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Show REPORT HEAVY DROP IN U. S. TAX INCOME; WASHINGTON, May 3 Collections of Internal revenue for the first thren quarters of the current fiHcal year fell , off by moro than $875,000,000 aa com-pared com-pared with the corresponding period I of the previous year, according to reports re-ports completed Tuesday by the rcve- ! nuo bureau. From July 1. 1921. toj Murch 31. 1922. the total taxes collected col-lected by the government .ijcregatod , $L 17i-..Oi.i ijlii) as :iciinst 3,3 S 1 , OuO . - , 000 collected from July 1. 1920. to March 31. 1921. Decreased revenues from Income i and profits taxon accounted for Dearly i all the decrease In COllSCtlona the to-I to-I tal for the current fiscal yoar being 1, $70,000, 000 aa agulnst $2 284 000.-aoo 000.-aoo during the first three quarters of the previous year, or a drop In re- slptS from these sources of $7 14,000,-000. 14,000,-000. Revenues from the national prohibition pro-hibition net, however, advanced by $11,000,000. the trftal for the current year being $200,000,000 as against $189 000.000 the previous year. Miscellaneous tajcej, such h luxuries luxu-ries transpiirta! Inn, amusements and stamp taXSI OU documents, fell off by about $ 1 34,000,1100, the total for the current yeor being ISSR.OOO.OOO as igalnst $C92,00O,0O0 the previous year. |