AMERICAN INCOME TAX.
PAYMENTS OF OVER £I,ooo f ooo,
FOUR PERSONS ASSESSED.
Australian and N.Z. CabL» Association(Reed. 5.5 p.m.) WASHINGTON, Oct.
The Internal Revenue Bureau announced that four payments of a personal income exceeded £1,000,000 in 1920. Two of the payers were residents of New York and two of Michigan. Although the persons are not identified it is believed that Mr. Rockefeller and Mr. Henry Ford comprise two of the payers of the high&tt tax. The statistics also show that New York State paid quarter of the entire income tax of the United States, with £127,000,000.
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Bibliographic details
New Zealand Herald, Volume LIX, Issue 18211, 3 October 1922, Page 7
Word Count
96AMERICAN INCOME TAX. New Zealand Herald, Volume LIX, Issue 18211, 3 October 1922, Page 7
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