Western sentinel. [volume] (Winston [i.e. Winston-Salem], N.C.) 1856-1886, 1863-05-01
THE TAX BILL.

We present from the Richmond Wing a
synopsis of the bill to lay taxes for the COM
mon defence ard carrying on the Government
of the Confederate States, which has passed
both branches of Congress. It's substantially
the bill proposed by the Committee OF Confer
ence
l. The first section imposes tax of eight
per cent upon the value of all naval stores, salt,
wines and spirituous liquors, tobacco manufac-
turei or unmanufactured, cotton, wool, -four,
suyar moiasses. syrup, rice and either agricul-
tural products, held Or owned on the first day
of JULY next and not necessary for family con-
sumption for the unexpired portion of the year
1868, and of the growth or production Of any
year proceeding the year 1868; aud tax OF
one per ceat. upon all moneys, bank notes
other currency on hand os deposite the
first of July next, and on the value of all cred'
it's on which the interest has not bean paid land
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 Confed
crate States, shall be valued st the current rate
Of exchange in Confederate Treasury notes.
The tax to be assessed on the first day OF July
and collected Oh the first day of October next,
or as soon thereafter az may be practicable.
2. Every person engaged, intending to
sps.pe. in any business named in the 5th Sec
tion. shall. within sixty days Of the passage of
the act. or at the time Of beginning business,
and on the first of January in each year there
after, register with the district collector true
account OF the name and residence of each per
son, firn or corporation engaged or interested
in the business, with a statement OF the time
for yhich. and the place and manner in which
the same is to be conducted, &c. At the time
of the registry there shall be paid the specific
tax for the year ending OH the next 3lst OF De-
cember, aud such other tax as may be due up
or sales or receipts in such business.
8. Any person falling to make such regis
try and pay such tax, shall, in addition to all
other taxes upon his business imposed by the
act. pay double the amount Of the specific tax
on such business, and like SUM for every thir
ty days of such failure.
4. REQUIRES q separate registry and tax for
each business mentioned in the 5th section, and
for sacn place Of conducting the same; but no
tax for mere storage Of goods at place other
than the registered place Of business. A new
registry required upon every change in the
place of conducting registered business, upon
the transfer of the business to another, but no
additional tax.
S. Imposes the following taxes for tho year
ending the 3lst of Deeember, 1868, and for
each year thereafter:
Bankers shall pay $500.
Auctioneers, Retail Dealers, Tobacconists. Ped
lars, Cattle Brokers. Apothecaries, Photograph
ers and Confectioners, $50 and two and half
per centum on the gross amount of sales made.
Wholesale dealers in liquors, $4,000, and fve
per ceutum on gross amount of sales. Retail
dealers in liquors, 500, and ten per eentum
on gross amount OF sales.
Wholesale dealers in groceries, goods, wares
merchandise, &C., 5000, and two aad half per
centum.
PawIbrokers, Money and Exchange brokers
$200.
Dstillers 5000, and twenty per centum.-
Brewers 500 and two and half per centum
Hotels, Inns, Tayerns and Eating Houses,
frat class $500, second class $500, third class
5000, fourth class $lo0, fifth class $50. Every
house where food or refreshments are sold, and
every boarding house where there shall be six
boarders or more, shall be deemed an eating
house under this act.
Commercial brokers or commission mer>s
chants, $500, and two and q half per centum.
Theatres $500, and Ave per centum on all
receipts. Each circus 500, an d 80 for each
exhibition. Jugglers AAd uthet persons exhib~
itiag shows $50.