Weekly Trinity journal., 1870-08-27
NUMBER "a.
What Taxes Have Been Taken on.

The changes in 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 next After January
the duty on tea will be 10 cents pound, instead
of 20 that coffee cents pound, instead of
3 molasses, cents per gallon, instead of 8
sugar will be reduced nm average of cent per
pound dried fruits from cents to % cents per
pound and spices will be reduced in duty about
80 per cent,
TAXES ABOLISHED.
The internal taxes from which we shall be
wholly relieved from in October next are
l. On carriages of every description, Sc to $40
each
2. On watches, 81 to So each,
g. On billiard tables, $40 each.
L. On silver plate of all kinds cents per
pound.
g. On gold plate, so cents per pound.
g. On passports, SIS each
T. On boats, barges and flats, So and $40.
s. On gross receipts, including those of rail-
roads, steamboats,, canal boats, and all other
vessels and stages, % per cent of receipts,
.. On gross receipts of telegraph companies,
ferries, bridges and turnpikes, per cent.
10. On retail dealers, (license taxi $40.
IL. On wholesale dealers, or those whose sales
exceed $4,000 year 500 each, and 81 addi-
tional on every 1000 of sale exceeding $40 00o.
These taxes ON sales are all repealed, except as
regards liquors and tobacco
II. Ga banks with capital of $50, 900, 500
EACH and So additional on every 81 900 of capi-
tai above $50 900.
49, On brokers (lccuse) $50 each.
IA On hotels (license) $40 to $500 each.
l5 Auctioneers and peddlers (license) $40 to
$50 each
l6 Claim agents, insurance agents, real estate
agents. patent right dealers aud conyeyancers,
$40 each.
IT, Manufacturers Oiconse) $40 each.
49, Proprietors of theaters, museums, circuses
and concert halls, 500.
49, Proprietors of gift enterprises, $3.50
90 Lawyers, physicians, architects aud build
ers, $40.
81 Coffee and spice grinders, $lOO.
3D. Express agents, $50.
23 Miners, assayers, plumbers photograph
ers, apothecaries, butchers and eating house
keepers, $40.
All others now chargeable with license tax Of
any kind, except dealers in spirits and tobacco,
are exempted.
"a On canned and preserved fish, now paid
by stamps, per cent. per pound.
25 On bills and receipts, to any amount and
on promssory notes for less sum than SlOO
NOW paid by stamp) 2 cents and cents.
All other stamp taxes are continued.
90. On legacies aud SUGGESTIONS, all repealed.
TAXES REDUCED.
o. On incomes exceeding 50, 900, for the year
commencing January |, 1871, "a per cent
The exemptions are, in addition to $4,000,
all taxes and interest paid during the year, bad
debts and losses, 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.
30 On dividends of all corporations for the
year 1871 including banks, railroad companies,
trust companies insurance companies, canal and
turnpike companies, aud savings institutions, "a
per cent
This tax is to be paid by the companies, who
may deduct it in disbursing their dividends to
the individual holders,