The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-07-07


pork SALT iron, or iron manufactures cotton cloths
woolen cloths, blankets, boots shoes This tax is
TO per cent, payable July 1st, 1868 1t is for this
year only, and does not apply to regular retail trade
Profits on wheat or meal are not included.
| Section IL. Levies the tithing tax. This can
be collected in kind and used by the Government,
or sold, or the Government can collect its money
value as assessed.
| From the gross product of land can bcreserved,
ls of sweet potatoes 50 bushels; 3D. of Irish pota-
toes so bushels; Sd, Of corn 100 bushels, or of
wheat, produced this year, so bushels, (but both
| corn and wheat cannot be reserved in above GUAM
tlty) 4th of peas or beans 20 bushels, or of both
! 20 bushels
Government furnishes sacks for grain, and pays
for moiaSses barrels but not for cotton bagging or
rope, or tobacco boxes.
| After above reservations each farmer or planter
pays one-tenth, or 10 per cent of the products of
| the present year-wheat, corn, oats, rye. buck
wheat, rice, potatoes, (sVeet or Irsh) cured Lav
and fodder sugar, molasses made of cane cotton
wool and tobacco, peas beans, ground peas, and
by section II, bacon, at the rate of go lbs of
cured bacon for every 100 lbs of pork included
. in the tithe
The tthe is to be delivered at depot, not more
than miles from the place of production Cot
ton and tobacco to be delivered by March 1st of
next year; other products within two months after
assessment, to be made when crop is ready for
market
| Section II. Taxes, 1st, pork Gas seen in above
section IL viz 60 pounds of bacon for 100
pounds of pork, included in the tithc, l. G. on
every 1000 pounds killed. I'd. The value of neat
cattle, horses and mules, not used in cultivation
and asses, per cent, payable July lst. Sd. The
value of beeves killed, Gas in section g. less
cost of beef if purchased, and cost of corn fed to
him goes into income.
ASSESSMENTS.
Such are the taxes levied To ascertain the
necessary facts the following provisions are made:
Sections 2, 3, 4, 6, provide for the registry of
all persons engaged in the business taxed in Sec
tion 5, viz Apothecaries, auctioneers, brokers,
&C., &c. They must register within sixty days
after the passage of this act, viz: by June 10th,
1868, or at the time of beginning business also
on lst day of January, annually.
The registry gives, first, the name of the person.
or firm. ID The residence. 3D. The place or
places of business 4. All facts going to show the
amount of tax, viz: amount of sales of merchant or
number Of exhibitions Of circus, dc.
Upon change of business, or upon death or as
signment, registry is required.
Failure to register doubles the specific tax every
thirty days.
Persons taxed on sales make returns quarterly,
under oath, and pay tax then accrued.
Sec 9. Provides for estimating income This
If the tax payer falls short Of true estimate by
oneffth, he pays one-tenth additional income
tax.
Sec. H. Provides for assessing value of tithes. !
If the tax payer and assessor agree, written
statement is made, signed by BOTH and two copies
of this are made-one for tax payer and one for
the collector. If they disagree the matter is set
tied by arbitration.
Penalties for not delivering produce are provi-
cd in viz. ic m
the assessment with the cost off fa &c.
A tenant renting land on shares Of the crop, |
settles the tithe Of bis landlord and is protected
in doing.
Sec. Is. Provides tor the responsibility of trus-
tees, agents, &C., in making returns and paying
taxes, and indemnifes them in doing.
Sec. Is. Provides for post quartermasters to
collect and receive tithes, and for their use, or
sale, or commutation into money. In word; +
for the administration Of the tithes.
THE DUTIES OF TAXPAYERS, TRUSTEES, AGENTS,
l. Every person included among the profess
ions and trades named in section 3, is required,
1st to register; 3D. to pay specific tax; Sd, to pay
tax sales to date. This is to be done by June
30h-probably by July l, will be deemed in time.
See sections 2, g.,
Persons taxed on sales will also make quarterly
returns and quarterly payments-say, July ], Oc-
tober !, January l, April l. See section 6.
2. Persons who, on lst July, 1868, hold cotton
tobacco, &c, or other products of years prior to
1868, must estimate their value, and pay the tax
Oh that day-July l, 1868. See section l.
3 Persons who, on the lst July, 1868, hold
money or currency on hand or deposit, or ere
dts on which interest has not been paid, (unless
these be employed in some taxed business must
timate their value, and pay tax July l, 1868. /
See section l.
f. Persons who made profits by speculation in
1862, must estimate and pay tax July l, 1863.
See section 10.
5. Salaried persons must estimate salaries (not
naval or military and pay tax January l, 1864.
See section Z.
g. The income tax is to be estimated and paid
J July /, 1864. See section s.
7. The planter estimates his 1.-THE when ready
for market He delivers within two months after
estimate, except cotton, tobacco, and bacon, de-
liverable March 1. See section H.
8. The planter keeps account of hogs killed to
March /, 1864, and then delivers said account
thereof, and pays bacon. Also of beeves Killed to
Nov. l, the nett value to be included IN giving IN
income. Also, Of the value of idle stock, Nov. L
the tax on which is paid January l thereafter
SOME QUESTIONS UPON THE LAW.
In section Are "monies and currency" en- .
ployed in taxed business exempt, as well as "cre /
dit employed? Yes-the exemption applies to .
both.
A second question arises, as to whether this tax ,