Magazine content is available exclusively for TIME subscribers.Business: Income Sources
Last week came out Department of the Treasury analyses of $24,700,000,000 earned in the U. S. during 1925 and taxed as income in 1926: SOURCES OF INCOME : REPORTED 1926
Wages and salaries $9,356,590,000
Business 3,797,868,000
Partnerships 1,699,497,000
Profits from sales of real estate, stocks, bonds, etc 1,980,064,000
Capital net gain from sale of
assets 936,080,000
Rents and royalties 1,618,989,000
Interest and investment income 1,656,412,000
Interest on gov't. obligations
not wholly tax exempt 24,975,000
Dividends 3,371,116,000
Fiduciary 259,118,000
Salaries were $4,410,000,000 less in 1925 than in 1924, income from businesses $992,000,000 less, profits from securities and real...
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