The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-09-29
THE CoNFEDERArE TAx-BILL.

The following ia summary OF the lax Bill
which was passed by the Confederate Congress on
the Goth of April, 1855.
1t imposes tax of eight per cent. upon the value
of all naval stores, salt, wines and spirituous
liquors. tobacco manufactured or unmanufactured.
cotton WOOL -four, sugar molasses. syrup. rice, and
other agricultural products. held or owned the
first day Jufy next. and not necessary for family
consumption for the unexpired portion of the year
1863, and of the growth or production Of any year
preceding the year 1868; and tax OF one per
cent upon all moneys, bank notes other cur
rency. on hand deposit on the 1st of July
next: and the value of all credits on which the
interest has not been paid and not employed in a
business the income derived from which is. taxed
under the provisions of this act: provided, that all
moneys owned held or deposited beyond the limits
of the Confederate States shall be valued at the
current rate of exchange in Confederate Treasury
notes The tax to be assessed on the LIST day of
July, and collected on the LIST day of October next,
or as soon thereafter az may be possible.
Section 5th imposes the following taxes for the
year ending the 3lst of December, 1868, and for
each year thereafter:
Bankers shall pay $500. Auctioneers. retail
de alers obaceonists, pedlars cattle brokers' apohe
carries photographers, and confectoners, $50, and
24 per centum the gross amount of sales made.
Wholesale dealers in liquors 5000. and per
centum gross amount of sales. Retail dealers in
liquors, 500, and 10 per centum on gross amount of
sales. Wholesale dealers i'm groceries. goods,
wares, merchandise, ETC., $780, and % per centum.
Pawn brokers, money and exchange brokers S2OO.
Dstillers. 5000 and 20 per centum. Brewers
$lON and d per centum.
Hotels inns, taverns and eating houses-frst
class $500; second class $500; third class, 5000;
fourth class, 500; fifth class, $50. Every house
where food refreshments are sold. and every
boarding house where there shall be six boarders
or more, shall be deemed to be ain eating house,
under this act.
Commercial brokers or commission merchants
5000 and % per centum.
Theatres, $500 and 5 per centum all receipts.
Each circus. $780, and So for each exhibition:
Jugglers and other perso .exhioiting shows, $50.
Bowling alleys and billiard rooms. $40 for each
alley or table registered. Livery stable keepers,
lawyers, ply scians, surgeons and dentists $50.
Butchers and bakers $50 and one per centum.
All persons engaged, Or intending to engage. in
any business named in the 5th section. shall, within
time of beginning business and on the lst of Janu
ary in each year thereafter, register with the dis
ttict collector a true account Of the name and resi-
dence of each person, firm corporation engaged
or interested in the business. with statement of
the time for which, and the place and manner in
which the is to be conducted &C. At the
time of the registry there shall be paid the specific
tax for the year ending on the next 3lst of Decem
Der, and such other tax may be due upon sales
or receipts in such business.
ANY person failing to make such registry and
pay such shall, in addition to all other taxes
upon his business imposed by the act, pay double
amount
and like for every thirty days of such failure.
Requires separate registry and tax for each
business mentioned in the 9Th section, and for each
place of conducting the same; but no tax for mere
storage of goods at place other than the registered
place of business. new registry required upon
every change in the place of conducting regis
tered business upon the death of any person con-
Quoting the same, upon the transfer of the bust
ness to another, but no additional tax.
Every person registered and taxed is required to
Lor Of fho IF cala fro.p no
passage of the act to the Both of June, and every
three months thereafter.
tax upon all salaries, except of persons in the
military or naval service, of l per cent when not
exceeding ST., 500, and two per cent upon excess
over that amount. Provided, that taxes shall be
imposed the salary of any person receiving
salary not exceeding $1,000 per annum, at like
rate for another period of time. longer shorter
The tax annual incomes, between $500 and
s 800. shall be five per cent; between $500 and
So QUO. five per cent the first 81 500 and ten
per cent the excess; between 5000 and $5. ZOO,
ten per cent between $4,000 and 10000, 121 per
cent; $4,000 fifteen per cent; subject to the
deductions: incomes derived from
rents of real estate, manufacturing and mining
establishments, &c, sum sufficient for necessary
annual repairs; on incomes from any mining or
business the rent (f rented) cost of
labor actually hired. and material; on incomes
from navigating enterprises the hire of the vessels
or allowance for wear and tear of the same. not ex-
ceeding ten per cent; on income derived from the
sale of merchandise any other property. the
prime cost cost of transportation salaries of clerks
and rent of building; on incomes from any other
the salaries of clerks rent cost of labor
material, &c; and in of mutual insurance COM
panies the amount of loss paid by them during the
year. Incomes derived from other sources are sub
iect to no deduction whatever.
All joint stock companies and corporations shall
pay one-tenth of the dividend and reserved fund
annually. 1t the annual earnings shall give a
profit of more than ten and less than twenty per
cent capital stock. one-eighth to be paid; if
more than twenty per cent sixth The tax to
be collected the 1st of January next and of
each year thereafter.
A tax of ten per cent. all profits in 1862 by
the purchase and sale of -four, corn, bacon, pork
oats, hay. rice. salt, iron the manufactures of
iron. sugar, molasses made of cane, butter, wooden
cloths. shoes, boots. blankets and cotton cloths
This is not to apply to regular retail business.
Each farmer. after reserving for his own use fifty
bushels sweet and fifty bushels Irish potatoes, one
hundred bushels corn or fifty bushels wheat pro-
duced this year. shall pay and deliver to the Con-
federate Government one-tenth of the grain, pota-
toes. forage, sugar. molasses, cotton, wool and
tobacco produced. After reserving twenty bushels
peas or beans he shall deliver one tenth thereof.
Every farmer. planter, grazier, one-tentb of
the hogs slaughtered by him, in cured bacon at tho
rate of 90 pounds of bacon 100 pounds of pork.
one per cent upon the value of all neat cattIe
horses. mules rot used in cultivation and asses t
be paid by the of the same. beeves sold tn
be taxed income.
Trustees guardians, &C., are responsible for
taxes due from estates, &c, under their control
All hospitals, insane, deaf, and charitable asy-
lums, churches, schools and colleges are exemnt
from taxation.