ITEMS OF INTEREST

The income tax bill, which has now passed both branches of the Wisconsin Legislature, provides that:

If an income is over $500 the recipient must make a return to the assessor; if one is unmarried the income will be taxed when it passes the $800 mark; married men are taxed on incomes over $1200. The tax is graduated, starting at one per cent on incomes of $1000 or any part of it and increasing one fourth of 1 per cent on each added $1000 until $12,000 is reached, when the tax is 5½ per cent. Over $12,000 the tax is six per cent.

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THE ALL-KNOWING
July 15, 1911
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