The fiscal problem in Missouri

Bibliographic data

Monograph

Identifikator:: 1833271335

URN:: urn:nbn:de:zbw-retromon-230042

Document type:: Monograph

Title:: The fiscal problem in Missouri

Place of publication:: New York

Publisher:: National Industrial Conference Board, Inc.

Year of publication:: 1930

Scope:: xvi, 359 S.

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter X. Problems of tax burden

Collection:: Economics Books

PROBLEMS OF TAX BURDEN 283 although they represented only 45.3%, of the population of the state. The per capita levy was $1.34, an amount exactly twice as large as the per capita levy for the state. One out of every thirteen to fourteen persons was assessed for the personal income tax in the group I counties. Group II comprises eight counties in which cities of moderate size are located. The counties in this group ac- counted for 4.3%, of the total personal income taxes levied and 5.79% of the incomes assessed in the state, and the aver- age levy was $13.40. However, group II accounted for 8% of the population of the state, and only one out of every thirty-six to thirty-seven of the population of these counties was assessed for the tax. The per capita levy for group II was $0.36. Group III, or all other counties, accounted for 46.7%, of the population, 5.8% of the personal income taxes levied, and 8.49, of the total number of incomes assessed in the state. Only 11,440 personal incomes were assessed in this group. For the state as a whole, personal income taxes were levied on 135,577 incomes. The average tax levied was $17.75, and the per capita levy was $0.67. Dividing the estimated population of the state by the number of incomes assessed, it is found that one out of every twenty-six to twenty-seven’ persons was assessed for the income tax. Table 87 shows both the personal and corporation income tax data by counties and sections of the state for 1928. The per capita corporation levies are not shown separately, but they can be obtained with a considerable degree of accuracy by deducting the per capita personal levies from the per capita total levies. This table indicates extreme variations in personal, corporation, and total income tax levies. For example, in Dallas County there were no income tax levies of any kind, and in Hickory County the total income tax levies amounted to $30.09, a negligible amount whether considered absolutely or on a per capita basis. In four coun- ties, Carter, Ozark, Taney, and Camden, the per capita levy was only $0.01. i In calculations of this kind, it is not possible to eliminate the incomes of de- -eased persons and incomes from trusts that are assessed for the personal income ray

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