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 estate tradings $861,000,000 more.