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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
High Point Enterprise
Location
High Point, North Carolina, United States of America
Date
Feb 25, 1918
Page
6
The article explains how the income tax provisions of the War Revenue Act affect individuals, using fictional examples John M. and John D. Smithkins. It contrasts taxes due with prior year incomes to illustrate tax operation under the 1917 act and the 1916 act.
The text explains 1917 income tax rules with rates for singles and married individuals, including normal tax 2 percent and rising surtaxes up to 50 percent on very high incomes. It notes 6 million filers expected, $2.5 billion revenue, extended filing from March 1 to April 1, 1918, penalties for late payment and false returns, and government efforts to inform taxpayers while urging patriotism and support for war finances.
Mrs E J Bedard of Cowichan Washington praises Foley's Honey and Tar as the best remedy for her children. She keeps a bottle at home as a quick cure for coughs and colds and notes it eases inflamed surfaces and hoarseness. Mann Dray Co.
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