Holmes County Republican. [volume] (Millersburg, Holmes Co., O. [Ohio]) 1870-1895, 1870-09-29
THE REDUCTION OF TAXES.
What Taxes Have Been Taken off and
When,

WHeHs
The changes of internal revenue
taxes do not take effect until the
first of October next, while the new
tariff rates do not go into operation
until the first of January, 1870.
The stamp taxes, therefore, and the
old high duties we have been living
under so long, are still in force.
But after January next, the duty on
tea will be Is cents a pound instead
of %; that on coffee 3 cents a
pound, in place of five; molasses 5
cents per gallon, instead of S; sugar
will be reduced an average of l cent
per pound; dried fruit from 5 cents
to q cents per pound, and spices
will be reduced in duty about so per
cent. Here, We are sorry to say, the
relief to consumers of staple COM
modities by the modified tariff will
stop.
PRESENT TAX.
l. On carriages of every descrip-
ton, Sc to $40 each.
2. On watches, 81 to 50 each.
3. On billiard tables, $40 each.
4. On silver plate of every kind, 8
cents per pound.
5. On gold plate, so cents per
pound.
6. On passports, S. each.
Z. On boats, barges and flats, S.
and $40 each.
s. On gross receipts, including
those of railroads, steamboats,, canal
boats and all other vessels, and sta
ges, two and one-half per cent. OF
receipts.
9. On gross receipts of telegraph
companies, ferries, bridges and turn
pixies, 3 per cent. of receipts.
10. On retail dealers Cicense tax,
$40 each.
IL. On wholesale dealers, or those
whose sales exceed $4,000 a year,
$50 each, and 81 additional on ev-
cry $1,000 of sales exceeding $780,
900.
The taxes on all sales are repealed,
except as regards liquors and to
bacco.
IL. On banks and bankers, with
capital of $4,000, 500 each, and
50 additional on every 81 900 of cap
ital above $4,000.
13. On brokers (license,) $50
each.
IA. Hotel keepers Cicense,) Sic
to $500 each.
Is. Auctioneers and peddlers Iii
cense, $40 to $50 each.
16. Claim agents, insurance
agents, real estate agents, patent
right dealers, and conveyancers, Sic
each.
II. Manufacturers licensed, Sic
each.
Is. Proprietors of theaters, mu-
seums, circuses, and concert halls,
800 each.
19. Proprietors of gift enterpri-
sis, $3.50 each. -
90. Lawyers, physicians, archi-
tects, and builders, $40 each.
81. Coffee and spice grinders
$1OO each.
o.. Express carriers and agents
$40 each.
%. Miners, assayers, plumbers
photographers, apothecaries, butch.
ers, and eating house keepers, SIC
each.
All others now chargeable with
license tax of any kind, except
dealers in spirits and tobacco, are
exempted.
| "a. On canned and preserved fisf
| now paid by stamps,) l per cent
per pound.
25. On bills and receipts, to any
amount, and on promissory notes
for less sum than 800, (now paiG
by stamp 2 cents and 5 cents each
All other stamp taxes are contin
| ueu Ill lOICe.
26. On legacies and SUGGESTIONS
81 to Sc on every 500 of property
devised or inherited, according tc
the degree of relationship. All re
pealed.
TAXES REDUCED.
| 81. On incomes exceeding 2,OO(
for the years commencing January
| l, 1870, and January 1, 1871, q PEI
cent.
The exemptions are, in addition
to $4,000, all taxes and interest pait
during the year, losses and ba(
debts, rent or repairs on dwelling
houses, and amount paid for labol
to cultivate land, or to conduct any
other business from which income
is derived. This is the personal in
come tax.
%. On dividends of all corpora
tions, for the year 1871, including
banks, railroad companies, insu
rance companies, canal and turn
pike companies, trust companies
and savings institutions, q per cent
The tax may be paid by the com
Ipanies, who may deduct It in dis
bursting their dividends to the indi