Show national affairs written tor for the park record by FRANK P LITSCHERT some interesting figures were released the other day by the secretary of the treasury the figures show that the income tax receipts tor for the first nine months of 0 the fiscal year ending march were indicating a total tor for the fiscal year of about this prospective total will be an increase of wound the total receipts for the year are estimated at which Is line with the Treas estimate of december showing that the treasury as usual has made 1 no mistake 0 Q 0 thi the report shows further than in support of mr mellons theory that re of surtaxes sur taxes would increase the reportable portable rc incomes taxable under the surtax brackets the statistics tor for the 1925 just completed showed increases in other individuals in the larger income classes and the smaller tax payers decreased in numbers due to the increase in exemption allowed by the revised revenue law 41 4 these statistics lor for the fiscal year 1925 are the first completed under the present revenue law they show that the number of small taxpayers under the new law decreased as follows those reporting net income of under 1000 tor for to those having net incomes 1000 to 2000 decreased in number from to those in the 2000 to net class decreased from to while those with net incomes from to decreased from to W W 4 without exception the number of those reporting greater incomes than the ones named above increased in number end and generally the higher the net income the greater the increase proportionately hero here are the figures individuals reporting incomes from to increased from to to from to to from to to from to to from to to from 1876 to to irom from 22 to 40 here Is good evidence that the new revenue law has done just what mr mel 1 ion said it would do namely decrease the number of smaller taxpayers because of 0 the greater exemption and increase the number of big taxpayers and the total amount ot of revenue the reduction in the surtaxes sur taxes evidently increased prosperity and diverted earnings into productive enterprise where the money created new wealth tor for taxation 4 4 40 the figures given out by the treasury department prove first that the secretary ot of the treasury knew what he was talking about and second that there Is a 96 lot of prosperity in the united states of america and we are not to lose sight of the fact that individuals with incomes of more than paid taxes that totaled which Is a pretty big part ol of the whole amount collected aw aw the figures indicate that a time Is coming when there can do be still further tax reduction the prosperity Is more mora general than realized the collector of internal revenue tor for the agricultural state of iowa reports that his tax collections up to march this year are greater than last year the number numie nurnie ie r of f tax taxable a b le returns in iowa increased greatly over last year showing that the pro prosperity was passed around and what Is more remarkable remar kahlo the increase in the number of farmers paying income taxes was greater in proportion than that ot of business and professional men |