Gallipolis journal. [volume] (Gallipolis, Ohio) 1837-1919, 1862-09-11
THE NEW TAX LAW.

The tax bill goes into effect Augusl
1st, and is 10 continue four yesrs. Ths
income tax win become DE on the frs
May, 1868. and win be levied on til,
income of the preceding year. III.
other taxes commence when the ae
goes into operation. The eonpensa
ton for the ASSESSORS is IS per day
and commission Of 81 for each i0C
names furnished by them 10 the collee'
tor. An assessor With about $4,000
taxable persons in1his district, nigh
rsceiFs about, o.. 500 for bis time. and
afS'sE taRaisliRps. ghefe vii
!, &c s5sefal 81 fbess S2, 600 officers.
The taxes imposed are OF four classes,
and the Individual who is not effected
under one head or another, must be
very ingenious or very unfortunate.--
The classes include--6rst, licenses for
certain pursuits; second, taxes on
manufactured articles and products;
third, income duties; fourth, stamp du-
ties. These are epitomized by the
Worcester Mass. Spy as follows;
I. Some of the principal classes
who are required to take out annual Ii
censes are hotel keepers, who are taxed
from SIS to 5000, as the rental of hous-
es and property occupied varies from
500 to $4,000; bankers, theaters,
and wholesale liquor dealers, 500
each; brewers, from s95 to $50; bro
kers. circuses, pswnbrokers, and
wholesale dealers, $50; auctioneers,
jugglers, and retail liquor dealers, S20i
peddlers, from So to s90; apotheca-
ries, confectioners, dentists, lawyers,
manufacturers, eating houses, livery
stables. photographers, physicians, re-
tail dealers, tobacconists. and several
other classes, $40 each; billiard ia.
bles and bowling alleys, for each table
and alley, S5.
9. The tax on manufactured srti-
cles or products is to be paid by man
ufacturer or producer on their respect
i've sales. Manufacturers, not other
wise specified, of brass. copper, iron.
steel, silver. lead. gold, glass, wood,
cotton, leather, India rubber, paper,
silk, tin, and many other materials in
common use are taxed 3 per cent. on
the entire value OF the manufactured ar
ticles. There are a great variety Of
manufactured articles and products sub
ject to special taxation. Carriages pay
from s to $40, as their value ranges
from S75 to $500; cigars, from 81 so
to SO so per thousand; confectionery, !
cent per pound; cotton, ! cent per
pound, distilled spirits, 6rst proof, 40
cents per gallon; Illuminating gas, from
5 to 10 cents per 1000 cubic feet, as
the manufacture varies from 500, 900 to
10000 feet; animal oils, 2 cents per
gallon; umbrellas, 8 per cent; snuff l2
cents per pound; soap from mill to
g cents per pound; tobacco, 8 to Is
cents per pound. Books are not regard
ed as a manufacture, and various 9TH
er articles Of convenience or necessity
are exempted. being sufficiently taxed
in the materials Of which they are made,
or otherwise.
8. The annual income Of every per-
son, when exceeding $500, and not ex-
ceeding $4,000, pays 3 per cent on the
excess over the former amount 5 per
cent when the income exceeds Sl0,-
600; u per cent when itexceeds $780,
600. Legacies exceeding 500 in val
ue, are taxed from rs cents to S5, va
rying with the degree of relationship
which Iegatee bears to the person be-
queathing the legacy. Property pass
ing by will or by the laws to any State
or territory, to husband or wife Of the
person who died possessed of the prop
erty. is exempt from taxation. Ad-
vertisements are assessed 5 per cent on
receipts over $1,000; insurance COM
panIes, 8 per cent on income from $500
TO $4,000, and 5 per cent. for larger
income. ...
4. The articles exposed to stamp
duties are innumerable. CONT acts for
the hire, use. or rent Of lands or bous-
es. are assessed from so cents to 81
each; brokers' notes, memoranda Of
sales, stocks, bonds, notes Of hand,
etc., 10 cents each: conveyances, from
81 to 800, as the value of the prop
erty conveyed varies from 500 to
1000, and $50 for every additional
$4,000. Patent medicines, including
Alternatives. anodynes, aromstics, balm
Of thousand flowers, and all sorts Of
cordials, essences, electusries. elIxirs,
and panacess, from I to cents per
package as the cost varies from 25 cents
to 81, and 2 cents additional for each
so cents or fractional part thereof over
81. Bills Of exchange pay from 5
cents TO 81, as the payment varies from
500 or less to 81 500. and increase
proportioually; bills Of lading from 5
to 10 cents; bonds for surety SO cents;
certificates Of stock Is cents; Of profit
from 10 to 95 cents; Of deposit from 2
to 5 cents, according to amount; Of
any other description 10 cents; deeds
81; legal documents, writs, or other
original processes, so cents; letters OF
administration from so cents upward;
promissory notes on demand 2 cents,
on time. from 3 to s5 cents for sums
varying from $500 or less to %, ,5OO'
and a5 cents for each $500 additional;
propate of wills from so cents to $40
and upward; receipts for exports from
5 to 10 cents.
CHARAcrERrsr1cs.-It is said when