Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-14
tPu6lc-No. 1911
An ACT 10 reduce internal taxes. and for other
purposes.
Approved, July II, 1870.

Bel enacted By the Senate and Ronse u R1prnrsta.
lives ojths JAited aate' u America in CO"0rs''
assembled
That on and after the nr. lay Of May. eighteen
hun ircd and seventy.one, the special taxes imposed
BY the scvcnly.nlnth section of the act entitled an
net 10 provide Internal revenue TO support tue gov.
cI o%ep n;, TO pa. !'t spDroS Ss ' June psO ,Sif Tso' ci .Sa
hundred and slxty.tou-. rs Amended BY secuon nlne
Of the Internal revenue act approved July tniIteen.
section two OF the internal revenue act app.nvei
March two. eighteen huntrei AMI ilxty,seveh; oG,
nt he hsli 10 repeal or In any way affect the special
tax on brewers imposed by said section, or the spec
Ial taxes imposed by the act approved July .wen.y,
eighteen hundred and sixty-elsht, entltlcd An ~
Impeding taxes on diStille { spirits and tobIeeo, and
70: other pu poses" or the acn up1enlatory tnereo''
SEC. 2. AHd be 70 Jvrthc sraeisd. That on and
afer the nrst day oil OItober. eighteen nunorea ,ha
seventy, 'he several taxes on sales imposed oy Tue
Internal revenue laws now In force. saving ana eA-
cepting such taxes on sales as are oy eS,sunx Jaw
paid by stamps. AMI the tasrS on SAC, oi so x1. .nd
domestic distilled spirits, and wines. lmposea " ehVn
sct, approve July twenty. eighteen hundred and
sixty-eight and acts uuicndAtoFy Thereon, Oe' anu tue
same arc hereby, repealed.
SEC. 3. And be IL further endetsd. That on and
after the nrst lay OF OctoOrr, elShtecn hunlrel ana
seventy. the t,xes inposei ny tls internal teVsnue
arc hereby, repealed, namely: OIL articles IN schcdule
A.: tho sp.cia, tax oil boats. bargeS ana nats; on lesA'
clos an ! SUGGESTIONS; on passports; anu on s'osse
ccipis.
SEC. 4. And bel further enacted Thaton and afer
the IIs day Of JctODo: eighteen hundred ndseveuty.
The stamp tax imposed In schedule y on P,om n /, ny
receipts for any sum %ornioncy. or Tor the payment o.
any Gebt. and the stamp tax imposed IN scneuuieO
on ranno 1 anl preserved nsh, D.. and Ihe sAn,s VI
hereby, rcpealcI. Aud no stamp shall be required
upon tne transfer or assignment OF Anloftsa2c. Sneie
Il or the instrumcu; II secures has been once ouy
,i amp n,med IN Il ali scSssdnisc, who shall furnish bic
or their own lie or deslsn for stamps 10 DC nsed e,
pcCially tor his or their own proprietary aI.,SeI; .a ~
10 allowed the following commissions, namely: uh
amounts purchased a. at one time OF not less ! ian MY
dollars nor more than I'VE hundred dollars nve POT
centum; and IN amounts over NV n mumI, narcSa.sS..
Trorided, That lucifer or friction matches, ana 81.
CARA lignts. ami wax tapers, may be removed llom
country without payment OF tax. Or amxlng stamps
thereto, I'M Ter such rules aud c equations Astne eom,
missioner Of Internal R1vonue may pre.et,oe; am
all provisions OF existing laws inconsistent herewith
arr hereby repealed.
SEC. 5. And b. Il further snaetsd. That section
one ~nunIrei AMI r~ifly-eisht of the act entitled an
act 10 provide internal revenue TO support the gov
ernnirnt, to pay interest on the public debt. and ior
other purposes" approved July thirty. eighteen
hundred and sixty.iour. ~ amended ny section nine
eighteen hundred and s~lxty-six. be. ami 10 Hereby,
amended by striking out the words uity uohaIs
In the sesoni Pr9yi.o. ana inseTuni 10 'o sm saG,tS,
unpaid. but In no case lr.s than hve dollarG nso.
hy striking out the words "uxty:slx" 10 the third
prov lhO, u lnseItsuk u hSN
''scventy-o:iC; also. " o., king U 1.-THE words sixty
seveI. "a the last prOvisO. ana inserting In lieu there
Of the words"ssven'y two
SEc, &. dndbs Il further enacted, That here shall
be levied an cV.icGt+sI a%unuLiIy, n, hereinafter pro.
viIei, for the years eighteen hundred AMI seventy
AMI eighteen nan irJd sevorty-onr. and no longer,4
produ. AMI In ome OF every pcrson residing "a the
Iuited Stairs. AMI OF every citizen Of inc United
whatever. whether within or without the United
S;AtOs. except as hereinafter provided, AMI q IKE TAX
annually UPON the gains. proin; am ihSo,9T ae an IN
the Unitei States BY any person rendlnI. wpnout
the Inltoi Sistes. and not : citizen ID Ieof, ortrom
rents OF real estate within tue United States oEnei
by any person residing without the Uhlto1 States
aud hot a Citi,e Ell thereof.
SEC. :. And be IL further eaaeisd: That In eStl'
mating the gains, PROFITS. anil Income OF any person:
Kind Of property, rents. Interest received or accrued
upon Nj notes. bonds. AMI mortgages. or other iorms.
Il r Q, ami coi,ectabie. Interest upon notCs, bont,,
or other securities Of the United states, and me
amount OF all premium on gold and eoupone; tns
galus, PROFITS. and income ofany business. Profession,
traIe. employuent. otdce, or VOCATION; including
ans anIount received ~ salary or pay for ~ vlccsln
the civil, military. naval. or other seryi Is % o. AZ, .hs
cato In Congress: except that portion thereof from
which. under authority OF acts Of ConSrsss previous
wIt6hrid, tbs share OF any person OF the gains and
pTontS. whether divided or not, OF all companies or
partnerships. but not including the amount received
rom any corporations whose officers, As authorized
by law. withhold any paw ~ taxes q per oentum OF
tho dlviiontis made, and ~ interes. or coupons paid
by sucn corporations; profits realized. within tt
year tom sales Of real eAtate purchased within TWO
years previous 10 the yea. for which income ID eau
mateu the amount OF sales OF live stock. sugar.
wool, butter, cheese. pork, becf. mutton, or otner
meats, bay au1grAin, fruits, vegetables. or ouner pro
auctions, beinx the growth or produce ofthe estate oil
such person. but not ~incluiiuS any part thereof con
sumed directly by tho family; aui all other gains,
p'oits, and income drawn nom any source whAtsvrr,
but not inclu ling the rental value OF the houlestea1
uscd or occu pied by any posson. or BY MS family.
sEc. g And be IL further Enacted, That military or
naval nenstonS allowed toany person under the lav!
dollars OF the gains. profits, and Income OF any per
son. shal I've exempt from said income tax, In
t1c Manner hereinafter provided. Only one dedue'
ton Of two thousand dollars ahall b. made from the
aggregate Income Of oil the members o. any family
composed OF one or both psrents and onh or more
minor children. or ofhusband and wife; but when .
wife has by Law q separate income. beyond the con.
t-Ol OF her husband, AMI 10 living separate AMI apart
from him, such deduction shall then b. made rom her
Income, gains. and PROFITS: and guardians and trus-
OF each ward or beneficiary except that In case Of
two or more wards OF beneneiaries comprise In one
having joint property interest, only one do
dur don shall be made In their Avor. For tha pur..
pose Of allowing sail deduction from the income Of
any religious or social community holding all their
property and the income therefrom Jointly and "
common, each tvo Of the persons composing such
society. and any remaining fractional number Of
such persona less than i've over such groups
Of nvt. .hsll 30 bell 70 eOIstita.s : family:
shall b. al owed for each OF said families.
ANY taxes on the Incomes, gains. and prodtS Of such
societies. now due AMI unpaid. shall be assessed and
collected aceor linz to this provision, except that ne
year prior 70 eighteen hundred aud seventy.
SIC. 3, AID BE- v hrtkv saats ID. That IN ADJ