Washington standard. [volume] (Olympia, Wash. Territory) 1860-1921, 1863-05-23
u. INCOsIE .rAx.

DuBLIC attention is called to the laws Of the
United States, approved July 1862, in relation
to the excise tax, &C., and particularly the 00tl
section, pags 81. BY q careful examination Of
that section Of the Law il will lie observed that the
law coutemplates that all persons shall pay ma
tonal tax all gains, profits, or income, derived
from any source whatever, less 5000, and except
~ therein excepted. II the gain, profit Or income
exceed $500 and does not exceed ten thousand dol.
lars, . duty Of three per centum, on tho amount
Of such annual gain, profit, or income, over and
above the said sum Of six hundred dollars and Il
said income exceed the sum Of ten thousand dol
lars, a duty Of Ave per centum upon the amount
thereof exceeding six hundred dollars, and upon
the annual gain, profits, Or income, rents and div
idends accrung upon any property, securities and
stocks owned in the United States, by any citizen
Of the United States residing abroad, except W
therein excepted " there shall be levied collected
and paid duty Of Eve per centum."
The DIST section provides &C That in estimating
said annual gains, profts;r or income, whether
subject to duty, rs provided in this AIT Of three
per centuun, or Of Eve per centum, oil other ma
tional, state and local taxes lawfully assessed upon
the property or other sources Of iRcome Of any
person as aforesaid, which said annual years
profits or income Of such person is or should be
divided, shall lie frs: deducted from the gains,
profits or income OF the person or persons who &C
tuAlly pay the same Tue public are referred to
the section for other exceptions: "And the duty
herein provided FOX shall be assessed and collected
upon the income for the year ending the thirty.
first day Of December NEXT preceding The time f0r
levying and collecting said duty, that il to say.
on the first day Of May, eighteen hundred and
to the proviso in said section which is referred to-
The o2d section provides: That the duties
on incomes herein imposed shall be due and pay.
able on or before the thirteth day Of June, 1862,
&C., with the penalties annexed upon non-pay.
ment which the public respectfully referred
N Antc s, nl.Ns., 80 l~n.
that should make returns, &c.
From the above and the law, II is apparent that
it will be the duty OF every person Or persons liza.
blc to the income tax to make up his or their &C.
counts Of gains, profits, or income, from every
source whatever, that they may be enabled to rem
der to the assistant assessors or before the frat
day of May, $685. an intelligent account Of their
gains, profits and incomes from any and all sources
whatever. And particularly so, as each person
will be required every to certify that it is
q true and faithful statement of their gains,
profits, or income, whether derived from any kind
Of property, rents interests, dividends salary or
from any profession, trace, employment, or voca-
ton, or from any other source whatever, from the
first day Of January to the 3lst day Of Dec, 1862
both days included. II will be observed that the
law does not intend to lay duty upon what maa
necessarily consumes in living, it therefore 10
wisely provided that GOO dollars shall be exempt
from this tax, yet it is equally clear that If man
chooses {" live extravagantly, or otherwise COM
sumo or expend treble that amount, or the entire
amount OF his gains, profits, or income, he is still
liable to pay a tax on all over 600 dollars.
The income tax for the year 1869, is assessabio
on the FIRST day Of May, 1863, aud is due and pay
able on or before the 30th June, 1863, and any
sums due and unpaid thirty days after the 3oth
June, aforesaid, and ten days after demand By the
Collector, five per centum will be added to tho
amount unpaid.
JOHN G. SPARKS,
U. S. Assessor for District Of Washington Tel.
Office Of the U. s. Assessor, for the
District of Washington Territory,
Olympia, April II, 1868.
The Washington Staissman and Golden Age will
copy the above one month, aud forward their ac-
counts to this office. r23-tf1