Evening Republican, Volume 21, Number 262, Rensselaer, Jasper County, 7 November 1918 — Marked Variation in Yield Of Income and Profits for Different States This Year [ARTICLE]

Marked Variation in Yield Of Income and Profits for Different States This Year

Wide variation in the yield of income and excess profits taxes in different states this year, as compared with income tax payments last year, was shown by tabulations of the internal revenue bureau at Washington. Eight times as much revenue was received from these sources this year as last in the entire country, the comparative figures being $2,821,000,000/and $359,000,000, yet the increases by states ranged from 2.6 times for Idaho, Utah and Montaqa to 15 times for Mississippi, Alabama and West Virginia. New York state ranked first in the volume of Income and excess profits taxes returned this yea?, yet the increase over last year’s yield was only 51-3 times. Tax officlals, it is said, have found it Impossible to draw definite conclusions concerning tax evasions from the tabulations.

Increases by other states were as follows:

South Carolina, 132-3 times; Kentucky, 13; Arkansas and Oregon, 12 each; Illinois, Ohio, North Carolina and Pennsylvania, 11 each; Louisiana, 10%; Nebraska, Tennessee and Wisconsin, 10 each; Maine, Vermont and New Hampshire (jointly), 9.7; Georgia, Kansas and Minnesota, 9 each; Virginia, 8.8; Missouri, 8%; Washington, 8.4; Wyoming, Colorado and Indiana, 81-3; Massachusetts, 81-5; Connecticut and Rhode Island (jointly), lowa and North and South Dakota, 8; California, 7%; Florida, 71-3; Michigan, 7; New Jersey, 62-3; Delaware, Maryland and District of Columblt (jointly) and New Mexico and Arizona (jointly), 6% each; Texas, 4%; Oklahoma, 2.7. \