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MULTI-MILLIONAIRES

THEIR NUMBER DECREASING

NEW YORK, January 19.

The United Stales has only 20 multi-millionaires, each drawing an annual net income of more than £200,000, left out of a group once numbering 513. Two men have annual incomes exceeding £ I,O()O,UUU. These 20 multi-millionaires pay more than half of their incomes to the Federal Government in taxes. A national survey shows a great '•hrinkage in taxable incomes. Each dollar of taxable income in 1021! shrunk to 36 cents in 1932 (little more than one-third). THE FALKLAND ISLANDS INTENSE FORTIFICATION KIIMOI HED ' LONOON, February 4. I •'Reynolds's Illustrated News" says that as a result of the Singapore conference it is exacted that the Falkland Islands will be converted inte a fortified refuelling station. Singaprrc r-md the F,..1kIsnds will become key-points in lutur- British naval strategy, enabling the Pacific Fleet to protect British and Australian interests.

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https://paperspast.natlib.govt.nz/newspapers/CHP19340206.2.61

Bibliographic details

Press, Volume LXX, Issue 21082, 6 February 1934, Page 9

Word Count
143

MULTI-MILLIONAIRES Press, Volume LXX, Issue 21082, 6 February 1934, Page 9

MULTI-MILLIONAIRES Press, Volume LXX, Issue 21082, 6 February 1934, Page 9

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