Jasper County Democrat, Volume 14, Number 21, Rensselaer, Jasper County, 1 July 1911 — INCOME TAX IN WISCONSIN NEAR [ARTICLE]

INCOME TAX IN WISCONSIN NEAR

Measure Passes Legislature and Is up to Governor. WHAT INCOMES WILL BE TAXED Salary of SBOO a Year for Unmarried and $1,200 for Married Persons to te Exempt— Other Exemptions. Madison, Wis., June 30. —Wisconsin will undoubtedly soon have an income tax. The senate refused to reconsider the vote by which it concurred in the income tax bill. The vote was 14 to 11 against reconsideration. This eliminates the possibility of the measure being sent to the people for final action and finally puts the income tax question up to the governor. Prior to taking the vote there was a short discussion in which the chief feature was the reading of a protest from Kenosha manufacturers against the bill and the statement of Senator Bishop that the workers were against Ihe proposed law. The assembly bill v.as concurred in by the senate Wednesday night after a long and acrimonious discussion by a viote of 15 to 14 and this later vote finally ends the fight which began Jan. 1. Here are the chief provisions of the bill. If an income is over SSOO the recipient must make a return to the assessor. - If one is unmarried the income will be taxed when it passed the SBOO mark. The tax is graduated on incomes starting at 1 per cent on incomes of SI,OOO or any part of it and increasing efie-quarter percent'on each added sl,000 until $12,000 is reached, when the tax is 5% per cent. Over the $12,000 the tax is 6 per cent. Corporations will be allowed exemptions on sums paid for salaries and wages if such corporations return to the assessor the amounts of such salaries and the names of those receiving them. In computing the tax and exemptions the income of husband, wife and each child under eighteen years is added, when all live together. United States officials are exempt so far as their salaries are concerned, as are pensions from the United States, salaries of members of'the legislature, and taxes paid upon the business from which the income is derived.