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Domestic News
March 18, 1919
The Lancaster News
Lancaster, Lancaster County, South Carolina
What is this article about?
Federal revenue collectors across the US received a flood of last-minute income tax returns and 25% installment payments until late Saturday night, with Treasury estimating inflows between $800 million and $1 billion.
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Full Text
PROBABLY BILLION DOLLARS IN TAXES PAID SATURDAY
Washington, March 17,-Until late Saturday night federal revenue collectors offices throughout the country were busy receiving eleventh hour income tax returns, due Saturday at latest, and accepting payments of the 25 per cent first installment.
Collectors reported they were submerged beneath a flood of documents, checks and money orders, and it would take several days to prepare even a tentative tabulation of receipts.
Treasury officials calculated the probable inflow of tax money at somewhere between $800,000,000 and $1,000,000,000.
Washington, March 17,-Until late Saturday night federal revenue collectors offices throughout the country were busy receiving eleventh hour income tax returns, due Saturday at latest, and accepting payments of the 25 per cent first installment.
Collectors reported they were submerged beneath a flood of documents, checks and money orders, and it would take several days to prepare even a tentative tabulation of receipts.
Treasury officials calculated the probable inflow of tax money at somewhere between $800,000,000 and $1,000,000,000.
What sub-type of article is it?
Economic
What keywords are associated?
Income Tax
Tax Payments
Federal Revenue
Deadline Rush
Where did it happen?
Washington
Domestic News Details
Primary Location
Washington
Event Date
March 17, Saturday
Outcome
estimated tax inflow of $800,000,000 to $1,000,000,000
Event Details
Federal revenue collectors' offices nationwide processed eleventh-hour income tax returns and 25% first installment payments until late Saturday night, overwhelmed by documents, checks, and money orders; tabulation to take several days.