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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Feb 01, 1944
Page
8
Washington officials announced tighter draft rules amid lagging December inductions. About 2 million deferments have reshaped classifications. 50,000 fathers inducted, 831,000 placed in personal deferments, and 500,000 marked as hardship or mental or physical unfit. New regulations demand pre induction physicals and limit escapist deferments for those not in active service.
Broad sales pitch targets men and women of all ages with claims of renewed vigor and vitality. Fragmented copy mentions product availability in San Antonio at Sommers and Walercen stores and hints at pharmacy distribution nationwide.
Le Tourneau A Speaker R 46 Le Tourneau Newelly Ane Winans inventor of layman preacher will travel by plane and pay expenses to evangelistic event. The carnines from 6 percent of stock pots for religious work. His furs lecture will be at 3 p.m Sunday at which Dr RB Spalu presented. Mayor Guy B M declared Hygiene week.
Two property owners filed suits seeking reassessment of taxes claiming overvaluation by the county. The cases argue improper valuations affected corporate and individual tax burdens and request property value adjustments for the 1943 tax period.
Washington February figures from the conference report detail the new income tax structure for 1945. The plan sets a $2,319,800,000 revenue target and outlines a 3 percent per capita tax, a victory tax on income over 624 dollars annually for family status, and tax liabilities payable by March 15, 1945.
The article explains the 1943 federal income tax, dividing it into normal tax, surtax, and the victory tax, with special rules for capital gains, bonds with tax free covenants, and the different ways the tax is computed on Form 140A and Form 1040. It details bracket rates, the first bracket limits, and the concept of surtax brackets and cumulative tax tables, plus credits and form distinctions for short and long forms.
The report outlines required tax documents and steps for 1943 filings. It notes Form 1125 from collectors, Form 1040ES, and wage records for 1943. It urges all armed forces members and other taxpayers to bring 1942 returns and exact tax payments. The chamber of commerce plans to assist workers and coordinate attendance for tax form help sessions at the hotel.
Washington round up final drafting work on a 2.0159 billion tax bill approved by a conference committee. The measure would raise about 1.0 billion from excise taxes plus 0.664 billion from individual income tax and more from corporate taxes and postal rates, with new rates on furs, cosmetics, night club checks, and amusements and higher postal charges. The bill faces House and Senate approval or rejection, with passage aimed by February 10 as excise rules take effect later and income tax changes apply to the 1944 tax year. The plan also contemplates simplifying the tax structure over time and discusses a possible uniform federal absentee ballot. Alarm clock brass and steel supplies may be limited to boost clock production.
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