Newspapers / The Roxboro Courier (Roxboro, … / Jan. 31, 1943, edition 1 / Page 6
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PAGE SIX STAH INCOME ! TAXES ROLL IN | I Carolinians Paying More ; And Earlier I RALEIGH, N. C., Jan. 29,-J Payments of State income taxes ar£ -coming into the Stale Reven- j ue Department at a rate that has ( sent coiuections so far more than $2,000 000 over collections forthe 1 same period a year ago, depart- [ ment figures revealed today. j Collections from July 1, 1942.' It Takes Both, War Bonds and Taxes, to Win —Victory Tax Special Direct Levy Asked to Help Meet Heavy War Costs I WASHINGTON, D. C.—Approximately 50,000,000 Ameri can workers began to make an added contribution to the i War cost this month in the form of a 5% Victory tax. For many millions of Americans the Victory tax and the ! 1943 income tax are the first direct levies to be made by the ! Government to meet the staggering War costs. And it will ; take both . . . taxes and War Bonds ... to provide the sup plies and materials to win the War and the peace afterwards. j The Treasury Department estM - mates that the Victory tax will raise ' approximately $2,000,000,000, Every j person receiving more than sl2 per ( week must pay the Victory tax upon that part of his income over and above the sl2. For example,; a mar- . ried man with a salary .of $53 per ; week, with two dependents, would j make only a net payment of $1.03 per week after allowance for post war credit. The Government has marie, every effort to make the impact of the new tax as light as r .noble. The law, in ci'fcct. provides, that in the case of married persons wh -se sole income is fren wages or s 'ary. 1 percent of the Victory tan paid (up to a maximum of s!.(■.'■." pins 2 per-, cent for each dependent (.up. to a maximum of siCoi may lee used as a credit against whatever Federal income taxes the individual may owe at the end. of the year—provided he from me host secure coups || if/’ i! •' OF MSPARACttUJCS TO r*e- SIS/Jsfi/ HMNStS.erMFO&M Attohf£B* WfatK msf/Mssr™*coMßSo ° f t * - S 1 OUCH -IT HAS A COTTON COUCHED JjL . Tutt !!£*£*"• 1 **rness which is hehiovabce. corps P m WL™ ”«««! lit* 14 OMl * tu*ch%p*!oZo"coo‘ PAW Os j Jes KB! iSSSypS A Fine Lot of Perfect Broke, Well Mannered Mules. These Mules Are Bought Direct From The Farms HARD FLESH READY FOR WORK «* ■ M Come Out and Look Our Selection Over-Prices Most Reasonable-SEI LOR TRADE—CASH OR CREDIT aIMMIMI BENNETT & WINSTEAD I THOMAS R. BENNETT * (At Camp Fertiliser Plant) W. C. “BILE WINSTEAD [through Jan 25, 1943, amount tc| I $5,410 861 composed witn $3372, -j j 94Tf during the same period of ! the previous fiscal yea • Revenue Department officials’' attribute the increase both tc i mere money due the State and to efforts to taxpayers to make' early payments. | They said during the past sis-, cal year total income taxes patd | | the State amounted to $ 12.552 4J9.| ! Members of ihe Advisory Budget'! Commission harve predicted that,- collections for the current fiscal, j year would be the largest in his-J 1 tory ant would amount to op-' proxinm.-'iy $26,300,000. '* ‘ i has purchased certain War Bonds, j or paid old debts or paid life insur- I ahee premiums equal to the amount of this credit. In the case of single ! persons this credit will be 25 percent 1 of the Victory tax paid (up to a ■ maximum of SSOOI. Should the Vic ; tory tax credit exceed the individu al's Federal income tax. the unused portion of,the credit may be refund able to the taxpayer. Even: wlih the Victory tax, the j IS 13 income fax. and all other taxes, paid by individuals, the average American, will have more money with which to buy War. Bonds than, ho has ever had I f re. Here arc the statistics v.vk.t, c:.;'a fnat statement: In 1910 the total iu.cer. c ; x'ents made t > the At .era u ; ole uin-:: \d to it 70 billa ; i '. :'S. I la that i- cue year the total i taxes paid. Federal, State ar.v LIJNE CREWS STILL BATTLE WITH BROKEN POLES, TWIST ED LINES (continued from front page) and Person young men return ing frem Army induction at Camp Croft, reported that ice was not noticeable beyond Win ston-Salem. Some concern was felt here by City officials for the operation of the City pumping station but service is to be restored in short time. Work at neither Longhurst nor at Collins and Aikman mills was interrupted. were roughly 2.5 billion dollars, leaving 73.5 billion dollars of dis posable income. During 1943 total I income payments are expected to I rise to 125 billion dollars and total j personal taxes under existing reve- j nue legislation will be 15 biiiion dol lars—leaving 110 billion dollars of income at our disposal as against 1 only 73.5 billion dollars in 1940. | In 1913 Mr. Average American will . } still be carrying a much lighter lax - : load than his Canadian or English ! ! brothers-in-arms. In Great Britain i ! total national and local taxes paid , I by individuals at present amount to , 31 percent of the national income, i In Canada, total individual taxes ■ i amount to 23 percent of the national income. In the United States, total j personal taxes. Federal, state and j local, w ill amount in 1943 to 18 per j cent of national income. Cur Eng lish allies invest an additional 10 , : percent of national income in War | savings. Our Canadian allies invest I an additional II percent cf national income in War ravings. We Arr.cri- I cans, to match the record of our Ca- ! i ifcriim neighbors,, would have to in- j ! vest this year 23 percent of pur na j tional i ca rue ill War savings. To j match the English record me would : : have to invest 28 percent of national income hi War savings. L . i. //. l>££artni-cnt PERSON COUNTY TIMES ROXBORO. N. C. GRAHAM UNIT ASSISTING I FARMERS WITH 1943 GOALS j (continued from front page) I rate of interest on production’ credit -loans is charged only onj the actual amount borrowed, and only for the time the money is in use. He said that repayments are made as the crops,livestock or products are sold. He gave dairymen as an example, say ing that they usually pay In in stallments out' of their checks for milk or cream. Loans for crops, he pointed out, usually fall due during the marketing season. In all cases, he) added, j the repayments may be planned | to fit the farmer’s needs. The Graham Production Cred it Association serves the coun ties of Alamance, Caswell, Chat ham, Durham, Guilford, Orange,' Person, Randolph and Rocking ham, and furnishes short-term j credit for general agricultural and livestock purposes. The as-1 isociation has a membership of j 2473 farmers residing in the; nine counties served. During the year just closed: Graham Production Credit As-! sociation made 1609 loans for a total of $607,655.22. This com-! pares with $560,217.81 loaned in the preceding year. In Person Ccunty, in 1942, loans were made to 275 farmers, for $81,514.69. For the sixth consecutive year no losses because of bad debts were charged off by the associa tion, which, according to Mr. Bishop, proves that Piedmont North Carolina farmers can, will and do pay their debts and are' good credit risks. A substantial' additional amount .’.as set aside! by th: Association in its surplus! fund. j The association’s annual mem bership and stockholders’ meet-! ing will be held on Saturday,l March 20, at the courthouse in’ Graham, beginning at ten o’clock, a. m. PERSON GROUP FROM CAMP CROFT GOES TO BRAGG (continued from frent page) j ton, Jr., Elmo H. Whitlow, Louis M. Day, Reams A. Clayton, J. 1 Malcolm Guill, Carl T. Foushee, Alvis W. L:e, Chester A. Fogle man and Charles H. Rudder. Also, Early W. Stone, James, M. Featherston, Jr . William A. | Lea, Clyde G. Whitt, Wallace R. | Mcore, John J. Stephens, Ira C. Tingen, Jr., Robert L. Masten, Raymond C. Johnson, Earl W. Clayton, Raymond E. Timber lake, Perry B. Evans, Jr., Davie L. Phillips, Barkley T. Coates, John M. Ferrell, Daniel L. Ro-j j bertson, Melvin G. Campbell,! i LiV Abner says — Gawsh! There ain’t much time I b’fore New Year’s and we gotta sign up fer War Bonds with 10% of our pay by thet time! Call City Dairy and Ice Co. j Phone 4233 for goed Country Style Butter milk. Eurial Bowling, Robert P. O’- Briant and Charlie G. Lester. About twenty other young men received different classifi cations or were retained for further examination. LOW LEVEL CLOTHING FUND AT SAMARCAND SHOCKS LEGISLATORS (Continued from front page) the Advisory Budget Commis sion. Dr. W. A. Sltanbury, chairman of the board of trustees of thej school, then told the committee! that he did not see how the sup erintendent could say that' thal school was satisfied -with the re-i I commendations. The Budget Com- j mission recommended appropria tions of $74,505 for 1943-44 and $70,356 for 1944-46. Last fall the| superintendent requested before j the Budfiet Commission $71,577 for 1943-44 and $69,338 for 1944- 46. Dr. Stanbury told the commit tee that girls at Samarcand wear, “ervorails so patched you can’t j tell where the overalls stop andj the- patches begin, and the only coats they have are made of cot- 1 ton outing.” H? said that the, State should provide for girls j at Samarcand “a nice dress, a house dress and a warm coat.’’. He estimated that $3,000 yearly would be a proper appropriation for clothing, but said that the institution would be happy to get an appropriation of $1 500. Mrs. Wilbur Bunn of Raieigh, I i member o r the b:ard of trustees,' told the committee that the girls have to wear enni-s shoes and brogans for the lack of “nice shoes.” She said that the purpose of the school, as described in the legislative act, is that the lives of the girls “may be made worth while and that they may return to their communities as self-re specting women.” “These women at Samarcand ar like other women —they have the same desire to make them selves as attractive as possible,” ! Mrs. Bunn said. “The State can -1 not expect to return them to sp | cicty as self-respecting and re habilitated women unless the State provides funds to train them to occupy higher planes cf society.” Senator H. P. Taylor, chairman of the Senate appropriations | committee, quizzed the school | superintendent as to the purpose of Judge Armstrong’s order that the school be investigated. Miss Robson replied that she knew nothing of the order except what she had read in newspaper ac counts. j Investigations I Judge Armstrong last week or dered that grand jury of Moore County investigate completely etyiery phase cf the training and work at the institution. Dr. Stanbury suggested that the General Assembly should be the i I - j Smitty says— "An ofhee boy like me doesn’t make much money, but I’m putting 10% into War Bonds every payday ’cause it’s my duty.” | “Top That 104 bby New Year's" Harris To Visit Troop 49 Next Week For Review Announced at the last meet ing of Scout Troop 49 on Wed nesday evening, was the troop review to be held this week, with C. A. Harris, local scouting leader, in charge of thei review and the check of uniforms. Other activities in which the origin of any investigation and said that the institution welcom ed any investigation. He said that the grand jury had visited Samarcand on Thursday, January 21 and that he understood that further visits would be made within the next two or three' weeks. Members of the joint commit tee called Judge Armstrong’s ac tion “unprecedented.’ Rep. A. B. Stoney of Burke moved that a subcommittee be appointed to in vestigate the institution and to investigate the charges made by Judge Armstrong. Chairman Clarence Sitcne, who presided ov er the meeting, ruled that a quo- 1 rum was not present' and askjed Representative Stone to postpone his motion. Stone replied that he would withdraw the motion but with assurance that he would make such a motion at the next meeting of the committee. Make Your Deposits on Your Way to or from Work! Bank by Mail to save precious time and tires. Make any mail box your bank teller, morning, noon, or night, by simply slipping your deposit into a stamp ed, addressed envelope and mailing it to this bank. You’ll receive your receipt by return mail. Bank by Mail regularly and see your savings grow this time saving way. For further information on our Bank by Mail plan, write or phone. Na obligation on your part. , /gSl|\ The jjj maximum J(|A\ Cq \\ g wwss-wgfl Peonies v«* \l7 DEPOSITOR ¥l/ // ** ** Vsl Bank SUNDAY, JANUARY 31, 1*43 Scouts of Troop 49 participated Wednesday included a quiz on First Aid procedure and the dis-< cussion of camiwct during an air raid. Dr. Robert Long, Scoutmas ter, presented for the Scouts a review of a recent magazine ar ticle relating the details of the rescue of Captain Eddie Ricken backer. The Scouts hwere re minded of the Father-fson ban quet scheduled for February 20. LONGER SCHOOL TERM BOOSTED BY LEGISLATURE r . _ (continued from front page) was to teach Saturdays, at least some of them, and shorten the Christmas holidays in sections where farm labor demands re quired school age children to work. Incidentally, that is one phase of the question which many teachers would rather not have raised. Teachers have long com plained that they were paid for only eight months (or 9 in seme districts) while other State em ployees were paid for 12. The other employees reply to that by showing that' they work only nine to three and not at all on Saturdays. Teachers response has been that paper grading and heme work more than made up the difference. Obviously, they cannot do the same homework if they are in the class room. IT PAYS TO ADVERTISE IN THE TIMES
The Roxboro Courier (Roxboro, N.C.)
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Jan. 31, 1943, edition 1
6
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