Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1864-01-12
A TAX BILL.

lst tax of per cent. all real AID personal ed
tate according to the valuation of $780, except on land
houses and lots sold since July ls6 which to be valued
at last sales provided that the property OF soldiers In
the army, and that OF the WIDOWS ana minor c1ae OF
soldiers Who have died in service, where less than
81 OO0 shal be exempted from tax; provided, also,
that the taxes on the property Of persons within the
Ices of the enemy shall not be collected now ualss they
desire it. but the taxes shall remain lien their real
estate.
al An income tax on ell incomes and salaries fol.
lows: per cont where $500 and less than $4,000;
10 per cent where $4,000 and less than s. 600
10 per cent where over $4,000 and less than $lOOO
30 per cent where $4,000 and less than $20
and Is per cent on all incomes over $40 000 aud that
the excess OF all of properly OF every kind over
the vauat on Of $780, occurring since Let July 1851 to
bo considered as income.
tax on all Confederate notes or other monies
a. follows: per cent. all amounts under 5000; 10
nsr cent on ali over $500 and under $780, Is per cent
on all over $500 and under $4,000; 40 per cent. on al
over 900 and under 50 900; and 70 per cent on all
sums over 600 The banks other repositories to
give in aud pay the taxss and charge and deduct the
amount of taxes from the accounts OF the depo TORS
4 Upon all manufactures and other business as fol
oHs A tax of per cent on net earnings OF less than
20 per cent. on the investment 10 PEI cenk IT over
80, and less than 40 per cent. on the inVestmen 10
per cent If over 49, and lees than so per cent the
Investment; 20 per cent if over so and less than 60
per cent on the investment 30 per cent. II over 60
and less tnan ~ per CeuL buo Afosthiont NJ P0i
cant If over TO- and less than 80 per cent, on invest
ment and 80 per cent all net earnings over so per
cent on the investment.
g. The tax on commission merchapts aud Others en-
gagged in business, the same as at present:
Tobacco cotton AID other articles of produce not to
he taxed for period of six months after production
in the producers hands, and all family supplies to DO
exempt from taxes but after six mouths these articles
to be taxed 10 per cent If in producers hands and ~
psr cent without reference to length Of time held if in
the hands of others than the producers.
Thistax it is believed will yield in the aggregate at
least 5000 O0O The tax in kind to be repealed
the greater part of is wasted used and disposed of
by Commissares QuarermAsters and other officials. The
Safe officers 10 collect wherever prao icsbe and deposit
in banks &c. This tax TO be assessed BY Isl April and
collected by lst July.
TO RIFIRE TIE CURRENsY.
After let July next all Treasury notes already issued
not to be passed except by assignment; penalty for
passing without assignment the conscation Of the
notes but the Treasury notes thus prohibited from
circulation to be entitled to the interest," SIX moBths
after the treaty OF peace which their they carry
A new issue of 5000, 000,00o of Treasury notes be
allowed to carry on the until the oney received by
taxation or other isiues shall be supplied which
ha be fuudabe in bonds carrying per cent interest,"
and aler stated periods they shall be prohibited Om
circulation but be entitled six months after the treaty
of peace, to the interest on their fJcs.