Monday, Oct. 29, 1934
Cuts for Children
Still deaf to his own exhortations about the joy and duty of begetting is Adolf Hitler. Last week, however, the bachelor Realmleader did the handsome thing by German spouses.
Over the Fuehrer's signature his Cabinet issued a decree law bounteously increasing the income tax exemption which German children bring to their grateful parents. Hereafter the first child will mean a 15% income tax cut and each bouncing moppet thereafter will reduce the tax by an additional 20% until with the birth of their sixth Kind, total exemption from income tax will come to Vater und Mutter.
Only rich Germans with yearly incomes in excess of 100,000 marks ($40,000) are barred from the new bounty. Offspring will be counted as "children" good for income tax purposes until they reach the age of 25.
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