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Digital ID
upr000163-110
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I agree.r------------------------------------------------- TABLE M ? Sheet ~2 REQUIRED GROSS OPERATING REVENUE 1949 1950 Adjusted Estimated I. With. Federal Income Tax at 38$ Return at 6^$ | 36,762 # 41,675 Federal income tax 22,532 25,543 Operating expenses 211,336 251,110 Total - Required Gross Revenue #270,630 #298,328 Gross Revenue (Present rates) 202,390 2 2 2 ,0 0 0 Required Increase Amount # 68,240 # 76,328 Per Cent 33.72 34.38 II. With Federal Income Tax at 45$ Return at 6|$ # 41,675 Federal income tax 34,098 Operating expenses 250,534 Total - Required Gross Revenue #316,307 Gross Revenue (Present rates) 2 2 2 ,0 0 0 Required Increase Amount # 94,307 Per Cent 42.48