Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-02-17
TIE TAX BILL.
AN ACT, TO LAT ADDITIONAL TAXES FOR TIE soMo
p1yKNoz AND SUPPORT oY TEE GOVERNMENT.

Az ACT To LAY ADDITIONAL TAxEs FOR soNNoN
DETESoE AND SUPPORT oY TEE GOVERNMENT
Sec. !. TIE Oongr0s Of the Confederate States Of
Aasrisa do enact Tha; IN addition 20 the taxes LEVIED
b, the act 10 lay taxes for che common dafeuoe snd 10
carry on the Government of the Confederate STATES,
spn,oVed 24h of April 1853 there shall be levied from
the passage of this act on the suejeos oil taxation
hereafter mentioned and collected from every person.
CO partnership association or corporation liable there
for, taxes as follows, to wit:
| Upon the value Of property, rea, personal aad
mixed of every kind and description, not hereinafter
exempted OF taxed q! different rae, five per cent
PROVIDED That from this tax the value Of property
empoyed ia agriculture, shall be deducted the value Of
the tax in kind delivered heTefom, az assessed under
the Law imposing it, and delivered TO tas Governmeh@
PROVIDED ThG; no credit shall bs aloScd oeyoha nVs
per cent.
II On the valus Of gold aud silver wares and pAsc,
Jewels iewslry, aud watches, ten per cent.
III Toe value OF property taxed unier sis section
shall be assessed the bass OF tho market Value OF the
same or similar property in the neghoorhosd whore
assessed in the year 1850 e1cep. in cases where land
slaves cotton or tobacco have been purchased since ths
Isl day OF January, 1882 in which case the said land
slaves cot on and tobacco so purchased shall be as
sssssd at the price actually paid for hs same by the
owner.
Sec Ca the value Of all shares or interests held in
any bsnk banking company or AssOelsto', canal,
navigation importing, exporting, insurance, manuas-
turing telegraph, express ra lroal aud dcy DOCK
companies and All other jOnt stock companies Of evIy
kind, whittier incorporated or not, Eve per cent.
The value Of property taxed under THIS section sna
be assessed upon the basis OF the market value OF such
property in the neghborh9od where ass ssed in suca
currency as may be 10 general use hr In the purchase
and sale Of such pIopery at the time OF assessment
Sec g. l. Upon the amount OF all gold and silver
CON- gold dust gold or silver buioD VII taer held oy
the banks or other corporations ndv5uls, 'e per
cent; and upon sn moneys held alb oai, or upon tae
amount of ali bills Of exchange drawn therefor on for
egu countries tax of FIVE per cent; such tax up
money abroad be assessed and collected according ID
the ysue thereof at the place where the tax is paid
IL Upon the amount Of all solvent credits and oil oil
bank bills and all ohsr papers Issued as currency, e1-
elusive Of non interest bearing Confederate treasury
notes and not employed 10 registered Business, the
inccme derived from which is taxed, five per cent.
Sec L. Upon profits made in trade and business, as
follows:
/ On all prof 8 made by buying and selling spiIu
Gus liquors. -four, wheat corp, rice sugar, molasses or
syrup salt blcon pork hogs beef beef cattle, sheep,
oats hav, fodder raw hdes leather horses, mules,
boots. shoes, cottcn yArs wool Woolieo, cotton or
ID cloths hats, Wagons harness, COAL nor, etes or
nails at any time between the fret Of January 1858,
and tie frat OF January 1865 tsn pee cent in addition
10 the tax on such profits income under the act to
Law taxes for tho common defence and carry on the
Government of the Confederate Staes, approved April
"a h, 1868
II. On all profits made by buying and selling money,
god, bhSers IVtcBu SACI0nNSi -N'~-b ~,'0'
credits or obi CATIONS OF any kind and any mefchan-
disc property or effects of any kind, not enumerated in
the precs ny paragraph, between the times named
therein ten per cent in addition to the tax on tuoh
profits as income under the aos aforesaid.
Ill On the amount Of prof exceeding tWeutT-hTe
per cst made during either OF the years 1858 and
1884 By any bank bal king company, insurance ca
nal navigat on importing and exporting, telgfaph,
express railroad manu- actuing, dry DOCK or other
Joint stock company of any descrphon whether moor
polAse osnos, twenty five per cent GA such excess
Sc The following exemptions rom taxa lon I'M
der this acs shall be allowed, to wit:
l. Properly Of each head Of family to the value OF
FIVE hundred dllars aud for each minor child OF tho
family TO tho further value OF one hundred d1ars and
for each son actually engaged in the army or navy or
who has died or been killed in the military or naval SER
vice and who was member OF the family when re
entered The service the further value oil Ve hundred
dollars.
II. Property Of the widow of any officer, soldier,
saor or M lrine, who may have deh or been killed in
the military or naval service, or where there is NJ wi
dow then of the family being minor children, to the
value OF ono thousand dollars.
Ill Property OF every officer, soldier, sailor or
marine actually engaged the military OF naval eec.
vice or Of such have been disabled in such service
to tue value of one thou and dollars provided that the
above exemptions shall not Apply 70 any prsoe whose
proparty exclusive OF houshold fufniture shall b.
sessed A. a valus exceeding one thiunnd dollsrl.
w. Tbas where property hasbsen injured or DESTROYED
BY the enemy or the owner thereof has been tempt
fsry derived o. the use or occupancy thereof or Of
the means OF edtvating the same, b. reason OF the
or proximity Of the enemy, the on
such property may be reduced in proportion to the