The western Democrat. [volume] (Charlotte, N.C.) 1852-1870, 1865-07-11
TIE TAX LAW.

much interest to Us all, and one 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
may know what they will have to pay, and what
they will not have to pay, that they may not
hereafter be annoyed BY unnecessary apprehen-
sion.
"There shall be paid annually upon the an
nual gains, profits, and income of every person
residing in the United States whether derived
from any kind of property, rents, interests, divi-
dends or salaries, or from any profession, trade,
employment or vocation, carried on in the Uni
ted States, or elsewhere or from any other
source whatever, a duty of five per centum on
the excess over six hundred dollars and not ex-
ceedng five thousand dollars, and duty of ten
per centum on :be excess over FIVE thousand
dollars" "And the duty herein provided for
shall be assessed, collected, and paid upon the
gains, profits and income for the year ending the
3lst Of December, next preceding the time for
levying, collecting and paying said duty
This is the mos: 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 list in such manner az may be prescrib-
ed by the Commissioner of Internal Revenue,
OF the amount Of their income, gains or profits
as aforesaid" under oath
No farmer, manufacturer, mechanic or any
person will pay any tax at all, on his income,
unless it amounts to six hundred dollars, after
deducting the necessary expenses for carrying
on his business. la addition to this he is al
lowed to deduct his house rent and all taxes he
pays to the general Government, to the State,
County and town from his necessary expenses,
and he pays no income tax at all, unless his in-
come amounts to more than six hundred dollars
after these deductions are made.
In the event that man is unable to pay his
taxes Rud bis property has to be taken by the
government agents and sold for that purpose,
the law reserves to him the following articles:
"The tools or implements of his trade or profes-
sion, one COW, arms and provisions, household
furniture kept for use, school books and apparel
necessary for family"
In addition to this there are many specified
taxes, only few Of which are sfgeneral interes,
enough to our citizens to be noticed in a short
Article like this.
Merchants who sell over twenty-five thou
sand dollars pay fifty dollars tax-those who
sell over,oae thousand and under twenty. Eve,
pay ten dollars tax, and those selling under one
thousand are not taxed.
The tax on liquors may be summed up as
follows: Distillers making over three hundred
barrels, pay license OF fifty dollars; making
less than three hundred ~pay twenty-five dollars;
those making less than one hundred and fifty
barrels of apple OF peach brandy, pay twelve
dollars and fifty cents. In addition to this, a
tax of two dollars has to be paid on every gallon
of whisky and tax Of dollar and fifty cents on
every gallon of brandy, and every retailer of
liquors must pay twenty-five deaars tax.
Lawyers, physicians and dentists pay ten dol
lars tax each. Auctioneers from ten to twenty,
according to sale&, and one-forth of one per
cent on amount of sales. Cotton pays two
cents pound; manufactured tobacco forty cents
pound; snuff forty cents pound, and cigars
ten dollars per Thousand. Carriages and gold
watches from one to two dollars each, according
to value; pianos pay from two to four dollars !,
according to quality.
All railroads and stage routes pay tax of
two and half per cent. on the gross amount Of
their receipts, and ferries pay three per cent
All manufacturers of cotton or wool pay H.
cense of ten dollars, and tax Of five per cent on
the value of goods they make.
For the purpose of executing this law North
Carolina has been divided into three districts,
and an assessor and collector will be appointed
for eaca district.
Each assessor will appoint as many assistants
as he needs; he aud each assistant must be
resident of the district where be performs bis
duties. They have to visit every man and take
list of his taxables aud return the same to the
collectors. The assessors compensation is fif-
teen hundred dollars year and one per cent
on all Sums uuder four hundred
thousand dollars-eaeh assistant assessor is al
lowed four dollars day and small fees
The duty of the collectors 10 to receive the
list from the assessors, collect the taxes and pay