Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-09
TPublIc-So. l64.)
AN ACT TO reduce Internal taxes. and for other
purposes.
Approved. July II. 1870.

Be il enacted byths Senate dnd Home q Reprasnta,
dives Of tie United Gats Of America in Con0r"'
auembiea
That on and after the nrst lay Of May, elShtee1
hundred and seventy-one. the special taxes imposed
BY the seventy.ninlh section Of the act entitled An
act 10 provide internal revenue 10 support the gov.
ernnent. TO pay Interest on 'h 1ep pS0 .Sir dSot eiISteen
hundred and sIxty'four, a amended ny see,rom nine
Of the Internal revenue act approved July thirteen,
eigetecn hundred and sixty;sik. ana as amS snnTav ~
March two, eighteen hundred ani slHty-sevSni W
anil the same are hereby. rcnealcd; but thisa ct ennii
az on brewers imposed BY said section, or the spec.
iaItaxcs imposed by the act approved July twenty,
eighteen hundred and sixty-cight. ehtitea ~ ~
for other purposes" or the acts amendatory thereo'.
Sic. :. And Ls IL further sndeted. That on and
AFTER the nrst day Of October. eighteen nundrea aha
seventy. the several taxes on saiss imposea ~ az
ccpting such taxes oil sales A. arc by existing law
paid BY stamps, and the taxes on sales OF leai ZODIAC
CO. Manufactured tobacco. inun. elsars. noSSt 4 aug y
act, approved July twenty. eighteen hundred sho
.iXtyeisht. and acts amendatory thereof. De- ana inc
same are hereby, repealed. .
SEC. ,. And be IL further enacttd., That on ana
after ths hftt DAY OF October, eighteen hundred aud
seventy, the taxes imposed by the Internal revenue
laws, now IN force. herein specified. 10, and ths SAME
are hereby, repealed, namely: OH articles W scne1uIe
A: inc spccIai tax OH boats. barges and nas; on lega'
cies anu SUGGESTIONS; on passports; ana on srossIe'
eclpts.
SEC. 4. And be- H. further 1Iaeied' Th.ton and stsr
the tirst day ofUctOber eighteen hundred ana eveuty,
the stamp tax imposed In schedule b on promissory
notes ior . less sum than one hunLred dollars. and on
receipts for any sum oInionsy, Ur !. 4 IN peSsaSIs G
on canned and preserved nsh, be, ana lne tanle nne
hereby, repealed. Aud no stamp shan DC REQUIRED
upon tne t,nus..n a. sncnrcs In, hccn once duly
s y And The proprietor or proprietors Of ar
uSiys W., /, ~ ~ ~ 6c.icn fSr stn,nps 10 be used cs-
or tnslr 4mn ~ y g = ~ ,h.Ir n~n nronrierory articles, shall
be allowed the following commissions; nancy; am IN
Gn,ounts n'ara., ran i've hundred dollars, ave per
uolats nor n'ot' annnn,s ovsr Ave hundred dollars,
ten per crntum on inc Tnoe nV.,chps ami ri.
ITor'men, tna. W. y n'Nv hc rrmoyrd from
Sa!s ISIS, ~ mo,nnS,c,nrs }or cxnort 10 A foreign
Country % without payment Of tax, or afnxing stamps
tuun,S ,'rIcr ,Heh r,i.s and rrcnlations as The Com.
n'I,sIS,,.r M internal Reyenue may prescribe; and
Iii nro,islor, ornxIsiInv lava inconsistcnt herewith
are hereby repealed.
SEC. >. dhd &c JMrtnT en,nnoo'os; .ni;t,sJ "In
one hundred anu nlly,elsnto tns az n, ,Ss rny.
ernmeit, 10 pay interest Oh the public debt, and ior
!other purposes, apPIoNeu ouly sh..2, = nIns
hundred and siSty.ionr, an anSnura y \ gs,y thIr,scn'
Of the Internal revenue act, approved Ju'y 'h,I.ss.'
eighteen hundred and siSty'slx, De, anu ID heteo.i
amended by striking out The words nily aouAls
In the second pr9vlso, anu lnssrtinS IN hsu .nt rtry
the following; double the ninous oi taS Ienaln,nS
unpaid, but In no cas"'".s IMAM nve aolIaiS, aiso;
by striking out the words ..'sXty:six' In tho third
provisO. and Insert ng In lel thereof the woius
'seventy.one; also, w. sI.iking outline WORDS sixty
scvei.' In the last pr0viSo, alIu inserting In lieu there-
OF the words "scvenIytwo."
src a Audbr n further enacfsd. That here shall
yidej' Tor thc Years eighteen hundred and seventy
md cIrbtssn h,nLrad seyonty-onp. and no LONGER, q
ssT n two and oncsheIf nrr ccntuni upon the gains
nront, and income Of every person residing In the
p!nIieI States and OF every Citizen OF the United
States residing abroad, derived nom any source
sDhs,svcr Whether within or without the United
states. except as hereinafter provided, and a Ike tax
ANNUALLY upon the gains. profits. and Income derived
from any business. trade, or profession carried on I'd
the United states, ana n0 10 M I!niird STATES oSned
rents Of real estate, within ine Iniseu Esu.sd S,.tss
by any person residing without 'ns eh'eu e'""''
Gro 7 And be Il further snaeisd: That in esti'
r,s,inv The Gains. profits, and Income OF any person.
there shnlI be Included all Income derived from any
kind OF property, rents, Interest received or accrued
upon ali notes, bonds. and mortGaGes. Or other forms;
OF indebtedness bearing Interest, whether paio OF hot
IL g0od and cOllectable. Interest upon noIes, gonas,
or other securities Of the United states, and tne
SaIHs. profits. and Income ofany business. profession.
trade. employment, ofnce, or voeation; lnsiuoing
any amount received as salary or pay ior tervieesln
g., 5ts,, s.y! si. m,ilt or . n SENATOR 81 re TaRss sii,Ss or r. dele:
gate In Congress: except that pSTnon .nereo. .t ion,
which, under authority oiaeu OF ConSrSss previous
hereto, u tax OF nvo per eentum snnn nave oeeI
profits, whether divided or not, Of companies OF
partnerships. but not including the amount received
from any corporations whose ofeers. as sutnorlzed
b, LAW 1YyIS StsasG %ad any sp SI of as ssSs or = pei sou ssasup psi ii
BY such corporations; p,otn reSliaeL wlinin INC
year from sales Of real estate putenased Wltnin IVY
years previous 10 me year iSI %niSn inSo%e is ssH'
wool. butter. cheese. pork, beef. mutton. or other
meats, hay and Rrain, fruit, vegetables. Or other pro.