207 MILLIONAIRES IN U.S.A.
PAY TOTAL INCOME TAX 0» ;
66,000,000 DOLLARS. 7 '
[By Electric Cable-Copyright,] - [Aust’ and N.Z. Cable* Association. J '/gS (Received Monday, 7.30 p.m.) WASHINGTON. April ,4. , ■lncome tax figures for 1025 which' have been published show that ,207 individuals in the United States are the millionaire income class •which IS ' the largest in the history of the country, the 1924 figures showing only 75, the figures for 1926 showing 206, and; for 1921 only 21, the lowest since the - ’
war. .. / » ->» x Sw The total Income collected for the first nine months of the present flscai.ija year amounted approximately to , ■ 1,650,000,000 dollars and the estimated total for the entire year Is 3,426,000,-.
000., ../•.. ■ . ‘ : : ./''v There are 207 millionaires wttli reported total income of 422,000,000' ||| dollars who have paid income taxes V amounting to 66,000,000 dollars. , 1 The, largest income group is that between 4000 and 5000 dollars, these
totalling :i, 827,000,000 on; which' , ; 5,000,000 dollars of income tax Paid. ■’ ’ .
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Bibliographic details
Manawatu Times, Volume LII, Issue 3575, 5 April 1927, Page 7
Word Count
161207 MILLIONAIRES IN U.S.A. Manawatu Times, Volume LII, Issue 3575, 5 April 1927, Page 7
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