The returns from the income tax for 1916 in the United States ma ke interesting reading. During last vear some 68,000,000d0l was collected from individuals, and some 07,000,000d 0 l from corporations. On the list of those who paid income taxes there are more than 336,000 people, a percentage of approximately one-third of 1 per cent of the inhabitants of the United States. Of- this one-third of a million people. 1793 paid tax on net incomes of between 100,000dol and 150,000d0l 724 on incomes of L50,000d0l to 200.000d01, 386 on incomes of between 200.000d0l and 250,000d01. and 120 on incomes of over 1,000.000d01. The number of those who paid taxes on the other classes iinder a million dollars was approximately what might be expected from the figures already given. Of tho 120 people in the entire country who paid taxes on incomes of <ovpr * million, seventy-four live m New York State.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/LT19170203.2.92
Bibliographic details
Lyttelton Times, Volume CXVII, Issue 17394, 3 February 1917, Page 12
Word Count
151Untitled Lyttelton Times, Volume CXVII, Issue 17394, 3 February 1917, Page 12
Using This Item
See our copyright guide for information on how you may use this title.