The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1864-04-05
THE OLD TAX LAW.

Tt imposes tax of eight per cent. upon the value
| of all naval stores, salt, wines and spirituous
Gouers tobacco manufactured manufactured,
cotton wool, -four, sugar molasses syrup. rice and
other agricultural products, held or owned on the
6rst 6ay of July next and not necessary for family
| consumption for the unexpred portion of the year
1863 and of the growth or production of any year
preceding the year 1868; and a tax OF one per
cent upon all moneys bank notes or other cur
renoy ON hand or on deposit on the LIST of July
next an on the value of all credits on which the
interest has not been paid and not employed in a
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 lst day OF
July, and collected the 1st day of October next
soon thereafter as may be possible.
Section 9Th imposes the following taxes for the
year ending the 3lst of December, 1868, and for
each year thereafter:
Bankers shall pay $500 Auctioneers retail
de aers tobacconiss pedars cattle brokers' apothe-
carries, photographers and confectioners, $50, and
% per centum on the gross amount of sales made.
Wholesale dealers in liquors $500, and per
centum gross amount of sales. Retail dealers in
liquors, 800, and 10 per eentum gross of
sales. Wholesale dealers in groceries, goods,
wares, merchandise, etc. $500, and % per centum.
Pawn brokers, money and exchange brokers $500.
Disters, 5000 and 20 per centum.' Brewers,
500. and % per centum.
Hotels. INNS. taverns and eating houses-first
class. $500; second class, $780, third class 5000;
fourth class. 800; fifth class, $50. Every house
where food or Refreshments sold, and every
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 per centum all receipts.
Each circus, 500, and $40 for each exhibition.
Jugglers and other persons exhibiting shows, $50.
Bowling alleys and billiard rooms, $40 for each
Ill 10 Kill Loo
lawyers, physicians, surgeons and dentists $50.
Butchers and bakers. $50 and one per centum.
All persons engaged intending to engage, in
any business named in the 9TH section, shall, within
sixty days after the passage of the act, at the
time of beginning business, and on the LIST of Janu-
airy in each year thereafter, register with the dis
trict collector a true account OF the name and resi-
dence of each person, firm or corporation engaged
or interested in the business, with statement of
the time for which, ard the place and manner in
which the same is to be conducted. &c. At the
time of the registry there shall be paid thespecifc
tax for the year ending on the next Dist of Deem
Der, and such other tax as may be due upon sales
or receipts in such business
Any person failing to make such registry aud
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
place of business. new registry required upon
every change in the place of conducting a regis
tered business, upon the death of anyperson CON
Quoting the same upon the transfer of the bust
to another, but no 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.
A tax upon all salaries, except of persons in the
military or naval service, of | per when not
exceeding $500 and two per cent upon excess !
that amount. Provided, that no taxes shall be
imposed the salary of any person receiving a |
salary exceeding 81 000 per annum or at like
for another period Of time, longer or shorter.
The tax annual incomes, between $500 and
s 800, shall be five per cent; between 81 500 and
$1,000. five per cent the first 8 500 and ten
per cent the excess; between $1,000 and S. 900,
ten per cent; between $4,000 and 10000, I24 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; incomes from any mining or
manufacturing business the (if rented) cost of
labor actually hired, and material; incomes |
from navigating enterprises the hire of the vessels
or allowance for and of the same, not ex-
cceding ten per cent? on income derived from the |
sale of merchandise or any other property, the |
prime cost cost of transportation salaries of clerks
and rent of building; on incomes from any other |
occupations the salaries of clerks rent cost of labor
material, &c; and in of mutual insurance com !
panies the amount of loss paid by them during the
Incomes derived from other sources are sub
pct to deduction whatever.
All joint stock companies and corporations shall |
pay one-tenh of the dividend and reserved fund |
annually. If the annual earnings shall give a !
profit Of more than ten ana less than twenty per
cent capital stock. one-eighth to be paid; if !
more than twenty per cent. one-sixth The tax to !
be collected on the Ist of January next and of
each year thereafter.
tax of ten per cent. on all profits in 1862 by
the purchase and sale of -four. corn, bacon. pork
oats. hay, rice, salt, iron the manufactures of
IRON sugar, moasses made of cane, butter. wooden
cloths shoes boots. blankets and cotton cloths
This is not to apply to regular retail business.
Each farmer after reservng for his own use fifty
bushels sweet and fifty bushels Irish potatoes one
hundred bushel. corn, fifty bushels wheat pro-
duced this year, shall pay and deliver to the Con
federate Government tenth of the grain, pota-
toes forage. sugar, moIasses cotton, wool and
tobacco produced. After reserving twenty bushels
peas beans he shall deliver tenth thereof.
Every farmer, planter, grazier, one 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 cultivation and asses to
be paid by the owners of the same beeves sold to
he toxy,