Jasper County Democrat, Volume 21, Number 96, Rensselaer, Jasper County, 1 March 1919 — DON’T TRY TO SIDE-STEP THIS [ARTICLE]

DON’T TRY TO SIDE-STEP THIS

Income Tex Must Be Paid, and It’s Better to Pay Gracefully. It is probable that at least onehalf of the farmers and hundreds of the business men of Jasper county aTe "caught" by the Income tax for the year 1918, and everyone subject to this tax should "come across" gracefully and not make any effort to avoid paying their proper share of the war burden. It is a mighty dangerous and expensive thing to fall or refuse to make the proper returns, and one should 'remember that it has been the war prices that has swelled their not income above the amount that makes the tax apply. Don’t grumble and, say that your expenses ate yp all the profits, for If they did you have no tax to pay. It is on your NET income that you pay, and not on your gross inoome. If you are a single man and yoyr net income (not including personal expenses) was over SI,OOO you should pay on the excess over sl,000; if married, you are allowed $2,000 exemption and only have to pay on the excess above SI,OOO. The tax is 6 per cent on net income up to $5,000, and is graduated from that point on, the greater the Income the higher the tax. 1 i•»| - • So be honest, pay the amount you are required to and he thankful that your net income was sufficient to make you subject to. this tax.