Business & Finance: 1928 Incomes

More significant than any corporate earnings statement, more significant than any statistics yet prepared on 1929, was a figure-redundant report issued last week by the Bureau of Internal Revenue, covering in great detail the taxable income of U. S. citizens and corporations during the prosperous year of 1928.

Rich Men. In 1927, eleven people had incomes of $5,000,000 or over. In 1928, 13 others joined this select group. Million-dollar incomes increased from 290 to 496. While not all millionaires necessarily have a millionaire's income, and some people with millionaires' incomes often fall...

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