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
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90
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