Business & Finance: Plutocrats

• Share

The number of U. S. plutocrats climbs as quickly as a monkey up a stick, but to more purpose; for this number, together with statistics on import and export, chain store business, stock and bond markets, is an index to U. S. prosperity. In 1925 there were, judging by the taxes they paid to the U. S. Government, 207 men who possessed yearly incomes of more than $1,000,000. In 1926, judging by the taxes that were paid in 1927 and published last week, there were 228 men who possessed yearly incomes of more than $1,000,000. Incomes over $5,000,000 were seven in 1925; in 1926 there were 14 such.