Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1862-07-04
~ rRnRnAL - ILL

The Tax bill which recently passed the red
eral Congress, Is printed in The Northern papers,
and occupies seven columns, fine print It cuts
rather a strange fgure in American eyes, and
cannot isil to become vastly unpopular even in
the land of Linsolndom We subjoin below a
few Of the more important features OF it, as
grouped together by the Louisville Express.
The taxes imposed are on four classes, viz;
Frst-Lcensss for certain pursuits.
Second-A tax en- Manufactured articles.
Third-A duty on individual and corporation
incomes.
FouHh-A stamp duty.
The bin is to 60 into efFec; on the LIST Of
April, but the taxes will not be due until the
Ist Of May, 1868, when the income and profits
Of the year previous must be accounted and
paid for. The tax bin is to operate four years,
the limit being 1866. Assessors are to receive
i've dollars per day, and a commission of a
cent per name on the tax list furnished by the
collectors. We shall thus have an army of
these Office holders, with whose presence we
have never before been pesiered, at an annual
expense of about too th0uSaad dollars each.
By these provisions Of the bin, now the law of
the land, in addition to the fee of the lawyer,
who writes the agreement Of rent, by which
yen get a home for three years, you win be re-
quiIed to pay ffty cents for the privilege Of
using the paper, and if you rent for a period
exceeding three years the stamp duty is double.
The license Of the auetioneer win cost an addi-
tional double Y for the benefit of Uncle Sam.
For her twenty-five cents worth of aromatic
snuff, Balm of a Thousand Flowers" etc,
each lady viii be required to pay one cent tax.
All banks viii be required to pay over to the
general government three per cent. on all diyi-
dends, aud bankers WILDE required to deposit
one hundred dollars for license to " shave" On
bills Of lading to foreign poras a stamp duty of
ten cents, and on those of local character but
five cents. IF you sre so unfortunate as TO have
to give bond in the police court for your good be-
havior, the paper on which it is written will cost
you fifty cents. Books are not to be looked upon
as manufactures. If you desire to lounge in a
coach which cost six hundred dollars, you must
pay Congress ten dollars for the privilege.
Every certificate of stock in any incorporated
company pays a stamp duty Of twenty-five
cents. Raw cotton is taxed one-half cent per
pound and manufactured cOttons, three per cent.
on the profits derived from their sale. Distillers
pay a yearly license Of fifty dollars, and twenty
cents per gallon for first proof distilled spirits.
Eating houses pay q license of ten dollars. All
gold manufactures are taxed three per cent on
the profits. Gunpowder is taxed one-half cent
per pound. Hotels pay for licenses at from S. to
$500. Pig iron is not considered a manufacture.
Lawyers, instead l. Of being virtually abolished by
the imposition Of q heavy tax, psy the insignif-
cant sum of SO for license. Physicians licenses
cost SO. On the gross receipts for carrying
passengers, railroads are required to pay s per
cent, and railroad iron is taxed 81 50 per ton.
Al retail merchants pay SO for each license,
except liquor dealers, to whom that privilege
comes double. All domestic sugars are to be
taxed Ibc. per pound. Theaters are required to
pay 500 into the treasury license. All whole
sale dealers pay a license of $50, except liquor
dealers, the charge for whose license is 500.
Ca the profits Of all manufactures of bone, brass,
copper, cotton, fax, glass, gold, guttapercha,
hemp, horn, iron, ivory, lead, leather, paper,
pottery, silk, silver, steel, tin, willow, wood and
wool, a tax Of three per cent. is levied.
It is the custom Of manufacturers to dispose
Of their goods to customers who sgree to make
payment therefor at the expiration of three, six
or nine months. But he taxes are to be paid to
the government al me time the goods are sold
or delivered for consumption or sale, and hence
the manufacturer viii be deprived of the use Of
the money expended for material and of that
paid for taxes. In this view of the subject it
would appear that the burden of taxation win
bear heavily on the class Of which we have