The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-04-07
THE CONFEDERATE TAX BILL.

THE CONFEDERATE TAX BILL
The bill to be entitled "an act to lay taxes for
the common defence, and carry on the Govern
ment of the Confederate States, which was passed
by the House of Representatives on the 23d ult.,
and il now pending in the Senate, provides that a
tax of one per cent shall be levied on the value OF
oil real and personal property, moneys and credits,
except on such personal property other than slaves
which have been taxed, money or credits as may
be employed in a business taxed under this act, or
the profits of which are herein specially taxed.
Upon the value of all agricultural products not
owned BY the producers, ten per cent; cotton and
tobacco, when in the hands of the producer, i've
per cent.
Bankers shall pay $500, and 20 per cent upon
the gross amounts of profits realized the bust
ness.
Auctioneers, tobacconists, cattle brokers, ped,
dlers, apothecaries, photographers and eonfec-
TONERS, shall pay $50, and q per cent on gross
amount of sales. The tax on auction Gales of
stocks shall be one-fourth of one per cent
Wholesale dealers in liquors, 5000, and five per
cent on gross sales. Retail dealers in liquors,
500, and ten per cent.
Retail dealers in groceries, dry goods, ETC., $50
and p per cent. -
Wholesale dealers, 5000 and = per cent.
Pawnbrokers, 5000, and twenty per cent on
gross profits -.
Dlstilers, $500, and twenty per cent. on gross
sales.
Brewers, 800, and p per cent. on gross sales
Keepers of hotels, inns and taverns, S20 and
~ per cent. upon the gross amount realized in
business.
Keepers Of eating houses and boarding houses,
in which there arc at least six boarders, S4O and
- per cent.
Money brokers, $500, and 20 per cent on gross
receipts.
Commercial brokers, 5000, and 81 per cent.
upon Ill sales made
owners of theatres; $500, and FIVE per cent on
all receipts.
Each circus, 500, and $40 for each exhibition.
Jugglers, $50.
T.. On each bowling alley or billiard table, $40
Livery stable keepers, $50, and five per cent on
gross receipts.
Butchers and bakers, $50, and one per cent on
sales.
Lawyers, physicians, surgeons and dentists, $50,
and - per cent on gross receipts from their pro-
fession.
On all excess over $4,000 Of net profits of any
banker, auctioneer, etc, l23 per cent; on all ex-
cess over $4,000, twenty-five per cent.
Salaries over 81 900 and under 81 800, shall be
taxed one per cent; over 81, 500, two per cent
Railroad and steamboat companies to pay FIVE
per cent. on receipts from passengers, two from
freight.
Banks, savings in stitutions, gas, telegraph, ex-
press, and manufacturing companies, partnerships,
and individuals shall pay % per cent oil profits,
dividends, and sums added to surplus funds.
Insurance companies shall pay FIVE per cent,
quarterly, on gross receipts from premiums
On profits all real or personal property
bought and sold during 1862, and to LIST April,
1868, except in due course OF business ten per
cent.
On all land, slaves, tobacco, naval stores, forage
or provisions bought and sold, after LIST pril ex-
cept to Confederate Government, or by person or
company taxed under this act, two and half per
cent.
Alter 1st Jan. 1868, fourteen per cent on in
comes profits from all sources other than from
property on which tax shall have been paid un-
der this act. When the income exceeds $4,000,
al additional tax of ten per cent on the excess
shall be levied.
Any person not.a citizen of the Confederate
States, between Is and IS, not in the military or
naval service Of the Confederate States, exercising
any calling herein taxed, shall pay double tax.
Advertisements in newspapers, magazines, ETC.
shall be taxed two and one-third per cent, paya-
bic quarterly.
The last section exempts from taxation, pro-
visions purchased for family consumption; real and
personal property of civilians, of less value than
81 900; real and personal property of person in
me hlhtary on naVai service, OF less Value than
$4,000; property Of colleges schools, charitable or
religious corporations; public lands, bonds of the
Confederate States and Of the several States there
of; property from which the owners have been dis
possessed by the enemy during the twelve months
preceding assessment; fire engines; books, por-
traits, pictures, and wearing apparel of every
person and family, except watches and jewelry;
all agricultural products of the last preceding crop
produced on land taxed under first section, in
hands of producer, other than agricultural pro-
ducts, specially taxed; all farming implements, and
tools used by mechanics in their respective trades