Indianapolis Times, Indianapolis, Marion County, 8 April 1948 — Page 16
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$5 Billion Owed, Says U. S. Treasury WASHINGTON, Apr. 8 (UP)— Undersecretary of Treasury A. L. M. Wiggins today called federal
America.” He estimated pay-| ment of $1 billion a year is levaded. Mr. Wiggins also estimated that the accumulated amount of evaded taxes now totals at least $5 billion. He disclosed that 17 agents now are working on a large tax evasion case with “national and internationdl ramifications.” He urged a Senate Appropriations Subcommittee to approve additional funds for the Internal Revenue Bureau to combat tax evasion. He said that the bureau now has enough money to spot check only three per cent of income tax returns. He said that a spot check of income tax returns of five persons whose names were picked at random from a telephone directory in an unidentified city “found all five stealing from the government.” Mr. Wiggins said that the first of three cases investigated in another city showed that $200,000 in taxes had been evaded over a period of four years. He sald that the individual had paid only
{ternal revenue bureau's investigation showed $240,000 was due.
Insist KJ FI CY 1X38
*CHILI’
“ 1 in a Ll
tax evasion the “No. 1 racket in|"
{$40,000 of taxes, whereas the in-|
.
ivision Here
* Activation of a volunteer med-
| ical division for’ the Naval Re-
serve in Indian
USN
Street Naval Armory.
Coin Club to Hold 2-Day Open House
in Hotel Washington.
in Indiana.
THE INDIANAPOLIS TIMES
|Cnaacl -Soniety 4k og
apolis was the goal of a series of interviews and | conferences, planned here to-|ices for 14 students of the uni tay by Rear|versity. A. R. Embry, IndianapAdm. Fredric L. olis unior, is residen Conklin (MC), re ime Pp owe
Beginning at (poston, hn the Ninthisrq Cooper, Paul R. Meyers, Rex Nayal District Van Trees, Thornton Kios, RichAdm. Conklin from Great Greene, Miss Ruth O. Ma-
Lakes, IIL, will interview Naval ynges™ Jacquelin Reserve medical officers from In-| dianapolis and vicinity at the 30th pos marr Ek Evento Bo rt H. Fields, Marion and John
In observance of the opening of National Coin Week, the Indianapolis Coin Club will hold an|266-foot open house Saturday and Suniay .
Gov. Ralph F. Gates has signed (] ar executive order proclaiing LApr. 11-17 as National Coin Week
s Initiates The Butler University radio
Alpha, has held initiation serv-
members are: Jack A. Jerry R. Chapman, How-
lhoney, Miss Betty Lee Miller, L. Smith and
Gieberg, Ft. Wayne.
ILLUMINATE SEVEN FALLS ' Eighty giant flood lights and more than 1000 small spotlights now illuminate Seven Falls, the
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