Daily State sentinel. [volume] (Indianapolis, Ind.) 1861-1865, 1863-01-06

TIE T0 BIZ J1si passed both Houses Of Congress GA
the 2d q Jra>. We rive psiow = table q ne taxes I'M
posed he nsfne o. The sstie- aad classes q persons
tsxed. are s-rsnged " aiphsb~tiosi form. rendering the
table valuable for convenient and r~sdy reference:
The taxes imposed are Of The following diserenie isssss,
Fr-s-A tar on persons and corporations e gagged In
Scoad-A tax On manufactured articles. products, &c,
10 b paid by The manufacturer or producer when be
Tzfrf--k duty on iscone- o. tsdIsidusls. railroad and
steambcsf companies. pubic officers md oihers.
f~S~rfh-Duties 20 be paid for stamps. which the bill
rsqssre. 10 be affixed 10 certain papers, medicines, doeu-
ments, &e.
The Tax Bill A. 10 20 into effect on the frsi o. August
Alafse portion q the people of the Northern States will
be called ON for the Income tax, concerning the payment
Of which 40 erroneous impression Is prevalent. II j. not
year sfready passed. but vii become tue on the It 81
Nay, lsss, and isto be le1 ted on the Ipeoae for the year
preceding. Alimit i plsceaso the time IN which the tax
shsil be IN operation, the date fixed for IL 10 cease being
isss.
The President may divide the States into districts. not
exceeding the number q congressional districts, aud APP
point an asses or aud collector 10 be confirmed by the
senstsl for each dktict Each assessor may divide his
districts Into convenient sub districts, aud appoint an a.
ssstsnt Ia each division. Zach collector may appoint as
many d putiss a. he may deem proper. Bonds are re-
CURED. COLLECTORS 20 pay AID be responsible for acts Of
their depufiss.
All per~ons, partnerships, firms, corporations, or asso
citations. are required to make lists OF all their property
or incomes taxed by tins Law, on the 1T a. AUGUST. 1ss2,
and la Of May thereafter, and denser such list or state
ment To the assistant collector Of the district. A Tine Of
$500 Il imposed for incorrect lists.
Persons refusing to fnrni h a lit Of their taxable effects
and ineouse~ n Ice fined 200, and the assessor will make
n list snd then add fifty per cent. TO IL, and the assessors
are authorized 90 enter dwellings and places, to ascertain
The assessors may hear appeals, but shall not Increase
assrssments without nrst giving notice 10 the assessed
party.
post b,is Of the time when assessments are dus, and IN
they are not paid within tn days Of that time. ten per
centrum shall fe ndfpf 20 the amount assessed and The
collector OF a deputy shall. within twenty days thereafter,
call uTon the persons refusing TO pay, demanding the
amount due with ten per cent addition: and, N not paid
then. the collector may sell enongh Of the property as
sessed 10 raise the taxes, ten per cent added, and the ex-
penses,-notice % sale TO be publicly advertised. Tools
or implements Of trade q professions. one COW, arms,
and provisions. and household furniture Kept for use. and
apparel necessary for a family ball be exempt from such
sale. Property thar cannot be divided, TO be scld entire,
and the surplus paid back to the owners. If property
taxed cannot be sold for The amount Of the taxes, It shall
be bid In by the collector for the United States, and then
sold for whatever sum IL may bring.
Fins for ebstructing or hindering a collector or deputy,
eco.
The compensation of collectors IL four per centum on
the first hundred Thousand dollars collected. and one per
centum oa all over that sum, and n proper amount Of
stationary. etc, Is also allowed. Out OF the commissions
the collectors must pay their d 'puties.
If the taxes cannot he collected In any State, Mt the
time stecihsd In the act. the President Is directed to col
feet them a soon a. possible, adding six per cent interest
for the delay.
The collectors may grant licenses for dissIning; the col
lectors To appoint inspectors of distilled liquors. The dis
tllers may eject bonded warehouses;, under certain re-
.trictions. The provisions IN regerd 10 beer and distilled
liquors are lengthy and In detail.
The penalties for carrying on any business for which a
license is required. without "A license, are severe.
Railroads aud Ferries To pay , per cent ON their gross
receipts for pa n not using steam, Ia per cent.
Toll tridges ~ pay , per cent. OF their res pts. Railroad
companies shall pay 3 per cent. ON the amount of their
dividends and interest on bonds, and deduct the same
from their payments To share and bondholders. Bank
and insurance dividends are also taxed 3 per cent.
A tax OF . per cent y levied ON all advertising receipts
Of newspapers, perioii ais, fv leaves, del, 900 annu-
ally being exempt. and newspapers not having 1000 cir
culation being also exempt
II Is Understood that a separate bin will he passed tax
Ing live stock aud real estate.