Mineral Point weekly tribune. (Mineral Point, Wis.) 1859-1868, 1863-05-06

sehutzmsyer, ed, died April 20, consumption.
David Sampson, ed.
John Van Wagner, 22d. "a &N
Isaac II. Well. 2lss.
nosr1rAI TWENTY-FIVE. 81
Robert Potter, e1st.
nosrIrAJ Twxnrr-oxx
| Ole Damness, x. 18th.
| Fred. Hilker, D, 24th, well and nurse.
HOSPITAL. TWENTY.
S. R. Smith, x, 24th, seat to Louisville.
". z. Dsryin, q. s. A., 18th, ssnt to Louisville
MRS. J. S. COLT,
| Cor. Secy S. A. 8. of Milwaukee.
Regulations for the Assessment of the
Income Tax.
The following instructions have been
received by the assessor of this district,
relative to the Income Tax. Persons will
do we'll to read them carefully and be pre-
pared for the cali of the assistant assessor
on the first of May next:
The assessor and assistant assessors of
each collection district will assess the in
come tax, as on the first day OF May next,
| upon every person residing within the
| district liable thereto. sf@ as
Each person will be required to return
| bis total income, so tar specifying the
| sources from which it Is derived as to
enable the assistant assessor to decide
| what deductions shall be made therefrom
Persons whose income does not exceed
| the sum of ten Thousand dollars, and who
reside in the United States, will be SUBJ
| .ject to duty of three per- cent. on such
| portion thereof as is liable to taxation ::
| Preceded, hosoeUer, That upon income
~ DaI int hnr do
other securities of the United States, du-
| ty of one half per cent. will be levied.
Persons whose income exceeds ten
| thousand dollars will be subject to duty
| of five per cent. on the portion thereof
| subject to taxation: Prorided, hoaoerer,
| That upon income derived from interest
| upon notes, bonds, or other securities OF
| the United States, duty of one and a
half per cent will be levied.
Citizens of the United States residing
abroad, and not in the employment of the
United States, will be subject to duty of
| five per cent on the income of any proper
| ty. securities, or stocks owned in the
| United States, and not exempted from the
income tax: ProUided, iowcuer, That upon
income derived from interest upon notes,
bonds, or other securities of the United
States, duty of one and a half per cent.
will be levied.
Every farmer or planter will be requir-
| ed to make return OF the value of the pro-
| duce of his farm or plantation, without
| deduction for the labor or services OF
| himself and his family, or for any portion
| of such produce consumed by himself and
family.
The following deductions will be made
from the income of each person, and the
tax assessed upon the remainder, viz:
State and local taxes assessed in the
calendar year preceding this assessment,
to wit, from January /, 1862, to Decem-
Der 81, 1862, inclusive.
Salariestof officers, or payments to per-
sons in the service or employment OF the
| United States, from which deduction OF
three per cent. has been made by the dis
bursting officers of the government.
Interest or dividends on stock, capital,
or deposits in any bank, trust company,
or savings institution, insurance, railroad
company or corporation, from which in.
terest or dividends duty of three per
cent shall have been deducted by the
officers of such companies, corporations,
or associations; interest from any bonds,
or other evidences of Indebtedness, of any
railroad company, or other corporation,
from which duty of three per cent. shall
have been deducted by the officers of such
company or corporation; and receipts
derived from advertisements on which a
duty shall have been assessed and paid.
Also, the sum of six hundred dolials,
except in those cases where the whole or
any part of said six hundred dollars shall
have been deducted from the salaries or
paw of officers or persons in the service OF
the United States.
The amount actually paid for rent of
any dwelling house or estate which Is the
residence of the person assessed; and
The amount paid by any farmer or plan
ter for hired labor and necessary repairs
upon his farm or plantation, including the
subsistence of the laborers.
Whenever the total income of any per-
son exceeds ten thousand dollars, and
deductions are made therefrom, upon the
ground that portion OF such income has
been subject to a three per cent. duty
upon dividends or interest paid by COM
panies, corporations, or associations, as
before enumerated, such person will be
subject to tax of two pei. cent. addition
al upon SO much Of his Income as may
have been previously subjected to duty
of three per cent. by the officers of the
companies, corporations, or associations
| before named.
Guardians and trustees, whether such
trustees are so by virtue OH their office, as
executors, administrators, or other tiducia-
ry capacity, are required to make return
OF the income belonging to minors or other
persons which may be held in trust. as
aforesaid; and the income tax will be
assessed upon the amount returned. after
deducting such sums as are exempted from
the income tax, as aforesaid: ProUaded,
| Tb>t ~ If slY hnndre6 slO
under section 90, of the excise law, shall
not be allowed on account of any minor
| or other beneficiary of q trust, except
upon statement,of the guardian or trustee,
made under oath, that the minor or bene-
| ticiary has no other income from which
| the said amount of six hundred dollars
| may be exempted and deducted
Whenever persons liable to assessment
| of income tax shall neglect or refuse to