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| MONDAY AND TUESDAY, FEBRUARY 7th-8th +
! “Citizen Kane” l
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* T
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| ONE SHOW—7:30 P. M. $
| $
| With ORSON WELLES and JOSEPH COTTON |
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1 X
t And“KENTUCKY ROYALTY” 2
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«*• A A A »% *% A A A A »*• A A A •% A »*• •:* •> •> •:* •><• t
WXLN
HIGHLIGHTS
Monday
1630—G. I. Jive.
1645—School of the Air.
1715—Shady Valley Folks.
1730—Club Sandwich.
1800—Treasury Star Parade.
1815—News.
1830—Harry James.
1845—Off the Record.
1900—Truth and Consequences.
1930—Showtime.
1945—Spotlite Bands.
2000—Mail Call.
2030—Your Radio Theatre.
2130—Village Store.
2200—-Fred Waring,
2215—Yarns For Yanks.
2230—One Nile Stand.
2300—News.
2315—Stardust Melodies.
2330—Sign Off.
Tuesday
0630—Reveille Sans Beverly.
0730—News.
0745—Melody Round-Up.
1130—Sound Off.
1145—Red Hot and Low Down
1230—News. '
1245—-Personal Album.
1300—Sign Off.
1630—G. I. Jive.
1645—Yank Swing Session.
1715—Scandinavian Music.
1730—Club Sandwich.
1800—Sports Interview.
1815—News.
1830—Front Line Theatre.
1900—Out of the Albums.
1945—Spotlite Bandg.
2000—Fibber McGee
-t. X J. A J, ». .». C.», J, A J.A .?■ inf AAiflrl
V T 'I TT T V r k TVT v V T T T 1 A I ■» r * i
2030—Jubilee.
2100—Bob Hope.
2130—Bob Crosby.
2200—Information, Pleasel
2230—One Nite Stand.
2300—News.
2315—Stardust Melodies.
2330—Sign Off.
Your Federal
Indome Taut
No. 13
Normal lax. Surtax, and Victory
Tax
The Federal income tax pay
able for 1343 is divided into three
parts—the normal tax and the sur
tax, which together compose the
regular income tax; and the vic
tory tax. The total of these tax
es, in all ordinary cases, repre
sents the total tax payable on
1943 income.
Exceptions arise in cases in
volving computation of normal tax
and surtax where there have been
certain capital gains or losses, in
which case an alternative comput
ation is permitted, provided there
are net long-term capital gains
in excess of net short-term capital
losses: or where a taxpayer holds
bonds with a tax-free covenant,
in which case a deduction" of the
amount paid by the corporation
is allowable against the tax com
puted on the return.
On short form 1040A, the
combined normal tax and surtax
is shown in a table and requires
no multiplication. On long form
1040, these taxes must be figured
The victory tax requires percent
age computations on both forms.
Changes in these taxes are
NH^HMHMW>4<HMHKf4444^444#
j Our Service Is
j IMPARTIAL! |
| —BUT— : I
i We Do Have
i FAVORITES! I
+ ■ ’
Those Who Measure Tanks Before Ordering! — J;
f Those Who Mail Checks Promptly on Receipt of Oil Slip. !.
Those Who Do Not Run Out of Oil on Sundays or After ■ ■
* 5:00 P. M. '!
* Those Who Phone in or Leave Orders at the Office. ••
* THE RULES ARE SIMPLE—EASY TO UNDERSTAND AND H
I FOLLOW—AND NOT TOO UNREASONABLE! ■■
| j:
j You, Too Can Be A jij
! FAVORITE!
* ;;
! Diesel Oil Sales jj
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ALASKA TELEPHONE &
i! TELEGRAPH CO. i:
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:: LOCAL AND LONG DISTANCE SERVICE!
;; ::
Back the attack with War bonds! Put your dollars !!
,, • >
in the service of Uncle Sam! ;;
!; . %
made from time to time, but the
rates and methods in effect for
1943 follow:
Normal tax: This is . a flat 6
percent of all your income after
deducting persona! exemption,
credit for dependants, earned
income credit, deductions for
charity, etc.
Surtax: This is a varying per
centage of your income but with
fewer deductions. Deductions
alowed in computing normal tax
but not for surtax purposes are
the earned income credit, interest
on certain Federal securities, and
dividends on share accounts in
Federal savings and loan asso
ciations, isued prior to March 25,
1942. The surtax begins at 13
percent on the first $2,000 of in
come subject to surtax, proceeds
at 16 percent on the next $2,000, j
and continues climbing until it j
reaches 82 on all income subject;
to surtax which exceeds $200,000,
These steps in the surtax are (
frequently called “brackets,” and
if you hear someone speaking of
being in the first “bracket” he
means that his income subject to
surtax 'technically called “surtax
net income”) is not -more than
$1,00.0.
If your surtax net income is
higher than $2,000, each bracket
of income is taxed at the rate for
that bracket, and the total surtax
is merely a total of the surtaxes
computed for each bracket. Thus
if your income makes you subject
to the maximum surtax of 82 per
cent, that rate aplies only to the
surtax net income over $200,000
while each portion of the first
$200,000 is taxed at lower rates.
A ready means of figuring sur
taxes is provided in the instruc
tions accompanying long Form
■ t
1040. The instructions provide
I
a table which shows you how
much the cumulative surtax is at
the begining of each bracket.
For instance, the tenth bracket is
for surtax net incomes ovef
$18,000 and under $20,000. Instead
| of making 10 different calculations
the table tells you that the cum
ulative tax on the first $18,000 is
$5,040. If your surtax net income
was $19,000, you would need only
' to figure the tenth bracket rate
of 46 percent of the $1,000 in the
t jnth bracket, which would be
$460, and add the $5,040 to get
your total surtax of $5,500.
Victory lax: This is a tempor
i ary wartime tax The exemptions
I
| and deductions are different and
fewer than in the case of either
the normal tax or surtax. The
tax is 5 percent, less a credit
■formerly called a post-war credit*
which reduces the tax by one
fourth or more depending on
whether you are single or married,
' and how many dependents you
support. On short Form 1040A,
the tax is expresed as a net rate
after allowing for the credit. On
long Form 1040, the tax and credit
have to be figured separately be
cause persons using this form
may be affected by limitations on
the credit These limits do not
affect the user of the short form,
which is restricted to persons with
not more than $3,000 income.
Advertise what you nave to sell
in The Nugget!
CLASSIFIED ADS
FOUND—Pair of glasses. Owner
may have same by identifying
them and paying for this ad. Call
at the Nugget office.
■
FOUND—Pair glasses Call Mr.
Yenney at the fire station.
LOST—Pair glasses in case. No
tify Mrs. M orison
CAVEY’S !
* • •' •
FINEST IN WINES
BEERS AND
LIQUORS! ’ i
See Us When in Need of
Spirits!
j NEVADA BAR f:
AND COCKTAIL LOUNGE \'k
.. • j* i
THE NEVADA COCKTAIL LOUNGE 18 CLOSED FOR
i: THE WOnXBji. EXCEPT TO PARTIES MAKING SPECIAL "l*
;; ARRANGEMENTS! J j|j
THE FINEST IN WINES AND LIQUORS ">\\
-* • ;
!! Harry Gabrielson, Prop
♦ i!
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:! piallctce liatel Sc $axt j
i| NOME, ALASKA PHONE 55 f
1 ^44444444444444444444444444444444444444*444444444
444444444444444444444444444444444444444444444444»
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GIFTS—IVORY—CURIOS AND JEWELRY |
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I POLAR CURIO SHOP !
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j ALASKA AIRLINES i\
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I NOME, ALASKA PHONE MAIN 66 !
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| Just Received!!
V ^lr
i CAPS
£ WARM AND WASHABLE ^ ,
| Men’s Opossum I
I Fur Caps |
Y ALL SIZES—A GOOD. WARM WORK CAP ❖
i T
t t
Y Y
f V
►> WOMEN’S FUR BONNETS of Muskrat, Fawn &
..... ^
or Rabbit. Made to order with fancy ruffs of »♦+
„♦* Wolf, Polar Bear or Red Fox. ^
k ♦
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\ A. POLET I
y a a.
T T
❖ NOME’S DEPARTMENT STORE ^
T f
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4* 4* 4* 4* 4* 4* 4*4* 4* 4* 4* 4* 4* 4* 4* 4* 4* 4* 4* *E* 4* 4* 4* 4* 4* 4* *S* *v* 4* 4*4* 4* ^ 4^4* 4* 4* 4* 4*4* *^^*^4* ^
\ Bronson Water Delivery ;;
! BULLDOZING — CATERPILLAR WORK
TRUCK HAULING
£ PHONE MAIN 19 ■ .!
! i!
NOME’S OWN
► ! £
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DRUG STORE
i
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We have recently installed our power ice !!
cream freezers. We serve it and we sell in large ;;
I quantities. * !!
HEADQUARTERS FOR ; \
WHITENS TAXI !;
I The Glue Pot! jj
Simeon and Goetzenberger, Props. «;
i§iifrifnfMf»»;nfM|i4Mfr»|nt»4»4»4Mfr4»fr4Mfrifr4nfri|^4jn4
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S MINERS & MERCHANTS
[ BANK OF ALASKA
t > •
E NOME :: ALASKA
t-W+*++m**W<-++t+++W*+*W****+'M4«<M"m*4**<
' WHEN IN NOME ... \\
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; MEET US.. *' ! I r t
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...AT THE...
I Polar BAR !
! GEORGE MADSEN KEITH HEDEEEN
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