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Show IILL1S PAID II INCOME TAX FORD INTERESTS PAY TWENTY MILLIONS TO GOVERNMENT ON YEARLY EARNINGS Figures Are Made Public For Nine teen Twenty-Five; President Cool-idge Cool-idge Makes Payment of Fourteen Four-teen Thousand Chicago. A vast decrease in some classes of income tax returns is indicated in-dicated in lists of payments made by a hundred or more prominent Chica-goans, Chica-goans, published in the Chicago Tribune Trib-une and Herald and Examiner. Many taxpayers in the higher brackets availed themselves of various var-ious legal and permissible expedients for avoiding the burdensome payments, pay-ments, it was thought. The largest reduction published by the newspapers was that of William Wrigley, Jr., the chewing gum manufacturer, manu-facturer, whose 1925 taxes were listed list-ed at $2,644, as against $S36,561 for 1924, a figure far above any other individual in-dividual amount in the Chicago district. dis-trict. Representatives of Mr. Wrigley explained ex-plained that the new revenue act enabled en-abled the auditors to write off certain losses suffered by him dating back as far as 1914. It was pointed out the figures given were for the manufacturer manufac-turer personally and corporation taxes tax-es for the various companies in which he is a dominant figure have not been published. Bankers, lawyers, artists, real estate es-tate men, editors, merchants and others were included in the published publish-ed lists. In some cases material increases were shown in 1923 payments over those of last year. One of the largest of these was the return of Edward N. Hurley, former shipping board head, who last year paid $49,197 and this year $136,951. Total returns numbered 605,358, of which more than 240,000 came from individuals with incomes under $5000. Individuals with incomes of $25,000 or less made more than 99.000 returns, while 131,936 were listed as non-taxable individuals. With an assessment of $16,493,160, the Ford Motor company topped the income tax payment list in Michigan for 1924, which was opened to the public. Despite the decreased rate the company's tax was $2,000,000 more than the year before. Henry Ford headed the individual list with $2,068,806, a drop from $3,-290,594 $3,-290,594 in 1923. Edsel, his son, followed fol-lowed closely with $2,158,055, against $2,645,673 for the" precedmg year. One of the most sensational increases in-creases shown was made -by Dodge Brothers, which leaped $1,000,000 over Its 1923 tax, to $2,450,S43. . This has nothing to do with its recent sale, which consummated this year. Mrs. Horace E. Dodge paid $993,-028, $993,-028, while Mrs. John P. Dodge, who recently married, paid $110,293. Andrew W. Mellon, secretary of the treasury, paid an income tax of $1,-8S2.609.25. $1,-8S2.609.25. Next to him in the amount of taxes paid in the Pittsburg district is his brother, R. B. Mellon, who paid $1,-1S0.699.64. |