Bedford inquirer. [volume] (Bedford, Pa.) 1857-1884, 1866-06-29
THE TAX BILL.
Summary Of the Amendments Reported
by the Senate Finance Committee

/
The following is 4 summary Of the more
/ important amendments made to the new tax
bill by the Senate Finance Committee:
Cotton is taxed ? cents per pound instead
OF cents, as BY the House bill
Cattle and produce brokers are to be taxed
on purchases as well as sales.
Alldlstilers ofappIes grapes, or peaches
are to pay 500 special tax. even ii they ouly
distifi small quantities.
keepers OF hotels, taverus, lnnS. or eating
houses, having paid special tax, shall not
be required to pay an additional tax for sell
ing tobacco, snuff or cigars, on the same
/ premises.
Persons who sell shell, or other fish,
/ tiupailng from place to place and not from
any shop, shall be required to pay So only,
special tax.
Architects and civil engineers are to pay
| $40 special tax
Distillers Of burning fluid and camphene
/ pay $50 special tax.
Plumbers and gas filters pay $40, special
tax
Journeymen cigar makers and apprenti-
ces as well rs other persons making cigars.
are to keep an account of all cigars.
das companies, whose price is fixed by
law are authorized to add the tax to the
price of gas sold Coaltar and ammoniacal
llqqor, produced at gas works, are free.
Sulphate Of parytes, Tree BY the House
blil IS taxed II cents per hundred pounds.
Reapers, mowers, 9hreahing machines
and separat ors corn shelters, wooden ware
and mills for the manufacture of sugar svrup
| and molasses from sorghum beetS and corn
all free by the House bill, are taxed 3 Der
cent, dd UalOrem
The 5 cents per gallon tax on wines by the
House bll. is stricken out and all wines
whether made Of grapes berries or rhubarb,
are put on the free list.
Shoe strings are taxed , per cent.
Ready G9de clothing of all kinds, for the
wear OF men, women and children, is taxed
per cent, instead Of /, as by the House
bill
l.. The clause of the House bill under which
bootmakers, shoemakers, tailors and dress
makers, doing only custom work, did not
exceed 81 ,000 is cut out and another inser
ted which excmpts them when their annual
product does not exceed 81, coo.
The tax on smoking tobacco. not sweeten
ed nor steumed, Il fixed at Is cents per
pound, instead Of 20, as in the House bill
4 new clause taxes fine cut shorts 80 cents
per pound. The tax on cigarettes. cigars
cheroots, cigars with twisted heads and short
skies, Is fixed at 81 per thousand when nor
valued at over $S; on eheroots. cigarettes
and cigars 81 per thousand when valued at
from SS to Sl2, and $40 when valued above
S12. A new clause provides that on all inn
ported cigars aud cherD6tS, not including
Cigarettes an internal duty shall be levied
and collected III addition to the importation
duties OF $40 per thousand and STAMPS.
denotlug payment OF such tax, shall be aifix-
cd 70 every box on package of imported ei-
gars or cheroots before the same are sold or
offered tor sale; and any such cigars or che
roots sold unstampcd shall be confscated
and the seller will be liable to line and i'm
prisoUmeui
new section provides that there shall he
levied collected and paid on all sales Of real
estate goods wares and merchandise, and 90
articles and things sold at auction including
all sales OF stocks, bonds and other securities /
a duty OF one tenth Of one per cent. Ban
kers and brokers sales Of foreign exchange
and uncarrent moneyare exempted from tax
Companies and persons owning railroads
steamboats,, stages, horse ears, ferry boats,
or bridges have restored b. them the right
Of which the House bill deprived lhcm to
add the tax imposed upon them to their
rates Of fare.
The House bill clause that any bank ceas-
ing to issue notes for circulation and deposi-
ting 10 the Treasury lawful money to cover
what 1t has outstanding, shall be exempt
from tax on such circulation, is stricken out
and one inserted providing that whenever
any State bank or banking association has
been or shall be converted into national |
banking association, or has ceased to do It's
usual banking business, including the max |
irg of loans ana receiving of deposits, there !
shall be assessed and collected in addition to /
thetaxes already imposed tax of one fourth |
OF one percentum upon the average amount |
OF the circulation outstanding of any such |
State bank or State banking association. !
All the provisions Of the House bill rela- |
ting to the income tax are stricken out and |
this tax remains exactly as in the existing /
law except tnat the same tax as is levied on /
persons living in the United States is also |
levied on persons living abroad and doing |
buslnesa here or receiving profits from busi-
ness done here. The exemption remains at
5000 Section III of the present law is by |
new clause amended so that no claim or
drawback for goods exported before June l3 T
1864, shall be allowed unless presented with /
in three months after the Passage of this /
act Section Of the present law is also /
amended soas to provide that every national /
banking association State bank or State I
banking association shall pay ten per cent
on the amount Of notes Of any person, State
bank or State banking association used for |
circulation, and paid by them after July |,
1867.
The article taken from the free list have
been already indicated with two exceptions,
viz; that iron bridges and castings for iron
bridges are stricken oat aud printing paper
OF all descriptions and tarred paper for roof
ing and other purposes are the only kinds of /
paper remaining therein The addition to
the free list are:
Prussiate Of potash; retorts and tiles made
OF clay stamped copper bottoms; india rub
Der springs made exclusively for railroad /
cars iron, drain and sewer pipes; cordago, |
ropes and cables made Of vegetable fibre; I
peat; railroad fish plates: saltpetre; wooden
tanks and cisters 1oT Grade mineral oil flour
Of sulphur, and all kinds of wine.
The salary of Commissioner of Internal |
Revenue IS fixed at $5,00o,as by the House
JEFFERSON DAVIS