Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1862-06-30
The Tax BIZ.

The Tax Bill.
The tax bill, to which we made aIlusion
yesterday as having been passed by both
Houses of Congress, and was only waiting
the signature OF the President to become a
law, goes into effect on the LIST of August,
and is to continue four years. The income
tax will be due on the LIST of May, 1868, and
will be levied on the income of this current
year. The other taxes commence when the act
goes into operation. The compensation for
assessor is So per day, and commission
of 81 for each 100 names furnished by them
to the collectors. An assessor with so, 900
taxable persons in his district, might re-
ceive about 81 500 for his time, and $500
for his commissions. There will be sever
al of these 81 900 officers.
The taxes imposed are of four classes,
and the individual who is not affected un-
der one head or another must be very in-
geniOus or very unfortunate. The classes
include-frst, licenses for certain pursuits;
second, taxes on manufactured articles and
products; third, income duties; fourth,
stamp duties. These are epitomized as fol-
lows:
|. Some of the principal classes who
are required to take annual licenses are
hotel keepers, who are taxed from So to
200 AS the rental of houses and property
occupied varies from SIOO to o. 900; bank
crs, theaters, ahd wholesale liquor dealers,
500 each brokers and wholesale dealers
$50; "uctioneers, jugglers and retail liqnor
dealers, $50; Pedders from S. to 90;
apothecaries, confeclioners, dentists, law
yers, manufacturers, eating houses, livery
stables, photographers, physicians, retail
dealers, tobHccOnists, and several other
classes, $40; billiard tables and bowling
alleys, for each table and alley So.
2. The tax on manufactured articles or
products is to be paid by manufacturer or
producer on their respective sales. Man
utactures, not otherwise specified, of brass,
! copper, iron, steel, silver. lead, gold, glass,
wood, cotton, leather, india rubber, paper,
silk, thu, and many other materials 10 COM
mon use are taxed per cent on the entire
value of the manufactured articles. There
are great variety Of manufactured articles
and products subject to special taxation.
Carriages pay from 81 to SlO as their val
ne ranges from S75 to 5000; cigars from
Sl,50 to $3.50 per 1000 confectionery
cent per pound; cotton ] cent per pound
distilled spirits, first proof, 90 cents per
gallon; illuminating gas from 5 10 cents
per 1000 cubic feet as the manufacture VA
rIes from 100000 to 5,OOO,O 900 feet; ami
NAL oils cents per gallon umbrellas 3
per cent; snuff IL cents per pound: SOAP
from mill to cents per pound; tobacco
from TO Is cents per pound. Books are
not regarded as a manufacture, aud various
other articles of convenience or necessity
are exempted, being sufficiently taxed in
the materials of which they are made, or
otherwise.
3. The annual income of every person,
when exceeding 5000, and not exceeding
$4,000, phys per cent on the excess over
the former amount, per cent when the in
come exceeds $lO,OOO;-75 per cent when il
exceeds $4,000. Lcgacies exceeding 500
in value are taxed from IS cents to S., va
rying with the degree of relationship
which the leEaIee bears to the person be-
queathing the legacy. Property passing
by will or by the laws of any State or Ter
riIOry, TO husband or vile of the person
who died possessed of the property, is ex-
empt from taxation. Advertisements are
assessed per cent on receipts over $1,000:
insurance companies per cent on all div.
idends; interest and profits, 3 per cent on
income from $500 to $4,000, and per
cent for larger income.
4. The articles exposed to stamp duties
are iunumcrablo. Contracts for the hire.
use, or rent of lands or houses. are as
sessed from so cents to 81 each: brokers'
notes, memoranda of sales, stocks. bonds
notes of hand, &C., 10 cents each: con.
Veyances from 81 to SlOO, as the value
of the property conveyed varies from
500 to $4,000, and $50 for every add.
tional $4,000. Patent medicines, inclu-
ding alternatives, anodyues, aromatics.
balm of a thousand flowers, and all sorts
OF cordials, essences, electnaries, elixirs,
and Panaceas. from to four cents per
package as the cost varies from 25 cents
TO 81 and cents additional for each so
cents or fractional part thereof over ST.
blIls oil exchange pay from cents to 81
as tue payment varies from 500 or less to
;! 900, and increases propOrtionally; bills
OF ladtng from to 10 cents; bonds for
surety 80 cents; certificates of stock 25
centsi OF profit from 10 to 25 cents. of d.
post from to 8 cents according IN
amount; of any other description 10 cents.
deeds 81; legal documents, writs. or Other
original processes so cents; letters of sd.
ministratiOn from so cents upwards. nro.
mlssory notes on demand cents. on time
from B to 25 cents for sums varying from
$500 or less to $4,000, and 25 cents for
each 5000 additional, probate of Wills from
aO cents to $40 and upwards; receipts for
exports from to 10 cents.