REPORT ON JAPANESE TAXATION BY THE SHOUP MISSION (Chap4 Sec C )

[# The next table is copied by the web editor as a model of the upper chart's comments.]

DIAGRAM SHOWING RELATIVE YIELD OF DIFFERENT RATE SCEHDULES
UNDER PROPOSED PERSONAL EXEMPTIONS

<------------- ESTIMATED TOTAL INCOME OF TAXPAYERS, 1950: 2,200 BILLION YEN --------->

EARNED INCOME CREDIT
:100 BILION YEN

PERSONAL EXEMPTION
(24,000 YEN PER TAXPAYER)
AND
CREDIT FPR DEPENDRNTS
(12,000 YEN PER TAXPAYER)
<---- TOTAL, 938 BILLION YEN ----->

<------------------>
AMOUNT IN FIRST
50,000 YEN BRACKET,
TAXABLE AT 20%
598 BILLION YEN

<--------------->
AMOUNTS TAXABLE
AT HIGHER RATES

5000

NET TAXABLE INCOME LEVELS(1,000 YEN)

EACH

REPRESENTS 2.5 BILLION YEN

----- line:
RESENT RATE SCALE

Line of (white and greay) area and black area:
PROPOSED RATE SCHEDULE

Black area's comment:
TOTAL AMOUNT OF TAX ASSESSABLE UNDER PROPOSED RATES: 332 BILLION YEN

gray area's comment:
ADDITIONAL TAX IF PRESENT TOP RATES ARE KEPT: 9 BILLION