Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-10-22

r., Il enacted byihe Senate aud Home V Rcpre'snfd-
fire cl.Le United States Of A'n'ried III CoH0re''
assembled
Tint on and after the first day Of May. eighteen
| hundred and ,cventy1ne, the spccia. faxes lihl">cd
by the scvcuty-,Iinth section OF the a. entltisJ An
act to provide internal revenue To shpp9lt thr ~
crnmeit, TO pay interest on thu public debt, anu ior
other purposes" approved June thirty, elsh.rrn
hundred and slxty-four, Us amended ny section nine
| OF The Internal revenue act approved July thirteen,
| eigeleen hundred and ~slxty-slx, and as Ame1usu "
section two OF tho Internal revenue act approved
mi tic ,aIne are hereby. reneaicd; but this act shall.
| not he held 10 repeal or ~ any way anect the spccinl
tax on brewers imposed by said scctloT' or the SPEC
InItaxes Imposed by the act approved July twenty,
| eighteen hundred and sixty-clglt. cntitlcd An aci
Imposing taxes OH distilled spirits AMI tobacco. ana
Tor other purposes" or the acts amcndatory thereof;
SIC. 2, Ind be il further enacted, THAI on and
| aner the first day OF October, eighteen nun 'rl anu
| scy, MY, the several taxes on sales Impose. ny Tue
rrntInr such ,axcs on sales rs are by existing law
| paid By stamps, and the taxes on sales OF leaf toDac,,
/ CO, manufactured tobacco. snuf. cigars, iorriyh anu
| mel. approved JULY twenty. eighteen hundred and
sixty.cight. and acts amendatory thereof. be, and the
Sa sse' ar 3 nfrSpi Gs 'e Z r%rther enacted. That on and
after the first day OF October. eighteen hundred and
seventy, the taxes imposed by the Internal revenue
M nrs n,er . reUesl:d. namely: on articles in schedule
A: the special tax on boats, barRes anu mats; on Iega'
Giles and SUGGESTIONS; on passports; anu OH gross re-
celpts. .oor
the nrst day ofOctober eighteen hundred and seScuty.
The stamp tax in ITU ,S,n ~ oS SSl SunareI do and on
receipts for any sum ofmoney, or for the payment o.
amy debt, and the stamp tax Imposed ~ sehednle Y,
on canned ami pre'sT r% M n'. s;. nc; as sSuI III he Ses1
upon the transfer or assignment OF mortgagc, where
Il or the instrument Il secures has been once uuly
stamped, And the proprietor or proprietorso OF ar
ticl"s named in said schedule c, who shall furnish his
or their own die or design for stamps TO be USED es,
| pccially for his or their own proprietary articles. snail
| b. allowed the following commissions. namely: un
amounts purchased at one time OF not less taan my
/ dollars nor more than Ave hundred dollars, nve per
Ten per crntum on the whole amount purchased.
Prorided. That lacifer or friction matches, ana q.
CARS lights. and wax tapers, may DO removed from
country without payment Of tax. or atllSing stamps
thereto, under such rules and regulation rs the Com.
missioner OF Internal Revenue may prescribe; ana
all provisions ofeNisting laws Inconsistent hete"lth
are hereby repealed.
SIC. 5. And De Il further enacted, That section
one hundred and hny,eight OF the act eniitisI M
act to provide internal revenue TO support the gov
ernmcnt, ~ pay interest on the public deut, ana lol
other PURPOSES" approved July thirty, eighteen
hundred 0 4 slXty-four. as amended 6y section nlne
eighteen hundred and %slxty-six. b., anh ID Hereby;
amended by striking out the words "nly dollars
\, ~ s9 ss, SSsTnS p aSUnSic 1 iSs nmout q tax IA n Tcm saHiHS:
BY striElnS out the words .Slxty:slx" In the third
Esevsnty-onci also. BY striking QUIT tho words sixty.
scyeI." in thclast provLso. and inscrting In lieu there.
ofthc words "seventytwo."
be levied and collected annually. a. hereinafter pro.
vidcd, for the years eighteen hundred and seventy
and eighteen hundred seventy-one. and no ,onscI; =
tax Of two and onc-hAlf per centum upon the Ealhs
profits. and income OF every person residing ~ !ny
United States, and OF every citizen OF the United
whatever, whether within or without the United
States, except AZ hereinafter provided, AMI a IKE ax
annually upon the gains, prohts, ana lncoine ueIi'r4 y,
from any business. trade, or profession carrieI on u!
| the United States by any person readlng, wi,hont
the United States, end not q citizen thereof, orIIoni
%rcntsof real estate within me 91 ihs r SLnss Stsiss
Sic. !. Iad BE- L GIrihtr enacted: That In esti'
| mating the gains, profits. and Income or any person.
there shall bc Included ali Income derived from any
| kind OF property, rents, interest received Or accrned
upon a~llnotcs. bonds, and mortgages, orotnet iorn,s;
| ofindcbtedncss bearing Interest, whether nalo OF MOI
II good and collectabIe. interest upon notes, bonds,
or other securities OF the United States, anu thc
amount mo. n,0 81 ai ,p pS5sim neomc OF ofu sS'S business ii profession.
trade. employment, ONCE, or vocatlSn' InsiuuI y
ans amount received rs salary or pay TOT scrvlessln
T'nitoi States, or a. senator. representative or dele
| 9ats IN Congress: except that portion thereof nom
which, under authority OF acts OF CongreH previous
hereto, a tax OF I'VE per ccntum shall nave oeen
Withheld, the share Of any porson q the gains and
profits, whether divided or not, Of all companies OF
partnerships. but not including ms amount fsSsIsed
from any corporations whose fnccrs, As Autnorlzcu
By law, withhold any pay as taxes per ccntum OF
the dividends made, and ofinterest or coupons paid
BY such corporations; prohts realized. within tns
year from sales Of real estate purchased within two
years previous TO the year for which income Is es,I
mated; the amount Of sales OF live ktocK, sugar,
wool, butter, cheese, pork. beef. mutton, or otnef
meats, hay and grain. fruits. vegetables. OF other pro,
auctions, being the Rrowtho or produce oftne estate OF
Such person, but not including any part thereof eo1f
sumed directly by the family; and all other gains
profits, and income drawn from any source wnateSeI,
but not Including the rental value OF INC honiSstesu
used or occupied BY any person; or ~ ~ n, MIA or
naval nenSlons allowed toAny person UNDER the law
or the United Slater, Ald the sum OF TWO tnousAnu
dollars OF the gains, profits. aud Income OF any pen
son, shall DO exempt from said lnsome WI ~
The manner hereinafter provided. Only one aeuue,
ton OF two thousand dollafs shall % nSu spv FAMILY
composed OF one or both parents and one OF niVre
minor children, or Of husband and wttc; IVY When
nifn has by law q separate Income. Deyonostne cun.
trol oTher husband, and Il living separate ana hpaIs
frI,n him, such deduction shall then be maden inei
income, gains, and PROFITS; and guardians anu t,a nr
~ s,rI1 be allowed TO make tho deduction IN 1ASoI
az each ward or beneficiary except that IN GassuI
t,vo an moe wards or beneficiaresc onlprtsedin one
6smlly. having Joint property intcres' ony one ~
dmStion dial b. made IN their f1yOr. For INC pun,
NODE OF aliowing said deduction from the income o.
sny RELIGIOUS or social community hoiding W ahg ~
Common, each I'VE OF the persons composing s"en
society, and any remaining fractional nsnoes "
sneh rucrsons less than nve over men sroups
OF Idye, shall DO held 70 constitute 2 ianiLy,
ana a deduction OF two tnousand' ao,AIs
nm be allowed for osch OF sag MHlles
Any taxes on the incomes, ga,ns nc pro sassSsd and
Collected according 70 this provision, except tnatIae
dcdnrtion shsii he only ono thousand dollars for any
year prior 10 eighteen hundred and seventy, al.