Epmed income Tax due Tax Last
thisyear year
$ 3,000 . $ 8 $ 20
3.500 . 26 40
5.000 80 100
7.500 210 255
10.000 415 480
15.000 924 1.020
25.000 $2,489 $2,520
HERE IT IS IN BRIEF
WHO? Single persons with net
incomes of $1,000 or more or gross
income of $5,000 or more and jnar
ried couples, with net incomes of
$2,500 or more or gross income of
$5,000 or more, must file returns.
WHEN? Fuing per.od which
began January 1 will end at mid
night on March 15, 1935.
W'HERE? Returns should be
filed with Collector of Internal
Revenue district in which taxpay
er lives or has his principal place
of business.
HOW? Read instructions on
which returns are to be filed.
WHAT? Four per cent normal
tax on the amount of net income
in excess of personal exemptions,
credit for dependents, earned in
come credit, dividends of domestic
corporations subject to taxation,
and interest on obligations of the
United States.
SURTAX? Payable on surtax
net income in excess of $4,000.
BREAK A FINGER
IF YOU’D MATCH
MORSTAD HOOK
MILWAUKEE, Feb. 28.—Roaring
Roy Morstadt, leading scorer and
captain of Marquette's basketball
team, credits a broken finger suf
fered three years ago for his scor
ing ability.
When he was a freshman, Mor
stadt broke his forefinger and the
bene failed to knit properly, with
the result the finger became stiff.
He discovered the bent finger fit
tightly around the ball, so he was
able to throw a hook shot, an
overhead toss he never had at
tempted. The bent finger guided
the ball perfectly.
