt- L"--r-,r .lass. In which event the amount withheld will be returned. I The otht r mi II od, thai of r""rf M mL tlon from the IndMdual. w' Ii ertaken In thi manner. Evenr JW tax "in be required to make g f u r.-tte return of his annual Income to W,t 1 tho COJ ' internal revenue W M1. the district in which he resides, th" jn 11 Utcment setting forth ipecinciJiJ Batd! i roaa amount of Inc ne frow Hpir sources, and front lJJ l Wh, " mui1. be deducted the 3rcS' m IteflM of expen ai ftt' rfi M |
