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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 12, 1952)
Tuesday, August 12, 1952 4 Maybe this will help explain why. . . Total 1952 tax bill for average American family with income of: Federal income tax. $3,500 PER YEAR ($67.30 per week $4,500 PER YEAR ($86.54 per week) $7,500 PER YEAR ($144.23 per week) $446 S839 $15,000 PER YEAR ($288.46 per week) $2,516 State and local income tax. 30 State and Federal corporation income taxes which average family pays indirectly in the prices of the products it buys. 249 354 769 1,584 Sales and excise taxes. (Retail sales taxes; taxes on , cigarettes, liquor, cosmetics, gasoline, leather goods, etc.) 302 378 634 1,202 Contributions for social insurance. 140 159 207 294 Property taxes. (If a family rents its home, farm or apartment, it may not pay all these taxes directly. But it pays them indirectly, for the landlord has to include them when he sets the rental price.) 104 144 285 808 Estate, gift and inheritance taxes. 37 AVERAGE FAMILY'S TOTAL TAX BILL THIS YEAR $1,098 $1,494 $2,801 $6,618 ) That more than 3 dollars in taxes of all kinds will be collected this year for every 2 dollars that were collected in 1949. That almost 10. dollars In taxes of all kinds will be collected this year for everv 6 dollars that were collected in 1945 the Dealc vear of World War II. That almost 4 dollars In taxes of all kinds will be collected this year for every 1 dollar that was collected in 1942. That, on the average, approximately 1 dollar out of every 4 dollars you pay for gasoline in the West goes for State and Federal taxes. This Is one of a series of Public Information advertisements sponsored by the people who make 7600 Gasoline and Royal Triton Amerka's finest motor oil. , Pi OP CALIFORNIA , Sources: "fiscal Forts for '52;" Hie Tax rwmdatfon, Rew York City. "How Much Government?" National Industrial Conference Board, 1951 For fret reprintt of this advertise ment write The President, Union Oil Company, Union Oil Building, 617 West 7thS.net, Los Angeles 17, California. MEDFORD (OREGON) MAIL TRIBUNE FIVE 4 l 1 90 24 wm
