APPENDIX III.

Report of Tax Commission on the Revenues and Expenditures Incident to the Income Tax as called for by Joint Resolu

tion 59, A.

Report of Tax Commission on the Revenues and Expenditures Incident to the Income Tax

To the Honorable, the Senate and Assembly of the State of Wisconsin.

Pursuant to Joint Resolution, 59, A., there is submitted herewith a report showing: first, the revenues thus far derived from the collection of income taxes, so far as an estimate can be made of such revenues at the present time, and second, a statement of the expenditures incurred and paid in the administration of the income tax and related matters during the calendar years 1911 and 1912.

SUMMARY OF RESULTS.

Income tax to the amount of $3,472,880.65 was assessed for 1912. Of this $1,432,700.00 is estimated to have been offset by personal property tax receipts, $411,862.94 to remain due and collectible on delinquent rolls, and $1,628,317.71 has actually been paid into the treasuries, local, county and state. Of the $1,628,317.71, 70 per cent or $1,139,822.16 has been retained by the local districts, 20 per cent or $325,663.70 by the several counties, and 10 per cent or $162,831.85 has been paid or is due to the state treasury.

The expense of the income tax and of the work of supervising the administration of the property tax through assessors of incomes for the two years has amounted to $94,832.20. Of this amount $10,687.37 has been incurred directly by the main of fice, $14,711.78 has been expended for printing, postage and supplies both by the main office and for the assessors of incomes, all of this being ordered by and through the main office. A direct expense of $69,433.05 has been incurred on account of the local offices of assessors of incomes.

SECTION 1. THE REVENUES.

The income tax collections were to have been paid to the state treasury on or about April 1. At the present time several coun21-S. J. Ap.

ties are delinquent in making these final payments and in Winnebago county the actual amount due the state is not known. The figures given are, however, within $200 or $300 of the correct amount.

Exhibit I is a statement of the exact status of the collection of the income tax as of April 1 in twenty-five counties including Milwaukee, for which complete and satisfactory returns are now on file. An estimated statement of the revenues in which the cash items are nearly correct is contained in the second portion of this exhibit.

Exhibit I

RESULTS OF INCOME TAX COLLECTIONS: DETAILED STATEMENT FOR TWENTY-FIVE COUNTIES INCLUDING MILWAUKEE,

ESTIMATED RESULTS OF INCOME TAX COLLECTIONS IN ALL COUNTIES CASH ESTIMATED IN WINNEBAGO COUNTY.

From the foregoing statement it appears that $1.628.317.71 income tax had been collected up to April 1 and that delinquent rolls then existed to the amount of approximately $411.862.94, which may reasonably be expected to produce a large amount of additional cash, and that, when the balance is finally struck, the cash collected from the first year in the administration of the income tax will not be less than $1,750,000.