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![handle is hein.tera/taxfeaturs0005 and id is 1 raw text is: o%% kI , Go i TAX FOUNDATION'S
MONTHLYTAXFEATURS
Copyjight 1961 by Tax Foundation, Inc., 30 RucleJeller Plaz, New York 20, N. '. Material may be used wiith propiri 'edit.
January 1961
Vol. 5, Number I
A Centennial Snow Fun! See Boost $161 Billion
In 1962 for IM For Self-help In Spending
Crop Subsidy? P In Bond Vote Seen for '61
Ihe ct'nienial of the War PE' e;'1 rki all pitons retoids.
ble il iven oi lection Day to schollllc toa gOernnsni (wleibrail, statc
widely observed ulirintg iic text ''. . iond issue proposals - only 37 anti local) speindinig in fiscal
hut. 5I)S I t l'tid~i out of approxinmately 200 were 1961 will approximate $16: bil-
But, sIys 'aix F ncl dation, rejected - agaiin illustrates the lion, 'ax foundation, Ihc. Csti-
Iht:,, it is unlikely that anothcr 19, willingness and ability of states mnates.
I:I2 citennial - with especial Ind localities to support their The l'tlle is SB billion highci
Iv~titIltto It 'tcaiell g'l-ul.-' own school needs. says Tax thai in eiscal 1I!960 - and Illotc
t e :Olad its cost to tile taxp ayer Fountdations, [tic, than double tle 1950 figtlc, tile
- billwi no te'l ofhi This approval inidicates a Foundation notes.
lh fi [,llowiig itite of this cotil ttution of the trend which If tile estitsates are horue
I rt'ncnnial flt ngriculture was has seen school tnirevenue out, the spending ligurc will
citJi' Ilyitlr. tiweser, iln l - receipts imore thann dotblule in repieseist a icig t oilI
(iigiessistina riuittliiltee reithe pteriod 1951-52 to 196001. $2,850 per fatsily, ill $100 trillt
PIt: Noirevcunte receipts in. tile previous (19110) fiscal Yewr.
lit ai eeloiments took cideall Ioncy received by In fiscal 1050, total givesirtlett
7e bee Vl too 9 schools from bond sales, frons teuding replieseitel $1,178 per
wli( It. in a snset', suiliilizetl loas, front the sale of tovtety fatinily. 1 lie figties:
agrihiutc. li 1812 the Ilonic. yt rd.
stilead A t itatle si'eite i public td fro inurance ac just. St end
thutait (laud) ,availalsc for 0-It0 lie l ear 1960-61 orcal Exend, pluit
se .Iy t In theschool ye. for . Y. (In bill.) Pet family
lnud Irant College Act do- -- exaiple, ionrevenuc rece ipts G1 $161 $2.850
i Ii C e totaled nearly $3 billion, atid 6 153 2,750
Il[teatl te )l:iitl to tile states for - reflected largely receipt- frot '59 146 2,668
theI' ist;illisittteii of colleges Of Tax Foundaito .- - sale of bonds issued for the cot. '55 Itt 2,165
agriciultural atnd Inechliticarts. sti'tlclioll of ileW school facil- '50 10 1418
lie Coingi essiolisl Joit Eco- 'The per capiia deli liirden, Federal, slate il Ilocal, is nisw inore it$. 'fsl, by Tax Foundation, Inc.
niili Cotiun itte 's report, Sub. hitin Four tiics as hiavy is it was 20 )cais ago. hit 1910, tile selut of all i52 to 1960 'l'otal tax receipts, Feileral,
aiid lSubsidylihe Plugrats g utceiiiiet rl epresented a bitirilein o[ 1183 per pe sii. fly 1960 it had hi, the periot 1951- to s1la .
ih i fi. fill sihoot t tioted grwn5i i2,0 cihai.evele ecei l
f 1ti t t e t . 'lovereieant bote (2.colunii inal t available ilthoil charge) (all ioties received froit Fell. are estilitled ly the Foiin la.
Ill her that ther has been a state, coitati local g tion at $135 billion, also ti
hilrly steady increase in net Dollar -owsing erllieit, Irolis taxes, iicoll $8 tillion over Fistal 10.
Fedclil Invetrlntent spending from futid atn d etrdowntntes, e lillerence lietwsceet the
tins silbsidies to agriculture, bis- e itteest, titii aid gifts) h $ave $161 biilli inS itssettilitig and
iuiess, ,,,,,ir, titi-,ow,,ers Federal Aid Sources Given itccasel 10 peretit, or f i 5 ,o i ,,
Iclnan.. Next to tire natioial, state aild town cotitittions or charter, $6 billion to :ii estimatetl $15 the Fourdatioi, is l aigely a ci .
'|lie apentolinig classified ias every wide-awake isicast community should have t copy of billion .ounted for by charges aid Oils.
sutishlies i tlie stitiy is Ihieull Fedeiral Activ~ities Helflfll to Communitie, ii 84-pace government 'fhie nonrevent,' ilmot re- ellineous ic nue; utility, liq.
i cet tait prugratns. liulalicain (Z0c). Whh h, notes 'Fax Fo'itlatioiiinc., tiny town cciits by seletctd years, 1951-52 ior stores aid insutraice trust
$1.9 Billion to $6.6 Billion worth its salt cats find oit where to go, who to see and what to through 1960.61! isntes; Isul proceeds antI
sillsisesi.
Salid tlie Coitmittee: A sub. read to help PUt the bite out Uncle Sain. Sthool Wonovaelu Total tix receipts in 1960
sily is aut act Isy goverusnletal As the foreword says: For Year Receipts were sit estinitieo $127 Iillin:
tinit invoilving either (I) a pay- comnitii es vith Federal pro- cial assistatice for explor-tion 1951.52 $1,213,068,000
Intcit,(2)a u1cilissiolt of chargcs, grutuss tder way, it [tlte book. of defense and strategic mn- 1953-54 1,824,004,000 in 1959, $110 billion il ,955,
0t (3) suilingcnimodities or leti trill .serve as a checklist by crals, 1955-.56 2,356,189,000 $88 billioni, and in 1950, $55
sets,its at less ihan cost or sar- wich tite), cas ciake certain Under the title, Agricutural 1957-58 2,514,676,000 billion.
1 958.59 2.811,214,000 ['lie estimate of .$135 billion
ket ptrie, wilh the ilstelit of that all available sources of as. Ctttservationi Program Service, 1959460 2,836,602,000
adic-iving pliarticular economic sstatce , , , hive beet, coisil. the booklet notes: Contact: 1960-61 2,915,132,000 inl receipts for Iiscal 1911 reite,
objective ... erel. Administrator, Agricultural scits $2,390 per family, tie
From 1951 to 1961, stilusity The bookict describes what Conservation program Service, -1oi.1latoin3 says.
t*, 1.leng rose (in $1.9 Iillilot each agencyorsubngency(about Washington 25, D. C. Disputed Taxes
to its ctlitated $0.0 billion, Lwo- score of tlIci) olfers III (he Saits c booklet: Better Liv. Just
altOling ito fhe Counittec. way of technical assistatice or iig 7 irotgi Conservtion Top '40's Total Take
(Itesist giowli in siibsidly cotistltation,' ant filalticitl as' - arstiag.
sptending. arccritig to the re. silancc, [troneurecnt atid Coll. Uider the title Rural Elec- At the etid if listal 10111, SI,,
str fmitor ag ii-til tire - lron uhtiltiOni. t ificationtt Amldiniistratinc, says billion was hi diisptie in 13,0100
Pust ilettle $1 Iilliol its 1951 eo It also lists ih, tio iOlnict the booklet, otact: Appi lra. , cases petsihiitg liefore the Fei.
a11 iiitt nI 33A blihotn in fi- atd iv'es titles of paiphilets or tioniis iiust be tmade to: Rural eral 'J'ax Coirt. ''lic tiotil ili
I 1t11 I. pii lliiations (froit 10c to $7 a Electriflication Administration, i 6 dispute, tiotes 'lax Foutiidatino,
I lie net losses' siusI aihled by yeat) designed to help aidiseck- U.S. Dejartitettof Agriculiue, Ii., exceecld aull the Feleral
U sic uilt its hlis agricultutral li town. Washiiglit 25, D. C. ' Individual incoene taxes col.
1;c supplort p'Oiorantus alone, Selected front the 4-page ini. Sanslac booklet: Procedure letted two decades ago, $982
h)tls 1:13: irurigh 191)t, said dex are the followitg ticius or foer Electric Diatribution Bor- 0 million.
I le uatitilitece, citcte to $7.3 bil. governmiient services i coinli. rolveri int Preparing Loan Ap. The Internal Revenue Setv.
lion, while losses for all pro. iities: jlications, Ice said S912 iillion of thC
giilt as igurel by lie Com- Aerial photographs of Ii illhi tre Ieseltl
fiiylci C opcil. (;urnorationhio rs, Itdustrialateas; agric Today: High Income 0 tdhonal liaxes aitn Isetalit
(:II it, ver $10 fron sron tural debt reliancing lo ansd the goverinment seeks to -i ,% 'tl
11:1:1 tinriuli . 196. ensergeicy loans; Icderal.aid Tomorrow: Cooling Tax froni, taxlpayers; $292 cuilli,,
'l' Iiugust singile itecUn of Ios [ for] conustrctiolt, ddevelop A Census lureaut survey itMd- l:APIRE STi E. In 1958, relreseints ovetp}aytinest claits
is Ine( CCC in tse IPiO s!CC supiort itett, inmtprovenment of airports. cates thal, after taking inlathn Ne.w 1or1 led in 1he ntuiinur of by taxpayers.
jirograii i the 1933-60 p-eriud Alho, college holnsili& con- into accouton, the tisedian U.S. Federal individual incone t...
wivis .1i.2 hillhn oin cor * or 16 struction uans; arganization family incomne rose ftora $.1,000 relts filed for inconie., of $2 Bills Went Up;
l'iiet oinf t itC Iotal loss, Other of O-ulltutiity clevelopieiut to $5,400 train 19.17 to 1959. l iillidn or inore toilh 70. Cal-
inasor icsulport loics seerc: gurs); disaster loans to relha- But, points out Tax Founda- ifornia repsortd23suchreturns, $500s Down In 19S9
$751 nillisn oill ctied iilk bilhtie iutsiisesses and liolsce; tin, Inc., tine icrrease is not all Delawnare, 21, Pensylvuania, 20, it theend of Novenmber, 1959,
392,I iilion ol wiheat and tl grictittral etltcational pro. 11tat It seents. For families whiose Texas, 17, and Alichigan, 16. accordling to 'Treasuiry De't. in.
whit;l Flout, $8|15 illillioli oill graisus; loatns for owners of ilucotute abnotsL eqit led ite tire- f formation i givaCellnogllressiol: l
tUillnutl eolin, $520 miioni stmller than fatnily-tye fartus; ciatn in 1947, tile Federal in. SULUS. A recent ciort Commuiiee, here tat11110 inil.
oii hulter nd $179 million oil o tss for rosininerrial fisheries. conic tax antounited to around noted: that tle tnilitary ilys lion . $510 ''no hrdt'
Irishd iinit:uttse. Also, grauts for roistrictios $300 (it 1959 prices). For fatni- about $17 billion of ics , equip. deioinlsatioi bills Itt cie-a.
os iofis-IrofIt liospital%, hchh lies wlose Insconme equaled the mcit each year aud sells off ar tioii, tlie Smillest total o p:p eir
fvens Overlnke Sar0 Departmenl ceiters, nilursintg lionses, sewage nehian its 1959, the Federal in. amount thuat originally cost ctirrency of this uleioniiinatllll
.11 tire oluening of I/nc 871 eth reiett constriuCtions; snall come tax atnotented to approxl. $10 billion. I'lie report sail circulasting ic a pseriol going
c';igesi., lrp. I1'illiasi AfrCi/, reclamuatln projects: utrban re- nsielyS$I2. thstnuchof hentaterishiood hackto 12.1,
lur'h Of O/rio iirouhred a bill tiesi-al, platnning, for conutneini. 'l'lis, even it dollars of con, as scrap because it Itas io other At the sasse little, Novelitln,
fIollninlifg fur 1le ce'n/elltial/ tics of less thIan 25,000. stant putrchasing Iower the usc and that altogether ., hi 1959, 8.1 inillion wortli of 32
s'Chin ujula Ih/ icf t e Cllsiot Alo unilder loanus, colsitiac. typsical famnily's individual in- fiscal 1960, goods that cost bills were reloted i l iicidi-.
ouf /ui-gm f colleges stnd .slate emci of ncdcu local publh ic facil- conic tax has more than $2,100 nmillion wcre sold to the tin, tne lst tosal if paptr
iusiiu' r.n 0114 the c.ialnbl/is- ities;trutal eleerificathin. Also, douhIled, says [lte Fountsdalion, pulhic for $121 inillion, or i icu, sf this delilillllln
utiutil/ of I/u' IDeulstienitnl of nerilirilisg ail uleli-cry of mitate. while tine oiedinlc income lus about 5 percent of the original cleculailicg itn tiny of the )ev1%s
.'lgirt tire ... rials for military orders; finani. gone up only 35 percent. cost. 19i0 to 1959.](ViewImageLocal?handle=hein.tera/taxfeaturs0005&div=1&collection=&method=preview&ext=.png&size=3)