The daily Evansville journal. (Evansville, Ind.) 1862-1863, 1862-05-24
MORNING REPORT.
The tax bilI-No battle ex-
pected before Richmond
Recruiting Offices reopen
ed-Healthfu1 news from
Europe.
TRIBUNE's DispAYca..

A@ADO NE . 4(AoE AtNH
WAsHIEaToN, May 22-The friends oil
Senator Simmons Tax bill are corfident il
will be adopted. The following is the sec
ton relating to incomes. eFta
% A7d be it further enacted, That an Act
entitled An Act to provide increased reve-
nues fremsImports TO pay interest on the
public deb and for other purposes approx
ed August 5tb, 1861, be, and the same is
hereby amended aud modified as folio VS. /:
lst After the LIST of July, 1862, there
shall be levied, collected and paid, annual
IL npon yearly gains, profits, OF income. of
every. person residing 10 the United States.
whether derived from any kind of profits
rents, inte rests, dividends or saleries. or
from any profession, trade, employment or
vocation carried on in the United States, or
elsewhere, or from any other source W hat
ever, including the pay received Dy all Off
GERS of the Goyernment members aad DEL
e2ates in Congress, except hereinafter men,
toned, if such annual gains, profits, or in
comes exceed $500 and does not exceed the
sum of $4,000, a tax of per cent. on the
amount sofs said income above said
$500. If said income exceed the sum Of
$4,000 and does not exceed the sum OF
100000 tax OF 5 per cent. on such in
come above said sum OF $1,000 Upon the in
ZONES, profits, ga n rents add dividends ac-
cruing upon any property, securities aad
stocks owned in the United States, By any
citizen thereof residing abroad and not in
the employment of the Government of the
United States; gnd upon all incomes which
exceed the sum Of SEQ, 900 PER year, tax
IF per cent on the said income over the
laid sum of $50, 900 aud there shall be add
ed to the list of persons subject to the pay
ment of income taxes in the 49sh section
of said act all corporations or societies
for religious or literary purposes, whose
annual income exceeds the sIlIn--af S6on-
and upon tAeIr income above that sum there
=bNII ~ patu the same rates Of tax as are
paid by individuals: PTOgsEed CORPORA
lions and societies whose incomes are de.
voted to the publication and circulation of
the Holy Scriptures OF religious tracts, or
for the support of religious missions, foreign
or domestic, or solely TO education shall be
excluded; and Provided further. That so
mnch of the income OF every person, corpo-
ration or society subject to be taxed by
this ect as is derived from the securities of
the Government of the United States, shall
be taxed l J per cent, and no more; and
Prooided further, That there shall be no
more than three per cent: levied on the in
come of aHY person unless such annual in
come exceeds 1000 if the same or the
greater portion thereof is derived from any
profession, trade or business, carried on ia
the United States or elsewhere nor shall
any income tax be assessed on the salerv
of any officer of the Government of the
Omitted States, whose sslery is forbidden
20 be diminished during his continuance in
sIffice by the constitution of the U. S. The
slime fixed foe the payment of the income
AK in the LIST section of said act of August
9th, 1861, is hereby extended to the Isl
ay of October, 1852, when the same shall
due and payable, aud, if not then paid,
1all draw Interest thereafter at the rate of
per cent. per ansum and after said
EAR the income tax shall be due and paya-
lie on the 3oth day of June in each year,
- proposed-in said section. So much of
2 iie 5th section of said act as provides for
re appointment of assessors and assistant
SCISSORS, collectors and assistant collectors.
,gether with their duties and bond is
sieby repealed. This section meets the
pproval of even a number of Senators
no disapprove of the other features of
ir. Simmons ii |, AMI it will prob IDLY
ass.
The opinion is gaining ground here that
ne rebels will not give battle before
sicbmon1 but will evacuate.
-, There is very high authority for the
spiuien that the fugitive slave law does
not extend to the District of Columbia
Members of the Cabinet and Senators
whose legal talent is of the first order are
agreed on this point.