Individual Income Tax: Hearings Before the Committee on Ways and Means, House of Representatives, Seventy-eighth Congress, First Session, on a Proposal to Place Income Tax of Individuals on a Pay-as-you-go Basis. February 2,3,4,5,8,9,10,11,12, and 15, 1943 |
From inside the book
Results 1-5 of 100
Page
... Amount and effective rate of individual income tax that would be canceled for 1942 at selected levels of net income , if 1942 tax were computed at 1941 rates and exemptions- married person , no dependents__ Table B. Amount and effective ...
... Amount and effective rate of individual income tax that would be canceled for 1942 at selected levels of net income , if 1942 tax were computed at 1941 rates and exemptions- married person , no dependents__ Table B. Amount and effective ...
Page 11
... amounts collected at source when he files his tax return at the end of the year . The amount of the tax liability is determined by the rates imposed on everyone , whether the liability is collected at source or not . Consequently , it ...
... amounts collected at source when he files his tax return at the end of the year . The amount of the tax liability is determined by the rates imposed on everyone , whether the liability is collected at source or not . Consequently , it ...
Page 13
... amount . The administrative problems will , of course , have to be weighed , but since dividend receipts repre- sent a sizable portion of the income of millions of taxpayers for 1943 , collecting the tax on such income at the source ...
... amount . The administrative problems will , of course , have to be weighed , but since dividend receipts repre- sent a sizable portion of the income of millions of taxpayers for 1943 , collecting the tax on such income at the source ...
Page 17
... amount collected currently . For example , if current collection applies to normal tax and the surtax at the first bracket rate , there is doubling - up with respect to this part of the tax , but there is no doub- ling - up with respect ...
... amount collected currently . For example , if current collection applies to normal tax and the surtax at the first bracket rate , there is doubling - up with respect to this part of the tax , but there is no doub- ling - up with respect ...
Page 18
... amount of money taken into the Treasury in any given span of years . Each individual sub- ject to taxation in 1942 has 1 year's liability canceled , but he is at the same time required to pay another year's liability sooner than he ...
... amount of money taken into the Treasury in any given span of years . Each individual sub- ject to taxation in 1942 has 1 year's liability canceled , but he is at the same time required to pay another year's liability sooner than he ...
Other editions - View all
Common terms and phrases
1942 liability 1942 tax liability 20 percent ability to pay additional assessment asset Beardsley Ruml brackets BRAVMAN BRENCKMAN burden cancelation CARLSON CHAIRMAN collection at source committee Congress COOPER CRAWFORD current basis current income death tax deductions DEWEY DINGELL DISNEY dollars Doughton earned employers estate tax estimated farmer Federal FORAND forgiven forgiveness going Government income-tax debt income-tax return increase individual JENKINS KNUTSON last year's income loss March 15 MCGRANERY McLEAN ment method millions net income normal tax PAUL pay taxes pay their taxes pay-as-you-earn pay-as-you-go basis pay-as-you-go plan pay-as-you-go tax payable payers period PICCHIONE present system problem proposal question receipts received refund Revenue Act RICHMOND ROBERTSON Ruml plan savings statement suggested surtax tax debt tax due tax payments tax rates taxable income taxation tentative tax tion Treasury Victory tax wages and salaries windfall withholding tax year's taxes
Popular passages
Page 408 - If there is no objection on the part of the committee, I would like to ask that they be made part of the record. Mr. JARMAN. The committee would be glad to receive them. (See "Compulsory Commitment Law for Alcoholics,
Page 508 - All persons undertaking as a matter of business or for profit the collection of foreign payments of interest or dividends by means of coupons, checks, or bills of exchange...
Page 507 - ... payments and required to make returns in regard thereto by the regulations hereinafter provided for, shall render a true and accurate return to the Commissioner...
Page 507 - ... interest, rent, salaries, wages, premiums, annuities, compensation, remuneration, emoluments, or other fixed or determinable gains, profits, and income...
Page 507 - That all individuals, corporations and partnerships, in whatever capacity acting, including lessees or mortgagors of real or personal property, fiduciaries, employers, and all officers and employees of the United States, having the control, receipt, custody, disposal, or payment, of interest, rent, salaries, wages, premiums, annuities, compensations, remunerations, emoluments, or other fixed or...
Page 523 - ... or in the case of the head of a family or a married person living with husband or wife, a personal exemption of $2,500.
Page 188 - I do not think it is fair and I do not think it is in keeping with the spirit of democracy.
Page 519 - In their enlightened belief, nothing stamped with the Divine image and likeness was sent into the world to be trodden on and degraded, and imbruted by its fellows.
Page 519 - Wise statesmen as they were, they knew the tendency of prosperity to breed tyrants, and so they established these great self-evident truths, that when in the distant future some man, some faction, some interest, should set up the doctrine that none but rich men, or none but white men, or none but AngloSaxon white men, were entitled to life, liberty, and the pursuit of happiness...
Page 507 - ... or more in any taxable year, or, in the case of such payments made by the United States, the officers or employees of the United States having information as to such payments and required to make returns in regard thereto by the regulations hereinafter provided for...