Wednesday." December 21, 1921
f.A GRANDE EVENING OBSERVER
c
I
i I
CHANGES INTHE
is just within the lowpr $2,000 exemp.
tlon ami the other just within the
I higher 2,rU0 exemption.
"Single persons, and niarrie:! per
sons not livinp with husband or wif
are allowe dan exemption of $1,IHM
ersons having gross income for 1921
of 5,000 or over are required to make
In return, rcpanlless ot the amount
Collector of Tlrtorilill Peve-!f net income.
INCOME TAXLA'
1:
imp Calls
scw Law.
'Attention tol "The excess profits tax is repealed
ns of January 1, 1922. The rates for
!1921 are unchanged.
innTiAvn i on .1 Fur the calendar year 1922 the sur-
PORTLAND, Dec. 20.-F..r the rales ran(fe fro, l pcr ccnt 0 the
formation and assistance of taxpayers 'amount of net income between (i,000
in preparing their income tax return j and $10,000 to 50 per cent on the
for the year 1921, Clyde 0-. Hunt-amount by which the net income ex
ley, Collector of Internal Revenue, to- jl'eeds ?-c0.000-
day gave out a statement in which he' '"Provision is made for the repeal as
, i of Januarv 1, 1922, of the tax on
briefly discusses the material pro- istl)ckhoKleiS of a personal service coo
visions of the 'new revenue ai t and Iporation as such. After that date such
points out wherein those provisions i corporations are to be taxed In the
differ from the act under which laatjsame manner as other corporations,
year's returns were made. I "The income tax on corporations for
"The exemption allowed for a de- the calendar year 1922 and thereafter
pendent is increased from $200 to .is increased from 10 to 121 per cent.
$100.00," explains Collector Huntlev. The $2,000 exemption heretofore al
"married persons living with husband lowed corporations is to be granted
or wife, and heads of families are n'.-lonly to those corporations whose net
lowed a personal exemption of $2,500 j income is $25,000 or less,
(instead of $2,000) unless the net in- "Many persons are under the im
come is in excess of $5,000, in which iprcssion that the taxes on ice cream
ease the personal exemption is on'yj.soft drinks, etc., monthly returns of
$2,000. The act provides that in no which are required, have been repeal
caso shall the reduction of personal I ed with the enactment of the new
exemption from 52,500 to $2,000 oper I act. These remain in force until De
ate to increase the tax which wouldjcember 31, 1921.
be payable if the exemption were $2,- "No change is made in the tax on
500 hy more than the amount of the admissions, except that after January
net income in excess of $5,009. Tliii. 1, 1922, there., will be no tax where
is. to overcome the disparity in the 1 admission is 10 cents or less. Effec
case of two taxpayers, one of whomltive January 1, 1922, the following
I taxes are also abolished: on music
i instruments, sporting goods, chewimr
fi'um, portable electric fans, theimos
bottles, fur articles, pleasure boats
and pleasure canoes, (unless sold fo
more than $100), toilet articles, medi
cines, and numerous articles of apparel.
i "On and after January 1, 1922, the
i tax on various works of urt is reduced
'from 10 per cent to 5 per cent, the tax
'on candy from 5 per cent to 3 per cent
and th tax on carpets, rugs, trunks,
valises, purses, fans, etc., from 10
per cent of sales price in excess of
specified amounts to 5 pcr cent of
'sales price in excess of (specified
imounts.
i
Vto Red Seal , Records at 20 per
cent sliunt. Kuslern Oregon Music
Compaq 12-21-4I
CHRISTMAS PLANTS.
'Peautiful assortment of bloominjr
plants. Much morcpatisfactory for a
gift than cut flowei and all at rea
sonable prices. Birpd Holly has ar
rived, Cherry Florists
: - 12-20-tf
ItEAll THE, WANT ADR!
ABSOLUTELY FREE
Complete Set of Eureka Vacuum Cleaner Attach
ments with Every Piuvhaso of the Grand Prize
E U R E K A
Electrid Vacuum Cleaner !
FOR FREE TitlAL Phone Main 104
W.. A. BEN HAM
New Foley Bids,, opp. Post Office
Why
Why
Why
DO ECONOMICAL PEOPLE BUY OUR COAL?
DOES OUR TRADE INCREASE DAILY?
DO OUR CUSTOMERS ALWAYS STICK TO US?
Aber
"Permanent na the Pyramids"
CONCRETE PIPE COMPANY
Manufacturers ,
CEMEN11 PRODUCTS
sewkr Axr wferFJt pipe culvert pipe
HOIJX1W III.OXK CEMEXT SILOS
WEIiL (-UIUIImmADK IN SECTIONS
UOI.LOW UL'IlJMXa BLOCKS
PHONE MAIN 120 l'octory tlslnnd City
ill lift.
Jab
22s
een
Coal
A TRIAL ORDER WILL TELL YOU
The American people are a great people
whose passion is to get results. Therefore,
we have installed one of the hest, equipped
switchboards obtainable for the express pur
pose of giving you the best telephone service.
V
Gaff's Carr's
Where your Credit Is Good
JJsi
COMPLETE HOME FURNISHER
Home Independent
Telephone Go. '
Sawyer
V 7
oimes
Mercantile Co.
Phone Main 17
IT'S A SUCCESS
The Metropolitan Family Stylo Wet Wash Laundry washes
your clothes In Individual machines, thereby reducing the possible'
danger of tearing by reducing the weight.
Our average wash is as clean as crystal. vWe use no bleach
caustics or anything injurious to clothing. We wring the clothes by
centrifugal force at high speed until just damp, 30 pounds or
less, 75c.
Saye your fuel, time, hands, and health. Spare your family
more of your time and see if the world won't ho brighter.'
Call Mondavs and Wednesdays, l'lione 14S1M.
THE METKOI'OIjITAN 4'AMILV Si'VliK WET WASH LAU.NDKX,
Jjii Grande, Oregon.
Furniture Exchange
COMPLETE HOUSE FURNISHERS
ED DONOHUE, Trop.
Phone, Black 1241
Fir & Jefferson
LA GRANDE IRON WORKS
MACHINEYSHOP AND FOUNDRY
All kinds of machinery, -automobiles and tractors re
paired, overhauled and rebuilt
Ascetylene welding f all kinds.
Cylinder boring andVverize pistorw.
Crankshafts, Pistons fhjdjPiston Pins reground.
Give ns a trial
D. FITZGERALD, Prop.
Take Her the Latest
"Siioer-Features"
Kranri nr . fresh from Broad
ratrhv tnnpfltV ttav I EverVOtlC Will
be whistling thm in a weckV-why
tU. r.rrf leirn til Am ft
Slop and select ftrie or wo Brunswick
Cr..r-Pntiiro RprnitU and taks them ud
tonitrht. Most eirls ould a lit rather
have the newest sone Hits than k box of
candy.
V
The Latest
Broadway Hits
We have just received a large shipment of
urunswicks.
December Records Now on Sale
EASTERN OREGON
MUSIC CO.
READ THE WANT ADS
M . - - - ,
SAVE MONEY
and get the best quality goods by purchasing your X-mns
presents 'from: J. IL Penre and Son.
We have a large stock of blue white diamonds which wc
aro going to sell at lowest )fsible prices, quality considered.
You can sec the best selection of Ladies wrist watches in
Eastern Oregon by calling on us.
Welders of All Metals
TEE BEST EQUIPPSD
IN EAST OREGON
Cylinder Regrinding Crankshift Regrlndlng
Pistons.- Piston Rings, Piston Pins
CuH and Tictur of All Makes Overhauled
Macbiae Work of All Kinds
W T& squlpped and mtnned by experts
for the abova work
LEIGHTON'S WELDING
AND MACHINE WORKS
K. W. Leighton, Prop.
A Gift of
Usefulness
Waffle Iron-
Curling Iron
Grills
Urn Sets
lmdoir Sets
Hot Point and
v
i
A
.'lectrical appliances
Percolatjors
Toasters
Chafing Dishes
Warming Pads
Adjusto Lights
nlcrican Quality Irons
X-nias Tree Lights
1. !
rrvv
MB
cfl
-a
i4m
Wc can promise Am almost any article you need in Silver
ware, cut glass, Yitchcs. clocks and jewelry at lowest
possible prices. us before purchasing elsewhere for
GIFTSvTHAT LAST
H. &S. ELECTRIC CO.
10.') l)op,t Stre. t. , Phone 393 W
H. P
eare
ck S
on
La fJrande's Lending Jewelers and Optometrists
Kstublislied.l89J.
r
I! II
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