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How much money will resi- ] ients of Rappahannock County De contributing to the Federal :offers on or before tax day, which is April 17th this year, In the form of personal in:ome taxes? The Government counts on their offerings being well above what they were last year when local tax payments came to some $598,000. That was the approximate amount turned in last April, as determined by a breakdown of collections from the State of Virginia as a whole. The statewide total, according to the official figures, was nearly $854,000,000. This included income taxes paid through withholding. ' The size of the increase expected this year is indicated; in the Federal budget, pre- j sented to Congress in January! It predicts that individual income taxes in the current fiscal year will reach $62.2 billion nationally, as compared with actual receipts in the past fiscal year of $55.4 billion.
Jhe $6.8 billion rise is based upon the fact that more money was earned because employment was up during the year and because average incomes were higher in 1966 than they had been in 1965. The $598,000 that residents of Rappahannock County paid to Uncle Sam last year represented 0.07 percent of the statewide total, the figures show. Their forthcoming contribution, reflecting the economic gains made in 1966, is ex
87.9%