Revision of Federal Taxes Explained
The Internal Revenue lists principal changes approved by Congress last month. Income taxes revised provide new rates and brackets impacting individuals and businesses.
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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Dec 14, 1921
Page
6
The Internal Revenue lists principal changes approved by Congress last month. Income taxes revised provide new rates and brackets impacting individuals and businesses.
A Pittsburgh report details changes under the Revenue Act of 1927 effective November 28, 1927, including repeal of the excess profits tax and modified personal exemptions. It explains tax rate adjustments for 1921 and 1922, higher exemptions for families, and safeguards to prevent tax increases from exemption reductions.
The article outlines 1922 tax changes including exemptions for corporations and individuals, rate increases from 10 to 12 percent for certain taxes, and elimination of taxes on several consumer items effective January 1 1922. It notes filing deadlines and installment options for the year, plus related political and local notices.
A compact listing items washing machine ironing machine vacuum sweeper percolator toasters ovens grills offered for sale or trade. The ad notes bulk purchase and potential delivery arrangements.
A Pennsylvania railroad worker at 1226 Christian St. Har idhurige Pens Me hid stomach trouble caused cramps and pain until he used Tarlac. He reports a full appetite, no pain, and renewed energy, praising the remedy and a money back guarantee.
Fragmentary OCR lists suggest a wartime trade or factory sale listing. Mentions names like Leon Moorms and Carlier along with items such as trees and a batdwly. Content is garbled and reads like a miscellaneous catalog line from a wartime periodical.
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