Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-17
TPublic-S0. l64.)
AN ACT 10 reduce internal taxes, and for other
purposes.
Approved. July u. 1870.

n. n ed vihs Senate and Homo q ReprssAa-
tire. gI,iis J.t'd Sat" Of America (" c0H'T'''
| aasemblei
That on and after the nrt day Of May. slshteen
hundred and sevcnty-one, the special taxes impo.cd
BY the scventy.ninth section of the act entitled AZ
| act TO provide Internal revenue to support the gov
s,Smen a,r 10 pay I i snSSoS on inc 1Sh PSO .Sif aso' ci n e.
hundred aud slx;y.four. as amended ~ sScuom nlIe
Of the Internal revenue act approved July lnEtevm.
section two OF the in:crnal revenue act approved
March two, eighteen hundred AMI slSty-seNen oc;
and the same are hereby. revealed; out ms scI snn'i
\ moi be held to repeal or IN any way Affect the special
tax on brewers imposed by said section. or the spec
IsItaxes imposed by the act approved July twenty,
eighteen hundred AMI q , slSty :eISI,. s Smit toS.cc CO" md
for other purposes" or the acts amenuatory 'heseo'.
SEC. .. Aud be IL further enacted. That on and
| nflcr the frst day OF October, eighteen huhoreu anu
Internal revenue laws now In force, saving and ex-
cspting such taxes on sales rs arc by eNistihg IA"
paid by stamps, anil the taxes on sales OF ISn' ,ooae,
co, manufactured tobacco. snur, cigars, iorelsn anu
domestic distilled spirits. and wines, inipossu py salu
act, approved July twenty. eighteen hnndrcd aha
sIxiy-elght, and acts amendatory thcEeoi' oc' aua tue
same are hereby. repealed. .
SEC, 3. And b. IL further enacted. That on anG
after the lrst day OF October, eighteen hunurcl anu
seventy, the taxes imposed by ths ln!ernat : ams
laws, now In force. herein specified, he, anu the same
nrc hereby, repealed. namely: on articles lhscneuule
A: the special tax on boats, barIcs and hats; on le9a-
cies and SUGGESTIONS; OH passports; anu OIL Gro''re-
celpts.
SIC. 4. And be IL further enacted Thaton and alpr
the nrst day otJctobcr eighteen hundred nnd scveuty,
The stamp tax imposed In schedule u on promlSsor!
notes Tor 4 less sum than one hunireh dollars. anu on
receipts for any sum Ofmoney. or for the paYllinht o.
any debt, and the stamp tax imposed IN sche1ule Y,
on canned and preserved nsh. be, and Ihs sanIe AZ
herc' v. ~repcalel, Aud no stamp shal be required
upon tic transfer or assignment Of amortgnge. SneIe
ii or the Instrument II secures has becn once duly
, ,'tIs. Named Ana IN . al !sSsiuiec Z, VI Who shall Ia furnish his
or their own die or design for stamps to be used c.,
pccially for his or their own proprietary Articles. snan
amounts purchased at one time OF not less I lnn my
dollars nor more than i've hundred dollars, hve per
len ocr cantum OH the whole amount purchased.
Frusided, That lucifcr or Fiction matches, anu c.
CARS lights. AMI wax tapers, may be removes II1m
ihe place OF manufacture for export 10 q ioefisn
country without payment OF tax, or anlxing stamps
thereto, under such rules and regulations as the Con.
missioner Of Internal Revenue may prescribe; am
all provisions otcNlstlnB laws inconsistent ncte"i'"
arc her by repealed.
SEC. =. And be il further enacted. That section
one hundred and try-cight OF the act entitled An
act to p7vIidc internal revenue to support the gov
ernmei., 10 pay interest on the public debt, and ior
other PURPOSES" approved July thirty, sienteen
hundred and sixty.four, as amended by section pine
OF the internal revenue act, approved July thlrtcen'
eighteen hundred and ~slxty-six. be, and 10 hereby,
amended by striking out thr words my dollars
I, H. .i 5Si sSSGns P !SDnSic n Inc aSeul y , Ia n Tsm snH1HH;
unpaid. but. In no case less than I'VE dollars" also,
By striking out the words "sixty.siS" In the third
| uTONlsO. anu lHbcIliUB III uCl .iitlfpi ""iNn
sseventy.onc; also. by ST. king out the words "Nxty-
scyer.' In the last proviso. and inserting In lieu there
Of the words "scventy'two."
SEC. 6. AMdL be IL further enacted, That here shall
be levied and collected annually, ~ hereinafter pro.
vided, for the years eighteen hundred and seventy
and eighteen hundred scventy-one, and no longer, a
tax Of two aud one-hall per eentuni upon .ne gam ~
United States. and OF overy citizen OF inc Oniteu
States residing abroad, derived rom any .nutce
whatever. whether within or without the United
StatrS. exccpt ms hereinafter provided, and 4 Ike lax
annually upon the gains, pr0hts. anu income uen'ru
from any business. trade, or profession SsItie. , ~ NJ
the United States, AMI not a citizen Thereon, orIloni
rents of real estate within the United states Swnen
by any person residing without tue Onlleu o'".es'
and not q citl,c thereof,
SIC. :. And be IL further. enacted: That IN est
mating the gains. profits, and Income OF Any person:
there shall DO Included all income ucnSeu lfoni any
| kind OF property, rents. interest received or accrueu
upon allnotes, bonds. and MORTGAGES, orotneI ioI,nr;
| OF Indebtedness bearing interest. whether paid or nor
or other securities of the United States, and thc
amount OF all premium on gold anu coupons, WV
gains, profits. and Income ofany busineka, pioisS,En
irnIo' employment, once, or vocation; lnciudlne
any amount received as salary or pay for ser'icesin
the civil, military. naval, or other service OF me
United states, or as senator. REPRESENTATIVE OF nsie,
eatc in Congress: except that portion thereof rom
which, under authority or acts oil Congress previous
hereto, q tax Of bvc per ccntnm shhl nave Oen
nroats. whether divided or not, OF all companies or
| partnerships. but not including the amount received
from uny corporations whose officers. as authorized
by law, withhold any paw as taxes a per centum o,
tho dividends made, and Of Interest or coupons paid
BY such corporations: profits realized within ths
| year from sales OF real estate purchased Within tw9
years previous TO the year for which Income lhchu'
matcdI the amount Of gales or live STOCK, sugar,
| wool, butter. cheese. pork. boef. mutton, or oInc
| meats, hay and grain. fruits, vegetables. OF otner pro,
| ductIons, being the growth or produce oithe estate OF
| such person. but not including any part thereon CON
sumed directly by the family; AMI all other gAlns'
profits, and income drawn from any source whatever,
| but not Including the rental value Of the honlesteau
used or occupied by any person, or oy Ms iam'S'
SEc. q. dsd be Il further taaetsd, That military OF
| naval nen,iOns Above 10 any person under the laws
| OF tho United States, and the sum OF Two tnoutano
| doilars OF the gains, profits, and income OF any per
Fon, shall be exempt from said income %h,in
tho manner hereinafter provided. Only one oedneI
ton oftwo thousand dollars shaI oe m1ne ,IV n,mi n
composed OF one or both parents ana one Or n,ofe
| minor children, or Of husband and wltel Dut Snen
wife has by law q separate income. beyond tne eon.
troll OF her husband. and 10 living separate AMI apart
iromhim, such deduction shall then be aderomne
;ncome' gains, and profits; and guardians and trut
tncs shalI be allowed to make the deduction In iavof
~ each ward or beneficiary except that IN easeo
Two or more wards OF benenciares eomprised IN one
family. having Joint propsrty interest %ny no. ons n ue.
nose OF allowing said deduction from ne income OF
NV religious or social community holding al their
nronerty and tho income therefrom Jointly ana IN
Common, each nve OF the persons COMPOSING such
Such persons less than nye over such groups
~ ave shall be held to constitute a family.
and a deduction Of two thousand dollars
snail DO allowed for each OF said families.
Any taxes on the incomes. gain, and profits Of such
Collected according 70 this provision. except thitthe
deduction shall be only one thousand dollars for any
year prior to eighteen hundred and seventy. Ns.g.