Arizona Republic from Phoenix, Arizona on February 20, 1941 · Page 25
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Arizona Republic from Phoenix, Arizona · Page 25

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Phoenix, Arizona
Issue Date:
Thursday, February 20, 1941
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Page 25
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3-1111 mn re Inducts DateOtTharman Hearing Reset Preliminary hearing for Edmond Burke Thurman. former chief accountant for the Salt River Valley ^ „. select ive ] Wa'f Users Association, on a grand were accepted into!theft charge in connection with em- at stale induction i °" z l clnent 9 f approximately $25,P yesterday as the,000 in association funds, was con- induction' period: tinued yesterday to 10 a. m. ; March 5. ' Thurman was permitted further 'liberty under $3,000 bond. He is ! accused specifically of fraudulently rage Three -^ Arizona will hecin win nepin -- -Out Of America's Pocketbook— Bureau Expects Little Money From New Income Taxpayers iffi 22" I ° TE: ". T ° U hav( " 1 ' 1 fiKUred out •* Y you a i olt - w - B * «»K^alf t«U Mories on the national tax picture. »f vzrlfie taxes.) »-our income tax under the. new i of tin workings In this fourth Tomorrow: Mlsrellaneoua and WASHINGTON, irt sprm- •_- _ , T .mm* mai uLuuwr ^y. oui associa- Sfflg* &-»*f i ff b^tS^^e^^m" 3te^£W«^g$&- " tali "* "^ ™ [Many tax experts are in the same fix. , lon. Aineit H. ac-curatplv shorta c c had not hern rom- yesterday an official " w -' e " r - in « wi " he i East Phoenix and Manuel C. Mar-' L. Kins, Ros-j Albert L. Meyers. Kisto, Sells: Har- who is a little hazy g to be ashamed of. j I One .of them—an adviser for a'corporation—dropped in a few 1 days ago to sec John L. Sullivan, the assistant secretary of the treasury, and asked why the gov-' ernment did not step iip the in-! come tax a little more. |who do pay will turn in an aver- toTafa'Tmt ™^n' n Y«t ^ & fl^OoVre'',^ g£ ««n.w «1V, for r ," 'hT^'d. «* "E««« l ° &*• 564,000,000 from Danish Vessel Slated NEW YORK. Feb. * Amado-Chris MindcrmanJ sh 'j ~" '"™- * eh - 13-<AP)-J you, A" 1 ™,,™,,,,, M latham 1 ^H loday negotiat ons 1 ^0*cle; Thurnwn ^^ ^'^^^re ••practcally complete" for the| Wlicfee; CM' w. »imiin ann .charter by five American firms of JW*' , *£*?'T-UIV- TranV c > Danish ships lied up in this coun- .«ill«wi M. aOuu, X*1UJ , JlrtllK vj.jfM, cinnp flArmarn. :M«.^^ H J T-*__ , since Germany invaded Den- "I figure that I could pay a hundred or so dollars niorp than I paid la<t year." "Havp you read the new law?" asked Sullivan, who has a penchant for directness. "Yes." "How nmrh did you pay last year?" Thp man told him. Sullivan did some, quiek calculating:. "Can you afford to pay, say, $600 more than you did last year?" man shook his head. , the new tax pressure on the upper, levels of the normal taxpayers! and $177,000,000 from surtax! changes. The rest will come fromi the business pick-up which has lifted incomes. ! tax schedule. Here, too, the 10 per cent earned income tax deduction amounts to considerable. But when the income climbs up toward the surtax levels, there are no more deductions to hide behind; they have all been worn threadbare. Not more than $14,000 of income is considered as earned and after a man gets well into the surtax field the, upper stacks of his income lose this°shield. Thus, the man who has from S3.000 to $4,000 of taxable income will get a fairly straight lift in his taxes from the S500 exemption cut. The first $2,000 of taxable income that he has above the Si.OflO draws a four per cent surtax, plus the four per cent normal. From this noint, the tax steps up The "That would he pretty stiff," These ships, under the plan work- ^SSf^aTGylijsS S^o&S^ SB ir^nd Sk Se^E^r^' A ™« ^ ,v, Wiiteriver: Verlis O. Danish ships totalinR more than Freestone Tex: Merle:300,000 K ross tons are tied up at Selipnan: Alvvord C. Skin-,New York, Baltimore Philarielnhin ij '"" /"Vi. "'-'" """ " lw r eaf'"'n - -- ^ • K- N °^: ^^nv^i^-u »Vn'3n« I T r ^ n r : |ried. was fairly spectacular hut £" i a ™ >r ithat was not the revenue-produc- change made by the 1940 tax Up the line a little, along the lower fringes of the old income - - .-,,.. - f . tax groups, the treasury expects ' s\yiftly from the 1939 levels. The to find more deductions than iti°i.Sgcst increase hits those persons had last year. Those who paid a: w jth between S20.000 and S68.000 little tax rather than bother about '~' figuring out deductions for charities, state and admission taxes, disasters, bad debts or thefts will hunt them up under the stiffer ldmS.Wflczynski.Yuma, _ -- o - , ____ _ Discovering a case of bigamy Danish ships. luring his official duties, a zeal- — as census employe of the Bra- A canary jovernment reported it and among the ;hip Company. Grace Lines and the Ishrandt- sen-MolIer Line, U. S. agents for and a top hat things offered were at a violation of i Red Cross sale in Buenos Aires. ! Argentina. ••I law. The treasury expects to get 5800,000,000 more in individual and corporation income taxes this year than it did last. Of this. $330.000,000 will come from individual taxes. But three of every five who file returns in the low-income group i will pay no taxes. The two million 1 SENTENCE SERMONS By THE REV. ROY L. SJITTH Everyone Is— —To blame for the things he continues to think about. —As happy as his own spirit will permit him to be. —Free to choose the ideas he associates with. —Guilty if he allows jealousy to run his life. —Doomed who gives hospitality to the spirit of envy. —Hopeless who ceases to believe in himself. -Sure of happiness if he gives it away. of income on which to pay surtax. At around the $50,000 level, they have as much as a 13 per cent tax increase over last year. In the income stratosphere, between $100,000 and $5,000,000-plus, there was no change. Already the government was taking from 62 to 79 per cent of all income above those I notches. i A comparison of the tax a mar- I ried person without children would take into account the fact that in better than two thirds of the states of the United States -there is anj income tax of varying size to be added to the federal tax before the amounts are comparable. The Brit- isJi income tax is paid to the central government and is not duplicated locally. Even after that fact is allowed for, the British tax stands well above any combination of state and federal income taxes that can be mustered, particularly in the lower and middle levels. On the corporation side of the income picture,, the laws of last year applied two new layers of taxes. The June tax law raised the rates on corporation earnings of less than $25.000 a year from « scale of 12 J /i to 16 per cent to one of 14.85 to 18.7 per cent. The same law lifted the tax on- corporation earnings of more than $25,000 a year from 18 per cent to 20.9 per cent. A month or so later, the excess profits law elevated it to 24 per cent. The British tax is 42% per cent.-. Up the line in both countries, the excess profits tax picks up extra earnings. In America, it takes part of them; in Great Britain, all. Neither business nor the seasoned taxpayer will do any different this year than usual. They will follow the usual process of filling out their returns and getting them in by March 15 in the case of individual taxes. Many of them will visit their bank or the collector's office to have govern- fill internal revenue bureau, many employees go down to get . this free one kind or another last year. All of the returns are checked for errors and given home, I'll be ruined," he said. The collector checked his files and found the man had been a ment tax experts help them out the blanks. Even in the aid in filling out their returns. have paid during the World War. Most members of congress do like- under the 1939 and 1940 acts and; wise under the British income ta.\es ; The "experts who give this help a thorough going: over if "any- [good taxpayer in the past. He — thing seems out of order. Like i told him: 5 ' ~~ — - - - - - | "YOU bring the money in when s you can. I'll see that no notices go ~ the one in New York in which a man deducted so much amusement tax that the auditor, after a liberal calculation ' in favor of the taxpayer, figured, that if the man had used that many tickets, he would •have had to spend every hour of every day of the year in a theater. Businesses are required to report to the bureau the amounts they have paid employees during the preceding year. The names on these lists are passed along to the proper offices so that these salaries may he checked against the| returns. If a taxable salary shows i up and no return comes in, the' bureau finds out why. I The bureau has broad powers to| tie up a man's property legally) for nonpayment of taxes, but* it closes up as few businesses as possible on the theory that when it closes a business it loses a taxpayer. It can be human, too. Witness the man whose wife handled the household finances. She gave him the money to pay his income tax. But he stayed too long at a bar and then was terrified at the thought of what his wife would say when she learned he had spent the money. He'd rather face the internal revenue collector. "If you send a bill to me at to your home." PRUNING TIME We Have a Complete Stock of Garden Tools. FREE PARKING NEXT DOOR SPRING! shows: Tax- World 1 able War Income Peak ?l .200 n 2.noo n 2.zm 30 4.nno 120 R.mio rao 20o.nnn int.ran 19.39 n n n 44 2-1? 31fi 2.2<!fi f!,3-H U2.199 ]53.0fi3 All income tax comparisons with i Great Britain, however, should Sprln?! Spring! beautiful Sprlnjc! When nature'* hell* KO tinK-a-lln3. Yotintr and old. just like the dove Follow fanrle* with thought* of luve. Spring Atari* Friday. February 2lst. IVhile >ou are husily engaged In *prlng holl^e- . . rleaning give u* a huzz to renovate ynur old are deputies of the bureau who piano! Thl* ran he done for very Ilttlr— --- -' ' • " .- i? *T '*--'ancl mayhe you'd like to trade it In for n-, heantlftil toned modern Spinet! Vie give! liheral allotvanre* on trade-In* and arrept! around $3 |H>r month on the difference. ' study ' tax regulations continuallyi in schoo.ls and through corre-! A combination of 7 proved ingredients that every dog needs 1940 Britishj.spondence courses. During the rest n ?fio O f the year, they are tracking " 7™ down non-filers and checking the ~" K72! re ' ;urn s that are filed. They brought in $96,000,000 of taxes of 1 What! -No Piano? KEDEWir.L'S— 222 W. WASH., PHOENIX IDEAL LABELS FOR IDEAL GIFTS Men! A Sure-Fire SELLOUT of 4,000 Shirts! BOSTON STORE'S semi -Annual mm Reg. 1.5O, 1.65 and 1.95 Qualities! • WITH ATTACHED WRINKLE-FREE COLLARS ' ALL WOVEN PATTERNS-NO PRINTS •ALL CHARACTERIZED BY FINE TAILORING •EVERY SHIRT IS SANFORIZED SHRUNK •FABRICS ARE GUARANTEED COLOR FAST •MANY WITH THE HEW SOFT COLLARS •HIGH LUSTER WHITE BROADCLOTH WITH LIFE-LONG COLLAR Months ago we contracted for these shirts—agreeing to give the shlrtmaJcer business during his slack season in return for $1.50 to $1.95 shirts to sell for $1.00. And he complied! ... with fabrics usually found only in shirts selling at these higher prices . . . and with expensive details and tailoring that met our exacting specifications. All fresh, new, just unpacked! Dozens of smart new patterns, whites, plain colors. COME EARLY Thursday and buy an all-spring of shirts made to sell for $1.50 to $1.95! <•>-> -:r-^i £?%%&} Lustrous white and colored broadcloths. Handsome jacquard patterned broadcloths, clipped figures, checks and multi-tones. Woven madras in a variety of colors. Oxford cloth shirts, attached soft collars. 5 types of popular collars. Stripes, plaids, slub weaves, plain and jacquard weaves. Sizes 131/2 to 19. Sleeves 32 to 35. m •\\v •\ v< w ^fr ^j^p^ If ^^- ^R^^ff^ ^portant-Man's Shop Open At 8:00 A. M. During This Sale! MAN'S SHOP MAIN FLOOR •$ flT Infinite ^Variety in New 9 awoit you In the Boston Store's complete showing of the season's smartest and most interesting weaves in rayon and silk. • Below we present three of the most outstanding fabrics. • II Service Symbol" Prints Boston Store — Phoenix Exclusive 1.OO Yard F3 different insignia of the armed forces used as designs en lovely colored grounds, and with permission of th« United States'Government. Medical Corps, Navy Boatswain's Mate, Army Signal Corps are a few. Authentic colors on spring background shades, and navy. 39-inch washable Enka rayon crepe. "Adam's Rib" A New Rayon with unusual surface interest Yard Boston Store — Phoenix Exclusive Exciting new ribbed effect that lends itself to firm, nonchalant draping in sportswear. A really new fabric ouf« standing because it has easy sewing qualities. Wide and stimulating color range. 39 inches wide. Mallinson & Heller Prints in Celanese and Rayon Jersey yard These bold, colorful screen prints on quality Jersey make dramatic frocks and lounging apparel. Graceful draping qualities add flattery to your garments. All-over floral and multi-colors. Mallinson's jersey, 42 inches' wide. Also woven multi-color stripes, 54 inches wide. Matching plain colors. 54-inches wide 1.00 A Box of LUX FREE with every dress length purchased this week. Consult Miss Sloan the LUX washabilify expert on the care of fine fabrics. She will be in our Fabrics Section all this week. FABRICS—MAIN FLOOR

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