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About The Omaha morning bee. (Omaha [Neb.]) 1922-1927 | View Entire Issue (June 21, 1924)
Internal Revenue Collector Explains 1924 Taxation Act 25 Per Cent Cut in Levy on Incomeg Analyzed—Ad ministrative Work Starts at Once. Work on the administration of the revenue act of 1924 was begun im mediately upon the passage of the new act. New regulations relating to the Income, estate, excise, special, stamp and other taxes are being pre pared and will be issued at the earli est practicable moment, according to the collector of internal revenue of the district of Nebraska. The provision for a 25 per cent reduction on the income tax of indi viduals for the year 1923. is not ap pllcable to corporations. If one-fourth of the tax was paid t>n or before March 15, payment of one-half of a similar amount satisfied the June 15 requirement. The tax, remaining unpaid after June 15, may be paid in equal installments on or before September 15 and December 15, respectively. Taxpayers, who paid in full the amount of tax shown on their re turns, will receive a^refund of 25 per cent without requirement of filing a claim. Returns, under the 1924 act, are re quired of every single person whoso, net income for 1924 was $1,000 or more, or whose gross income was $5,000 or more, and of every married person whose net income was $2,500 or more, or whose gross income was $8,000 or more. The 1924 act provides that. If a married couple has an ag gregate net Income of $2,500, or an aggregate gross Income of $5,000, each shall make a return, or the in come of each shall lie included in a single joint return, in w'hich case the MX shall be computed on the aggre gate net income. Married persons not living together, such as divorces or persons separated by mutual consent, are classed as single persons. Exemption for single persons is $1,000. Married persons, living to gether, and heads of families are allowed an exemption of $2,500, re gardless of the amount of net income. ( Ap- additional credit of $400 Is allowed for each dependent if such dependent is under 18 years of age or lncapalfle of self-support because mentally or physically defective. This $400 credit is not allowed for the husband or wife of a taxpayer, though one may be totally dependent upon the other. Under the revenue act of 1924 the status of the taxpayer is determined by apportionment in accordance with the number of months the taxpayer was single, married or the head of a family. For example, a taxpayer who marries on July 1, 1924. will be en titled to an axemptton of $1,750. For the first six montha of the taxable yaar he Is classed as single, entitling him to an exemption of $500, one-half of the $1,000 exemption allowed a single person, and for the last Bix months he is classed as married, en titling him to an exemption of $1,250, ore-half of the exemption allowed n married person. In such computa tions, a fractional part of a month is disregarded unless it amounts to more than half a month, in which case it 1s considered a full month. These figures are based on the assumption that the return Is made on the calendar year basis. The normal tax ratee are 2 per cent on the first $4,000 of net Income In excess of the personal exemption and the credits for dependents, etc. 4 per cent on the next $4,000 and ' per cent on the balance. The surtn: rates range from 1 per cent, on n< ! j Incomes between $10,000 and $14,00!!.; to 40 per cent on net incomes in ex-1 cess of $500,000. A special provision is that all net income up to $5,000 is deemed to be earned income. On this amount the taxpayer is entitled to a credit of 25 per cent of the amount of the tax. For example, a taxpayer, unmarried and with no dependents, whose net income for 1921 Is $5,000 is allowed a personal exemption of $1,000; the tax of 2 per cent on the $4,000 of taxable Income is $80, one-fourth of which, or $20. may be deducted. In no case is the earned net income considered to be In excess of $10,000. A taxpayer, who receives a salary of $200,000 can claim only $10,000 as "earned net Income." In the case of a married man with no dependents, whose earned net in come is $7,000 and who has other Income <5f $1,500, a total of $8,500, the tax. without the benefit of the 25 per cent reduction, would amount to $160—$8,500 less a. personal exemption of $2,500’, equalling $6,000, on which the tax on the first $4,000 at 2 per cent amount to $80, and on the next $2,000, at 4 per cent, to $80. _ One Good Reason Why Omaha Motorists Should Have Brakes Tested sk. -__. _ ■ IlVre ' a good reason why you should have your brakes tested during brake testing week, which begins Monday. On tills occasion It was a telephone pole and not a “kiddie* that got hit. Often it's the other way. The testing is to he done free, on fapltol avenue between Fourteenth and Fifteenth streets. Test ytour auto brakes and save some child from the life of a cripple. Remember that children will run into the afreet after balls, that they must play, *ind that sometimes they will play in the streets, despite the admonitions of their parents. And remember this, don't hesitate to take advantage of tho free brake testing facilities, which are being provided for all Omaha motorists on Capitol avenue between Fourteenth and Fifteenth streets, beginning at 8 next Monday morning. All right-minded motorists take every possible precaution to avoid ac cidents. Faulty Brakes Treacherous. But brakes are sometimes neglect ed. And neleeted brakes are treach erous. Kxperts have proved that a Mg majority of automobile accidents are due to faulty brakes. To run down some innocent pe destrain, especially, If that pedestrain should happen to Ije a child, Inflict not only pain on the victim, but un ending remorse. The Omaha Hee, with the co-opera tion of Police Commissioner Henry IJunn and the Omaha Automobile Trade’s association, is offering an op portunity for one week, beginlng Monday, for all motorists to have their brakes tested. If the brakes are in good working order you will be presented with a sticker for your windshield. This sticker will mean a lot in umana. n will classify you as a careful, con sclentous driver; as a good citizen. .Service Entirely Free. There are no obligations accruing from the brake tests. They cost nothing and the experts who will con duct them have only one desire, and that is to help make the streets safe for you and your children. Should it develop that brakes aren't working aa they should, the experts will tell exactly what Is needed ,to make them right. They will specify no special materials, and no certain places where they should be fixed. Brake test weeks similar to the one which Is to start In Omaha Mon day are being held in the larger cmee or me country. aiarcus rww, president of the National Safety council and a leader of the National Brake Inspection movement, is spon soring these weeks. legislation Desired. Eventually it is hoped that statutes will be enacted in all states govern ing brakes and brake testing. The safety code on brakes and brake test ing is being sponsored Jointly by the American Engineering Standards' committee, the American Automobile association, the Bureau of Standards, Department of Commerce and the So ciety of Automotive engineers. These organizations are now trying to re vise ordinances that will be national ly accepted. Muny Gasoline Goes to 13 Cents “Loan” of Fuel to Neighbor ing Station “Noticed” by Elrod. Omaha's "gasoline war” Is becom ing more complicated every day. With a cut In "muny” gasoline, to 13 cents Friday morning come* word from Benjamin Elrod, the first of the cut price dealers who Is now selling at 14 cents, that gas was being de livered from the muny station to the Service OH company at Eighteenth and Izard, another 13-cent station, late Thursday night. When questioned about It, Com missioner Hopkins who runs the "muny" station said: “we Just loaned them a couple of loads—they couldn’t get their car spotted. It was Just a loan, nothing else. We'd do the same thing for Elrod If he needed It." The dropping of the price at the "muny” station makes three now selling at 13 cents, the mystery sta tlon and the Service Oil company being the other two. Commissioner Hopkins made the following statement this morning: "We cut the price of our gas to 13 cents a gallon this morning because we can sell gas at that price and we feel that the people ought to get the benefit of It." Elrod believes that the "muny" station Is selling at a loss now In the anticipation of a lower refinery cost. "I'm doing Just a plain straight forward business here, I’m not trying to run anybody else out of busi ness." he said. "I'll be selling gas at a fair market for a long time. Klan Organized at Harvard. Harvard, Neb., June 20.—Handldlls announcing that the Ku Klux Klan had organized in Harvard were dis tributed here this week. The dodgers declared the klan was working for law enforcement and "a better and cleaner city.” ___ Jokesters Must Make ’Em Original Mark Twain Cites 17 Bases Upon Which to / Build. Where to P.. T.ocal T.afe Today. Vortoria Theater . Omnlin lathrnn Theater Omnhu Kmureea Tlieater . ..('entrnl t (tv. \i-b 171 evtrte Theater . Me(nok. \e(i Be* Theater . Alhinn. N.b Auditorium . . Kaatinffe. Neb. Mark Twain once paid that there j were only 17 original Jokes In the j world, and all the others were In some way modifications of these. And judging from the many repeaters that are received by the Local Laf editor of The Omaha Bee, Mark was right. Master Jokes, belonging to the orlg Inal 17. only crop up once In many years. But original variations of these master Jokes should not be so extremely difficult to create. Simply to repeat a Joke that you have heard elsewhere la to follow the path of least resistance. It puts your Joke In competition with the many others that are being received each week by the Local Laf editor. But to sit down and think up an original twist of humor is to give yourself a start over the rest of the field which Is hard for them to over come. For the Local Laf editor Is always willing and anxious to accord recognition for originality. It will pay you to bear that In mind. Make your Jokes ORIGINAL. Three Mexican Laborers Driven Out of Cuba, Kan. Cuba, Kan., June 20.—Three Mexi cans brought to this place by the Burlington railway to work on the section under the local foreman Thursday afternoon were visited by a delegation composed of about 25i tr".""~Tr ' ■" citizens and requested to leave. The foreigners were given quarters In a bunk car In the railway yards for the night, and later were frightened Into leaving their bunks. They hid in the yards until shortly before daylight, when they left on foot, following the tracks to Morrow ville, 15 miles to the north. Burgess Bedtime Stories --' By THORNTON W. BURGESS Tm qu««r how thing* may hlddan ba. Whan often they are plain to ece. —Mr*. Hummer. Hidden Though in Plain Sight Feathered folk are very much like human folk. There la just as much difference in them. Some are lazy, while others are great workers. Some are careless while others are very careful. Home do not seem to care how they look, while others take the great est care of their personal appearance. Horne ore very, very fussy about their nests nnd Insist that they must be just so, while others do not seem to care what their nest, dook like, so long as they will hold the eggs and babies. Mrs. Hummer the Hummingbird Is one of those who Is very, very partic udar. She is a very dainty little per son herself, and everything around her must be dainty. Ho she builds the daintiest, of nests, Jenny Wren had told Peter the truth when she said that Mrs. Hummer's nest looked like nothing In the world so much as a knot, a lichen-covered knot, of the tree in which it was built. Every lit tle bit of lichen was placed with the greatest care. It dooked as If it had always grown there. Now, there was some people who might think that such care and pains to have everything just so were not worth while. But Mrs. Hummer knew better. She knew that they were worth while. You see, see knew that the more perfectly that tiny nest was covered with those lichens the less likely It was to be recognized If seen. It wasn't hidden under anything or behind anything. It was In plain sight of any of the feathered folk who might happen to alight on that branch. Ypt It was hidden. It was hid den in plain sight because It was made to fit ao perfectly with Its surround lnga that It aeemed a part of them. So It waa that, when at laat there were two tiny white eggs In It, eggs no bigger than the smallest elzed bean, Mrs. Hummer began sitting on them without a worry of any kind. Time and again other feathered folk alighted cloee beside her yet did not see her. You see, she was careful not to move. Sometime she would chuckle down Inside. Once Welcome Ro bin alighted so close that he could < have reached out and touched her. But he didn’t see her nor the nest at i all. She never left It when anyone was near to see her go. She never return ed to It when she was at all likely to be seen. So Mrs. Hummer kept her secret. Not even Hummer himself knew where that nest was. Many a bird bigger and stronger by far than Mrs. Hummer had more cause for worry than had she. even when the tiny white eggs had become to tiny birds no bigger than bee;-. Once Chatterer the Ited Spulrrel ram* running out along that branch. Me-. Hummer was on the nest. She dldn t move. She kept her bright eyes fix. d on Chatterer, but kept perfectly still. She knew that Chatterer’s eyes were sharp. She knew that there wan little he missed. But even when he had run out admost to the nest she continued to sit there motionless. She knew by the look In his eyes that he hadn’t seen that nest, and she had a feeling that he wouldn’t. He didn't. Just before he reached It he jumped across to another branch, and again all was well. (Copyright. H*4.) The next story: "Mrs. Prlcklj Porky.” Corn Showing Half Crop. Glenwood, la., June 20.—Corn la about 50 per cent of a stand In west ern Mills county, which Is the best corn county In Iowa. MRS. HOYT IS GLAD TO TELL HER EXPERIENCE “After All Tanlac Ha* Done for Me I’m Glad to Make a Statement,” She Say*. “After all Tanlac has done for me I am glad to make a statement to be used In letting everybody know what a wonderful medicine it la,'* these are the grateful words of Mrs. W. E. Hoyt, 823 L street, Lincoln, Neb. “Before I took Tanlac Indigestion broke up my rest at night and wouldn't let me have any peace dur ing the day. I only weighed 87 pounds, and became so nervous, weak nnd dizzy that I couldn't trust myself to walk across the street. “Tanlac corrected all my stomach misery and gave me such a ravenous ippetite that I soon got back to my normal weight and strength, and now I am feeling fine. I have six children, <eep four of them in school and have J ots of work to do about the house • md Tanlac has given me energy and itrength to meet all my requirements. n ro me there's ndthlng like Tanlac." Tanlac Is for sale by all good drug rlsta. Accept no substituta. Over 48 v I ONLY 3 MORE DAYS Running Races! ;Jk-Sar-Ben Field—Rain or Shine ul*11 mj i ron ini " 1 "• “ SATURDAY. JUNE 21 I'STOCKYARDS DERBY General Admission $1.00 Plue Tas—Auto* Free. Reserved Seat* on Sale at Baaton Drug Co., Fontenelle Hotel, Unitt-Docokal Drug Co. Races End June 24 1 NEIGHBORHOOD THEATERS GRAND ------ 16th and Blnney ELEANOR ROARDMAN In “THREE WISE FOOLS" BOULEVARD - - 33d and Leavenworth AmaUur Vaudeville Colleen Moore In “The Huntreee" LOTHROP - - - - - 24th and Lothrop HOOT GIBSON In -THE RAMBLIN’ KID" f 1 STARTS j [ TODAY Bert Smith Follies [ Ikeee t»"s I RICHARD TALMADfiE “IN LET’S GO” M STARTS TODAY “DAUGHTERS OF TODAY” MRS. v/.t. Hoyt million bottles sold. Take Tanlac Vegetafcls Pills.—Ad ertlsement. " ■ ll Here's Comfort for You! Instantly—when you slip into a Bond —and what’s more you’ll not only be com Tropical Worsted Suit—you’ll feel like a new fortably cool—but you’ll have that well fellow. Cool! Fresh! Comfortable! As light groomed look that every good dresser demands, and airy as a lake breeze. Bond’s Feather Weight Tropical Worsted Suits “Triii* Rln*>” Bond’s Genuine i rue Diue Palm 3eacli Through and through 2'PentS Suits There ian’t a warm Bond's All Wool gs1 Dark color* and light nf O _ O •» color* in *iiee to fit ulU€ u€Tg€ uUlts ***■ Popular t h e y e a r ’round, but they gain favor in the summer time. Open Saturday Till 9 P. M. NEWYORK LOU ISVTLLK ! ! CHICAGO COLUM BUS *’LI VELAND CINC INN ATI DETROIT ST. LOUII AKRON KANSAS CITY TOLEDO LORAIN PITTSBURGH OMAHA YOUNGSTOWN BUFFALO