The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1863-12-01
THE coNFEDERArE rAx-BILL.

It imposes tax of eight per cent upon the value
of all naval stores, salt, wines and splrltuous
liquors. tobacco manufactured or manufactured,
cotton wool -four, sugar. moasses. syrup, rice, and
other agricultural products. held or owned on the
first day of July next and not necessary for family
consumption for the unexpired portion OF the year
1868, and Of the growth or production OF any year
preceding the year 1863; and a tax of one per
cent. upon all moneys, bank notes or other cur
rency, on hand deposit on the LIST OF July
next: and on the value of all credits on which the
interest has not been paid and not employed IN
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 Confederate States shall be valued at the
current rate of exchange in Confederate treasury
notes The tax to be assessed on the LIST day of
july and collected on the LIST day of October next,
or as soon thereafter as may be possible.
Section 5th imposes the following taxes for the
year ending the 31st of December, 1868, and for
each year thereafter
Bankers shall pay $500. Auctioneers, retail
de alers tobacconists, brokers' apothe
carries photographers. and confectioners, $50, and
81 per centum on the gross amount of sales made.
Wholesale dealers in liquors 5000, and per
centum on gross amount of sales Retail dealers in
liquors. 800, and 10 per centum gross amount OF
sales. Wholesale dealers in groceries, goods,
wares, merchandise, ETC., 5000, and % per centum
Pawn brokers, money and exchange brokers S2OO
Distillers, 5000 and 90 per eentum. Brewers,
500, and % per centum.
Hotels, inns, taverns and eating houses-frst
class, $780, second class $500; third class, $500;
fourth class, 800; fifth class, $50. Every house
boarding house where there shall be six 'boarders
or more, shall be deemed to be eating house
under this act.
Commercial brokers commission merchants
5000 and % per centum.
Theatres, $500 and 5 per centum all receipts.
Each circus, 800, and $40 for each exhibition.
| Juggers and other persons exhibiting shows, $50.
Bowling alleys and billiard rooms, $40 for each
alley or table registered. Livery stable keepers
Butchers and bakers, $50 and one per centum.
All persons engaged, or intending to engage, in
any business named in the 5th section, shall, within
sixty days after the passage of the act, or at the
time of beginning business and on the LIST of Janu-
airy in each year thereafter, register with the dis
trct collector true account Of the and resi-,
dence of each person, firm corporation engaged
or interested in the business, with statement of
the time for which, and the place and 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 the next 3lst of Deem
Der, and such other tax may be due upon sales
or receipts in such business.
Any person failing to make such registry 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 such business,
and like for every thirty days of such failure.
Requires separate registry and tax for each
business mentioned in the 5th section, and for each
place of conducting the same; but no tax for mere
goods
place of business new registry required upon
every change in the place of conducting a regis
tered business, upon the death of any person con-
Quoting the same, upon the transfer of the bust
ness to another, but additional tax.
Every person registered and taxed is required to
make returns of the gross amount of sales from the
passage of the act to the Both of June, and every
three months thereafter.
tax upon all salaries except of persons in the
military OF naval SERVICE of l per cent when not
exceeding $500, and two per cent upon an excess
over that amount. Provided, that no taxes shall be
imposed the salary of any person receiving a
salary not exceeding $1,000per annum, or at a like
rate for another period of time. longer or shorter.
The tax annual incomes, between $500 and
800 shall be five per cent; between 81, 500 and
$4,000. five per cent on the first ST. 500 and ten
per cent on the excess; between $4,000 and S. OOO
ten per cent: between $4,000 and 10000, l24 per
cent? $4,000 fifteen per cent; subject to the
following deductions: incomes derived from
rents of real estate, manufacturing and mining
establishments, &c. sufficient for necessary
annual repairs; on incomes from any mining or
manufacturing business the rent f rented) cost of
labor actually hired, and material; on incomes
from navigating enterprises, the hire of the vessels
allowance for wear and tear of the same not ex-
ceeding ten per cent; income derived from the
sale Of merchandise any other property. the
prime cost cost of transportation salaries of clerks
and rent of building; on incomes from any other
occupation the salaries of clerks rent cost of labor
material &C.; and in of mutual insurance COM
wear. Incomes derived from other sources are sub
iect to no deduction whatever
All Joint stock companies and coruorations shall
pay e-tenth of the dividend and reserved fund
annually. IF the annual earnings shall give a
profit of more than ten and less than twenty per
cent on capital stock, one-eghth to be paid; if
more than twenty per cent one-sxth. The tax to
be collected on the 1st of January next and of
each year thereafter.
A tax of ten per cent. all profits in 1862 by
the purchase and sale of flour, corn, bacon, pork
oats, hay. rice, salt, iron or the manufactures of
iron. sugar, molasses made of cane butter, wsolen
cloths. shoes. boots, blankets and cotton cloths
This is not to apply to regular retail business
Each farmer after reserving for his own use fifty
bushels sweet and fifty bushels Irish potatoes, one
hundred bushels corn, or fifty bushels wheat pro-
duced this year. shall pay and deliver to the Con
federate Government e7tenth of the grain, pota-
toes: forage. sugar, molasses, cotton, wool and
tobacco produced. After reservIng twenty bushels
peas or beans he shall deliver one-tenth thereof
Every farmer. planter, grazier, e-tenth of
the hogs slaughtered by him, in cured bacon at the
rate of 90 pounds of bacon to 100 pounds of pork:
one per cent upon the value of all neat cattle
horses mules not used in guilty alton, and asses tn
be paid by the owners of the same, beeves sold to
be taxed as income.
Trustees, guardians &C., are responsible for
taxes due from estates. &c, under their control
All hospitals, insane, deaf, and charitable asv-
lums, churches, schools and colleges are exemnt
from taxation.
This act to be in force for two years from the ex-
piration of the present year. unless repealed
but the tax on naval stores, flour. wool, cotton,