Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-15

Belt Enacted blythe Senate ana Uone o.
tire Gfihs Cniled Stat" Of America" o0"0'"'
assembled
That on and after the first day Of May. eighteen
hundred md seyenty-one, the special taxes iinpoSeu
by the seventy:nlnth section 81 me aet enutsa , az
crnment to pay interest on the public debt, ana LOT
other purposes" approved June thirty. slshteGn
Of The internal revenue act approved July thirteen.
eigcteen hundred and sixty.siS, and as amenle1 oy
section two Of the Internal revenue act approTeu
ami the same are hereby. rcDealed; but this act snal,
moi be- held 10 repeal or In any way affect the speclal
tax on brewers imposed by said section, OF ". spe.'
eighteen hundred and Slxty-elght. emitted An hct
Imposing taxes on distilled spirits and TOBACCO. ana
for other purposes" or the acts aunendatory thereo'.
SIC !: Ard e.! :: 4 Z 1 Istsssr t sIssisan h bGndf Ea and
seventy, the several taxes on sales lmposeo " sne
Internal revenue laws now In force. saving ana 81.
cepting such taxes. on sales a. are oy e1isung Lam
paid by stamps, AMI the taxes on aales OIL. lshi tooac,
co, manufactured tobacco, snut. cigars, foreign ana
domestic distilled spirits, and wines, Imposed ? ysaa
act, approved July twenty. siGnteSn eI hs ,nd M n
same are hereby, repealed.
SEC. 3, dnd be Il further esaeted,. That on and
aner the first day of0ctobeS eighteen hundred ana
laws now in force, herein specified. be, and the same
arc hereby, repealed, namely: on articles inseheoule
A.; the special tax on boats. barses anu Iat; on IeEA-
cies and SUGGESTIONS; Oh passports; anu OIL s.'''fe'
ceipts.
SEC. 4. And beit further enacted That on and after
the lrst dAy ofOclOOer eighteen hundred and Seventy,
the stamp tax lmposcd In schedule b on plohllssol!
notcs for a less sum than one hundred dollars, anu on
receipts for any sum olmoncy, or for tho payment o.
any debt. and tho stamp tax Imposed In schedule I,
on canned anl preserved nsh. be, and INC sans asS
hereby, repealed. And no stamp shal 20 required
ipon lie transfer or assignment Ola mortgage. where
ii or the instrument II secures has been once au!y
stamped: And tGs pTopTistSr OF SSnp pr 'SsI fsrSIsS HI.
or their own die or design for stamps TO DC usea es,
pcclally for his or their own proprietary articles. snai
be allowed the following commissions, nancy; On ~
amounts purchased al one time OF not less Ian MY
dollars nor more than hvo hundred dollalb, nVe POT
ccntunl; ami on amounts over nve nunureu ooIihls'
ten per .ccntum OIL tho whole amount INA II.
CARS lights, and wax tapcrs, may BE- removed from
lhc place Of manufacture for export 70 q iotclsn
country without payment OF YAK; e. anS ~ H. Com.
missioner VI Internal Revenue may prescribe; ana
all provisions OfcNsting laws inconsistent herewith
are hereby repealed.
SEC. S. And be IL further eaacttd. That section
one hundred and nny-elSht OF the act entitled An
act TO provide internal revenue TO support the gov
crnmcnt. 10 pay interest on the public DEBT. any ios
hundred and sixty.four. m Amended by section MINT
Of the Internal revenue act, approved July thirteen,
eighteen hundred and ~slxty-six, De. AM u nslspy
amended By striking out the words nifty dollars
In the second provlso, and inserting III lieu thereof
the following: double the amout Of tax rcmsln,nS
unpaid. but in no case less than nvs DOLLARS, , sisoi
DN AITlkllK Oul " Nv wa
proviso. and Inserting In lieu thereof the words
Escvcnty-onc; also. by striking out the words sixty
SeveLn In the last p~royiso, and inserting IN lieu tnere
Of the words "scveniy'two.
SEC. 4. dndbc IL further enacted, That .hore shall
DC levied and collected annually, as hereinafter pro
vided, for tho years eighteen hundred and seventy
and eighteen hundred seventy-one. anu no iongsI, =
tax OF 1.-TWO and onc-half per centum upon the gaihs
profits. and income Of every person residing w. tns
United States, and OF every Citizen OF the United
States rcsidlns abroad derived ,i ihoni atSn ny fynited
States, except rs hereinafter provided, and q IKE tax
annually upon the gains, pronts, and Income ueriFea
from any business. trade. or profession Sarrien gu ~
Inc United States by any person reading. wlthout
the United States, and not 8 citizen thereof, ORION
rents OF real estate within the United states oWned
By any person residing without the ohIteu olaVes'
and nota citi, en- thereof $3.50 =-W
SEC. :, And be IL further Enacted: That In estl'
mating the gains. profits, and Income OF any person,
there shall be Included all Income delived ionl nnS
kind of property, rents, interest received or accrued
upon a~lln0tcs. bonds. and mortgages. orotneI iolnis;
OF IndebteIness bearing interest, whether PAID oL not
T. ro oSSr and .ss sElIss.a OF ;h Ie' United States. and The
amount OF all premium on gold and coupons, tne
gains, profits. and income ofany business. pToSas,Tn.
! !TniS sn, S,np,I Ey.esired as ssiaSi or pay for .crvieesi %
the civil, military, naval, or other seLraee ~
United States, or As senator. representative og Seis
SS NJ S1Isr authority Of acts or Congress previous
hereto n lax OF i've per celtum shall have been
withheld. the share Irr, % any "! pei petSo ~ \, N eompapies o or
DTOuLS, y
partnerships, but not Including the amount ieceiSea
rom nny corporations whose officers, as autnolllea
by law, withhold any paw a. taxes Aper centum q,
Tho diyldends made, and o~finterest or coupons paid
by such corporations; pronts realized within tns
wear from safes Of real estate purchased WITHIN tW9
years previous 10 the year for when income u es,f
mattel: the amount OF sales OF live stock, sugar,
wool, butter, cheese. pork. beef. mutton, or otnel
meats. hay anil grain. fruits, vegetables. or other pro,
auctions, boIng the growth or produce oithe estate OF
such person, but not including any part thereof con
sained directly by the famliy; and all Other gains.
proIlts, and income drawn from any source Whatever;
hui not Including the rontAl value OF the hohiesteau
used or occupied by any person. or BY MS iamhy'
SEC. 8. Aud be Il further enacted. That military OF
OF the United States. and the sum OF two thousand
dollars OF the gains, profits, and Income OF any per
son, shall be exempt from said insonc iah; IN
lion OF two thousand .loliars shall be made from the
aggregate income Of all tho members OF any family
composed OF ona or both parent: and one or more
wiir has by law a separate income. beyond the con.
t,oI OF her husband, and Is living separate and apart
fromhim, such deduction shall then be made from her
i ,nss mai be slowed 10 make Tho deduction In layor
Two or more wards or bene6ciaries Comprised In one
t, n ilgn n sssII Sc 'E made pi IN pshsr favor. For IN" pur
na,e o fnliowing said deduction from the Income OF
any religious or social community holding al tneir
property and the income therclrom Jointly and IN
enn,non. each Ave or the persons composing such
socIety, and any remaining fractional number Of
such persons less than i've over such groups
Of I'VE, shall be held to constitute . family.
an. and, q be deS sIiC%ea t @, each each y sPau ..ia n GSlles.
Inr taxes on the incomes. gains, and prohts Of such
~socisties. nov due and unpaid, shall be assssesd and
collected leeori ling 70 this provision, except That ths.
wear PRIOR to eighteen hundred and ssyenty,s
: SIC. 3. Isd D. nIvtk1 taaeisd. ThGt IN add
ton 10 the exemptions provided In the preceding