The Healer and the Pirate

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Friday, April 15, 2011

Flashback Friday - Taxes and Threatening and Annoying Letters

Taxes in 1921!

Income Tax Facts

Births, deaths and marriages during the year 1920 affect materially income tax returns for that year.

Millions of babies were added to family circles, each of whom brings an exemption of $200 in the parents' income tax returns.

Widows and widowers who lost their husbands or wives during the year are especially affected. They are single for the purposes of the income tax law and are granted only an exemption of $1000, unless the head of a family.

Persons who were divorced or separated by mutual agreement during the year must also consider themselves as single persons.

The status of the taxpayer on Dec. 31, 1920, determines the amount of the exemptions. If on that day the taxpayer was married and living with wife or husband, claim may be made for the $2000 exemption. If single, or married and not living with wife or husband on Dec. 31, the exemption is only $1000.

Persons who reached majority during the year and whose earnings for that period amounted to $1000 or more, or $2000 or more, according to their marital status, must file a return and pay a tax on their net income in excess of those amounts.

To avoid penalty, the return must be in the hands of the Collector of Internal Revenue for the district in which the taxpayer lives, or has his principal place of business, on or before midnight of March 15, 1921.

--Casa Grande Bulletin, February 12, 1921


Brooklyn Man Says He Wrote Mr. Harding Hoping to Get $300,000.

--The New York Times, April 19, 1921

I didn't see any record of what happened to him since then, but yes, there have been people a little touched in the head for at least 90 years... But they took him to court in Coney Island.

Speaking of Coney Island (how is that for a flimsy segueway?), this Saturday in 2011 is when the famous Cyclone and the new Luna Park open for the season.

Back in the 1840s, of course, people visited Coney Island for the fresh air and even to see nature. Now people also go for thrill rides!

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