The Caledonian. [volume] (St. Johnsbury, Vt.) 1837-1867, 1862-07-11
THE CALIFORNIAN.
The New Tax Law.


ing at Washington, has finally passed both
houses, and will doubtless be approved by the
President. 1t goes into effect August lst,
and is to continue four years. The income
tax will become due on the lst of May, 1863,
and will be levied on the income of the pre-
ceding year. The other taxes commence
when the act goes into operation. The COM
pensation for the assessors is So per day, and
commission of 81 for each 100 names fur
nished by them to the collectors. An asses
sor with 10000 taxable persons in his dis
trict, might received about $500 for his
time, and $500 for his commissions. There
will be several of these $4,000 officers.
The taxes imposed are of four classes, and
the individual who is not affected under one
head or another, must be very ingenious 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 by the Worcester Spy, as fol-
lows:
l. Some of the principal classes who are
required to take out annual licenses are hotel
keepers, who are taxed from S. to 5000, as
the rental of the houses occupied varies from
800 to $4,000; bankers, theaters, and
wholesale liquor dealers, 500 each brewers
from so to $50; brokers, circuses, pawnbro-
kers, and wholesale dealers, $50; auctioneers,
jugglers, and retail liquor dealers, 500; ped
oilers from s. to 500; apothecaries, confec-
TONERS, dentists, lawyers, manufacturers, eat
lighthouses, livery stables, photographers,
physicians, retail dealers, tobacconists, and
several other classes, $40 each billiard ia
bles and bowling alleys, for each table and al
ley, So.
=. The tax on manufactured articles or
products is to be paid by the manufacturer or
producer on Retrospective sales Manufac-
lures, not otherwise specified, of brass, cop
per, iron, STEEL silver, lead, gold, glass, wood,
cotton, leather, India rubber, paper, silk, tin,
and many other materials in common use are
taxed three per cent on the entire value of the
manufactured articles. There are great va
riety of manufactured articles and products
"ocJSSV " SpSIiui SdIlldScS pay
from 81 to SO, as their value ranges from
$50 to 5000; cigars from 81 80 to $3.50 per
1000; confectionery, cent per pound cot
ton cent per pound distilled spirits, first
proof, 20 cents per gallon; Illuminating gas
from ) to IL cents per 1000 cubic feet as the
manufacture varies from 100000 to 1000, 900
feet; animal oils cents per gallon; umbrel-
las per cent snuff T. cents per pound
soap from mill to . cents per pound; tobac-
co from to ID cents per pound. Books are
not regarded as manufacture, and various
other articles of convenience or necessity are
exempted, being sufficiently taxed in the ma
terials of which they are made, or otherwise.
3. The annual income of every person,
when exceeding $500, and not exceeding
$4,000, pays 3 per cent OIL the excess over
the former amount per cent when the in
come exceeds $4,000; I! per cent when it
exceeds $4,000. Legacies exceeding 500
in value arc taxed from Is cents to s., vary
ing with the degree of relationship which the
legatee bears to the person bequeathing the
legacy. Property passing by will or by the
laws of any state or territory, to husband or
wife of the person who died possessed of the
property, is exempt from taxation. Adver
tisements are taxed per cent on receipts
over $1,000; insurance companies per cent
on all dividends; interest and profits, 3 per
cent on income from 5000 to $4,000, and )
per cent for larger income.
i. The articles exposed TO stamp duties
are innumerable. Contracts for the hire, use,
or rent Of lands or houses, are assessed from
30 cents to 81 each brokers' notes, memo
randa of sales, stocks, bonds, notes of hand,
&c, &C., 10 cents each conveyances from
81 to 800, as the value of property conveyed
varies from 800 to 100000, and so for ev-
cry additional $4,000. Patent medicines
including alternatives, anodynes, aromatics,
balm of thousand flowers, and all sorts OF
cordials, essences, electuaries, elixrs, and
panaceas, from to cents per package as
the cost varies from % to ST. and 2 cents
additional for each 80 cents CT fractional par
thereof over 81. Bills Of exchange pay from
cents to 81 as the payment varies from
500 or less to $1,000, and increases proper
tionally; bills of lading from to cents
bonds for surety 80 cents certificates of stock
% cents; of profit from 10 to % cents; o
deposit from to D cents according t,
amount; of any other description 10 cents
deeds 81; lega! documents, writs, or othe
original processes 30 cents; letters of admin
istration from 30 cents upwards promissor
notes on demand cents, on time from 3 t
% cents for sums varying from $500 or les
to S25O0, and % cents for each $500 add
tional A.; probate of wills from 80 cents to 81
and upwards; receipts for exports from ) t