The Highland weekly news. [volume] (Hillsborough [Hillsboro], Highland County, Ohio) 1853-1886, 1870-08-25
PRESENT TAX.

DC " AtOAAJ ANAACNNA AANA-- ~ CS~S~~-
next are as follows:
PRESENT TAX.
/ 1. On carriages of every description,
/ Sc to $40 each.
2. On watches, 81 to 81 each.
3. On billiard tables, $40 each.
4. On silver plate Of all kinds, 3
cents per pound.
3. On gold plate, so cents per pound
6. On passports, So each.
Z. On boats, barges and flats, S. and
IS1O each.
8. On gross receipts, including those
of railroads, steamboats,, canal boats
and all other vessels, and stages, p
per cent. of receipts.
9. On gross receipts Of telegraph
companies, ferries, bridges, and turn
pixies, per cent. of receipts.
10. On retail dealers, (icense tax,
$40 each.
II. On wholesale dealers, or those
whose sales exceed $25, 900 a year, sac
each, and 81 additional on every ST.
600 Gf sales exceeding $4,000
These taxes on sales are all repealed
except as regards liquors and tobacco
II. On banks and bankers, with cap
itaI of $50, 900, 500 each, and 50 addi,
tional on every one 81, 900 of capital
above $4,000.
13. On brokers, Qicense,) $50 each
II. Hotel keepers, Qicense,) $40 tc
$500 each.
Is. Auctioneers and peddlers, Qi,
cense, $40 to $50 each.
Is. Claim agents, insurance agents
real estate agents, patent right dealers
and conveyauces, $40 each.
II. Manufacturers, (license.) SIC
each.
18. Proprietors of theatres, mu
seums, circusses and concert halls, $lOC
each.
10. Proprietors of gift enterprises.
$3.50 each.
20. Lawyers, physicians, architects
and builders, SO each.
q. Coffee and spice grinders, 800
each.
p. Express carriers and agents, SIC
each.
%. Miners, assayers, plumbers, pho
tOgraphers, apolhecdries, butchers, and
eating house keepers SO each.
AU others n0lg chargsa6!8 l0itb license
tao of a1y kind, except dealers i1 spiT
It's and tobacco, are exempted.
24. On canned and preserved fish
i(now paid by stamps,) l cent pei
pound.
%. On bills and receipts, to any
amount, and on prOmissory notes fol
a less sum than SlOO, (now paid by
stamp cents and cents each.
All other stamp taxes are continued
in force.
26. On Iegacies and SUGGESTIONS, 81
to So on every 500 Of property devils,
ed or inherited, according to the de
| gree Of relationship. All repealed
TAXES REDUCED.
q. On incomes exceeding S2,0OO
for the year commencing January l,
1870, aud January l, 1871, p pei
cent.
The exemptions are, in addition to
$4,000, all taxes and interest paid dur
ing the year, losses and bad debts,
rent or repairs on dwelling houses
and amount paid for labor to cultivate
land. or to conduct any other business
from which income is derived. This
is the personal income tax. 1t is a
tolerable easy one.
2S. On dividends of all corporations
for the year 1871, including banks,
railroad companies, canal and turnpike
companies, trust companies, insurance
companies and savings institutions, %
per cent.
This tax to be paid by the cOmpa-
nies, who may deduct it in disburSing
their dividends to individual holders
Such is a complete view of the ex.
emutiOns and reductions of taxes un.
der the internal revenue system. The
whole constitutes a long step in the
hight direction, of throwing off burden.
upon industry and enterprise, and as
the Treasury can now spare the reve
nue. they have been yielding, they
will go into effect not an hour toe
soon,