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U S Tax Revenues Rise in 1952 Across Forms
The federal government collected 68.2 billion dollars in all forms of taxation in 1952, up 2.2 percent from 1951 as postwar tax laws took full effect. Corporate taxes climbed 34 percent to 22.19 billion and individual income taxes rose about 20 percent to 35.26 billion, with total federal receipts near 82.5 billion. New York Illinois Pennsylvania Michigan and California led state tax payers, while the Independent Press-Times lists major local ads after the tax figures.
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