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FINANCING THE WAR

TAXES ON AMERICAN MILLIONAIRES

New York, March 13. . The income taxes and tho excess profits taxes on American multi-mil-lionaires amount to moro than half their incomes. Twenty-nine of tho wealthiest Americans are estimated to pay taxes amounting to 86,000,000 dollars, including Mr. Rockefeller, whose income is 60,000,000 dollars, and his tax 38,000,000; Mr. Carnegie, income 10,000,000 dollars, tax 6,600,000 dollars; Mr. Henry Ford, income 5,000,000 dollars, tax 3,000,000 dollars; Mr. J. P. Morgan, income 3,500,000 dollars, tax 2,250,000 dollars.—Aus.-N.Z. Cable Assn.

UNITED STATES LOANS TO BRITAIN

AN ADDITIONAL OREDIT ANNOUNCED. New York, March 13. Tho Treasury has announced an additional credit of 200,000,000 dollars (£40,000,000) to Britain. This makes a total loan to Britain of 2,520,000,000 dollars (£504,000,000).—Aii5.-N.Z. Cable Assn.

ITALY'S WAR EXPENDITURE

(Roc. March 14, 7.35 p.m.)

Rome, March 13. ■ Italy's war expenditure to tho end of January was £1,320,000,000. Tho monthly expenditure is now £52,420,-000—Aus.-N.Z. Cablo Assn.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/DOM19180315.2.23.10

Bibliographic details
Ngā taipitopito pukapuka

Dominion, Volume 11, Issue 151, 15 March 1918, Page 5

Word count
Tapeke kupu
152

FINANCING THE WAR Dominion, Volume 11, Issue 151, 15 March 1918, Page 5

FINANCING THE WAR Dominion, Volume 11, Issue 151, 15 March 1918, Page 5

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