The Abbeville bulletin. (Abbeville, S.C.) 1865-1865, 1865-08-31
Thursday, August 81, 1865.
THE TAX LAW.

The United States Tax Bill is subject
much interest to tag all, and ono upon which
most of our citizens have had very little
chance of informing, themselves: hence we
publish some OF its most important provisions.
that people mny know what they will have to
pay. that they may not hereafter bc annoyed
by unnecessary apprehension:
"There shall be paid annually upon the an
nual gains, profits and income Of every person
residing in the United States, whether derived
dividends or salaries, or from any profession,
trade, employment or vocation, carried on in
the United States or elsewhere, or from any
source whatever, duty of five per centum on
the excess over six hundred dollars and not
exceeding Eve Thousand dollars, and a duty Of
ten per centum on the excess over five thou
sand dollars. And the duty herein provided
for shall be assessed, collected and paid upon
the gains profits nrd income for the year
ending the 2lst of December, next preceding
the time for levying, collecting and paying
said duty
This is the most important clause Of the
law; the one Of general application for the
execution of which it is provided. 'That it
shall be the duty of all persons Of lawful age
to make and render IL list, IN such manner rs
may be prescribed by the Commissioner Of
lnternni Revenue, of the amount Of their in.
come, gains or p:ofits aforesaid" under
oath.
No farmer manufacturer mechanic or any
other person will pay any tax at all on his
income. unless it amounts to six hundred dol
lars, alter 'led"eting the necessary expenses
for carr wing on his business. In addition to
this, h" is allowed to de.lnc, his house rent
anal all taxes he pays to tho General Govern
Incnt. TO the State, county aud town from his
necessary expenses. md he paysno income
tax at all, unless his income amounts to more
are made
IN the event that n man is unable TO pay
his taxes, a,.l his property has to Lc taken bv
the Government agents and sold for that pur-
pose. the law reserves to him the following
articles: The tools or implements of his trale
household furniture kept for Use. school books
and apparel necessary for family"
au.addi'ion to this there are many specified
taxes, only a few Of which are of general in
t-rest .nough to our citizens to he noticed in
short article like this.
Merchants who Sell ovcr twenty. Fl ve thousand
dollars pay fifty dollars tax; those who sell
over one thousand and under tqftpty-fivc, pay
ten dollars tax. and those sellil9P under one
thousand are not taxed.
The tax on liquors may be summed up rs
follows: Distillers making over three hundred
less than three hundred, pay twenty FIVE dol
lars; those making less than one hundred and
fifty ba. rels of apple or peach brandy. nav
twelve dollars and fifty cents. In addition to
this, tax OF two dollars has to be paid on ev.
cry gallon OF whiskey, and a tax of one dollar
and fifty cents on every gallon Of brandy, and
every retailer Of liquors mus. pay,twenty-tivc
dollars tax.
Lawyers, physicians and dentists pay ten
dollars tax each. Auctioneers from ten 10
twenty, according 10 sales, and one-fourth Of
one per cent. on amount of Gales Cotton
pays two cents pound manufactured tobac-
co forty cents n pound; snuff forty cents n
pound. and eegara ten dollars a thousand
Carriages and gold watches from one 10 two
dollars each, according to value; pianos pay
from two to four doilnrs according to quail
ty.
All railroads and Stage routes paw a tax of
:wo and a half per cent. ON the gr0ss amount
OF their receipts. and ferries pay three Dor
cent. All manufacturers of cotton or wool
pay license of ten dollars and q tax OF five
per cent. On the value Of goods they make
The tax of forty cents q pound laid OH man
nfactured tobacco was intended to be paid by
the manufacturer, but there is no officer MI.
thorized to collect it. Hence it can only be
paid by those who ship tobacco to other
States. The same may be said of the tax of
two cents a pound on cotton.
The foregoing is the present United States
revenue law-as it now exists !; in it there is
no tax on lands Mt all, but in tho place thereof
a ta1 on the income Of all farmers who clear
more than five hundred dollars year.
There is however, back tax on lands to be
collected for one year only, as tho law was
repealed after one year. This tax Is eighty
cents on every hundred dollars worth of land
valued by the tax books of lsG0.-Ralrigh
Standard