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The original documents are located in Box D13, folder "Dental Assistants Speech, October 10, 1948" of the Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library. Copyright Notice The copyright law of the United States (Title 17, United States Code) governs the making of photocopies or other reproductions of copyrighted material. The Council donated to the United States of America his copyrights in all of his unpublished writings in National Archives collections. Works prepared by U.S. Government employees as part of their official duties are in the public domain. The copyrights to materials written by other individuals or organizations are presumed to remain with them. If you think any of the information displayed in the PDF is subject to a valid copyright claim, please contact the Gerald R. Ford Presidential Library. Digitized from Box D13 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library Dental assistants Speech 10/10/48 Revenue act of 1948 Enacted april 2, 1948. I. Reduction of interedual income takes a apply rates to tavable income of apply a reduction pencentage to arrive at tax payable (Tab not over $400 - % is 17% Over $400 hit not over 100, 000 plus 12% Over $100 000-$2,020 plus 9.75% Persona with incomes of 2,000 or less atta deductions evemptions -12. 6% reduction $2,000 to #136, 700 -12.6 first $2,000 + +7.4 most b). Personal shemptions - $500 to $600. Old age 1 65 yrs an additional Blend - ej Standard Deduction Prior Law- that $500 on income more than 105,000 nevalow - $1000 or 10% of aljusted H.W. can't one itemize & other was standard deduction gross were whichered is less. II Splitting of income between H. & W. no tax saving if the combined net income in excess of exemptions is not greater than $2,000.00 Fact that one House has MI income immaterial. can't include earnings of a memor child "all" encome. BERALD FORD VIBRARY H.H W. must file joint returns. CERTO GROF + Calculating the tax M mad 240 the to mant seerful 3 C H new K T engins tin heardions ,Itri off SE specialis James wr.H mon matrubell husbrate L2 knily 017 por -Penthr 1) givering ally at Tanknoffs off 6/- anstrukib Jound the alen (100 my 2151 -JH 1.1.10 mossin rentantial 40346 wno anno,I spatuary martalizen s whan w auton Jupes Cs asset amount mitabed I 8491 el , lings between form MX larts 84/01/01- hugh D

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    "ocrText": "The original documents are located in Box D13, folder \"Dental Assistants Speech, October\n10, 1948\" of the Ford Congressional Papers: Press Secretary and Speech File at the Gerald\nR. Ford Presidential Library.\nCopyright Notice\nThe copyright law of the United States (Title 17, United States Code) governs the making of\nphotocopies or other reproductions of copyrighted material. The Council donated to the United\nStates of America his copyrights in all of his unpublished writings in National Archives collections.\nWorks prepared by U.S. Government employees as part of their official duties are in the public\ndomain. The copyrights to materials written by other individuals or organizations are presumed to\nremain with them. If you think any of the information displayed in the PDF is subject to a valid\ncopyright claim, please contact the Gerald R. Ford Presidential Library.\nDigitized from Box D13 of The Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library\nDental assistants Speech 10/10/48\nRevenue act of 1948\nEnacted april 2, 1948.\nI. Reduction of interedual income takes\na apply rates to tavable income of apply a\nreduction pencentage to arrive at tax payable\n(Tab not over $400 - % is 17%\nOver $400 hit not over 100, 000 plus 12%\nOver $100 000-$2,020 plus 9.75%\nPersona with incomes of 2,000 or less atta deductions\nevemptions -12. 6% reduction\n$2,000 to #136, 700 -12.6 first $2,000 + +7.4 most\nb). Personal shemptions - $500 to $600.\nOld age 1 65 yrs an additional\nBlend -\nej Standard Deduction\nPrior Law- that $500 on income\nmore than 105,000\nnevalow - $1000 or 10% of aljusted\nH.W. can't one itemize & other was standard deduction\ngross were whichered is less.\nII Splitting of income between H. & W.\nno tax saving if the combined net income in\nexcess of exemptions is not greater than $2,000.00\nFact that one House has MI income immaterial.\ncan't include earnings of a memor child\n\"all\" encome.\nBERALD FORD VIBRARY\nH.H W. must file joint returns.\nCERTO GROF +\nCalculating the tax M\nmad 240 the to\nmant seerful\n3 C H new K T\nengins tin heardions ,Itri off\nSE specialis James wr.H\nmon matrubell husbrate L2\nknily\n017 por -Penthr\n1) givering ally\nat\nTanknoffs off 6/-\nanstrukib Jound the\nalen\n(100 my 2151 -JH 1.1.10\nmossin rentantial 40346 wno\nanno,I spatuary martalizen\ns whan w auton Jupes Cs\nasset amount mitabed I\n8491 el , lings between\nform MX larts\n84/01/01- hugh D"
}