Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1870-09-30

De IL enacted Iyths Senate and Hon.t q Rsrrs.snta.
tirei ofthe United States q Amer'ea" c0n0r"'
assembled
That on and after the INST day Of May. sIgh,esG
hundred and scventy-one, the special taxes Imposed
BY the soventy.ninth section OF the act entitiod An
nct 10 provide Internal revenue to support the gov
e.nmcnt; to pay !1t SrnroS on INC GSP pSD ,Sif aso' e:is X
hundred and sixty-four, as amended by seetIon nine
or tho internal revenue act appfoSen July tltteS n
~cigeteen hundred AMI ~sixty:slx, anu a. alnended "
section two OF the internal revenue act apploTeu
March two, eighteen hundred and slxty-seVen, DC,
and the same are hereby, ~rencaled; but ihisa ct snhi,
tar on brewers imposed BY said section, or the spec
Ia taxes imposed by the act approved July twent!.
eighteen hundred and slxty-eight, entitled AZ hei
for other purposes" or the acts aucndatory thereof.
SEC. 2. And BE- u (rrthr enacted. That on ana
after the hnt day ofOctooer. eighteen huioreu sha
seventy, the several taxes on sales lnposeu oY Inn
centinr such taxes on sales ~ are by existing law
paid BY stamps, and the taxes on sales OF isst ZODIAC,
co, manufactured tobacco. snufi. cigars. loteisn any
domestic distilled spirits. and wines, Imposed DysAl1
act. approved July twenty. eighteen hundred and
sixty-eiglt. and acts amendatory thereof, be, ana the
same ao hereby. repealed. ,
SEC. 3. And be il ysrtkr sndeted,, That on and
nler the first day OF 0ctober. eighteen hundred ana
seventy. the taxes imposed by the internal fevcnue
laws, now In force. herein specified. be, and the same
arc hereby. repealed. namely: on articles m'S an iaS..
Giles and SUGGESTIONS; on passports; and on Srossre-
ceipts.
SIC. 4. And be il further enacted Thston and after
The stamp tax Imposed IN schedule i on promlssory
notes Tor 4 less sum than one hundred dollars, AMI on
receipts for an, sum oimonsy. or Tor the p c.asIs g q
on canned and preserved fish, be. and the same are
hereby, repealed. And no stamp shall be required
upon the transfer or asslGnment Oh niottgaSe sdd r,v
stamped. And the proprietor or proptetoIs o. ~.
ticlcs named In said scheduled, who shall iurlbn ns
or their own die or design for stamps TO DC nsea e.,
pccially for his or their own proprietary articles. snsIL
be allowed the following commissions, namely: un
amounts purchased 1T one time Of not le@ tlnn nlty
dollars nor NOR Than nye hundred GGl,ans; p aoll! per
ten per csntum on the whole amount purchased-
Proridtd, That lucifcr or friction matches, and Ct.
Inc place Of manufacture for export to a foreign
country without payment OF TAX. or hmSlng sts,nps
thereto, under such rules anil equations as sine Com,
missioner Of Internal Revenue may p~rescrlDc; am
ali provisions ofexistlng laws Inconsistent herewith
arc hereby repealed.
SEC. S. Avid be u Jurther enacted, That section
one hundred and nfy-eiSht or the act entitled An
act to provide internal revenue to support the gov.
eminent, TO pay interest on the public debt, ana ior
other purposes" approved July thirty, slsnteen
hundred and sixty.four. as anlsisied py sseilSn rlne
eighteen hundred and sixty-six, be, and 10 hereby,
amended by striking out the words "nn.y dollars
II IT. n. =3eIl sssGns P @GDnSic IL. tho a ,nsSrti1 y s a '' remaining Naming
unpaid, but In no case less than Ave dollars" also,
by striking out the words '!slxty.slX" In the thlu
P.S s y v. and ln sisai SS , ~ Gsa ou ,e the Words rds " TSiS.
sevct" In the last provlso. and inserting In lieu there
Of the words "seventy.two."
SEC. G, And Be 70 further enacted, That here shall
be levied and collected annually. as hereinafter pro.
yided, for the years eighteen hundred and seventy
and eighteen hundred sevonty-one, and no longer. Q
tax Of " and one-half per eentum upon the gains
PgT SIlsS s Ssa, irsS aTS OF Of e every p eiii.sn r Sf ise U u led
States residing abroad. derived nom any source
whatever, whether within or without the United
sratssI sH Gspn II tss eS ssIns, profit, and iincoa,s derived
from any business. trade, or profession carrier on IN
the United States by any person rsMdlng w WI trom
rents OF real estate within the United States owned
by any person residing without the United States
and not a citi, en- thereof.
Sec. 7. And b. 70 further rsdetsd: That In est
mating the gains, profu, and income OF any person.
there shall be included all Income derveu rom any
kind OF property, rents, Interest received Or acclueu
upOn all bonds, and mortgages, orother ioIms,
OF Indebtedness bearing interest. whether paid or moi
II good and collectable. interest upon notes. 1onas
or other securities Of me Gn 1nSS ,SI E conpon.. The
gains, pronts, and Income fanny business, professor.
trade. employment. once, or vocation; lneiualng
any any S eITiI. mIiitsry. naval, o. other service Of The
United States, or a. senator, representative or dele
gate In Congress: except that portion tnereoi iron,
hereto, a tax OF i've per centum shall have been
Withheld, the share or any person o. tho galnh and
profits, whether divided or not, OF all companies OF
Partnerships, but not Including the amount received
from any corporations whose ~oficcra. as authorized
by law, withhold any paw as taxes \ per centum OF
the dividends made, and ofintercst or coupons paid
by such corporations: profits realised within ths
year from saies Of real estate purchased within two
years previous to the year for which income Is esti
mated; the amount OF sales or live stock. sugar,
meats. hay and grain, fruits. vegetables. or other pro.
d~uclionS. being the growth OF produce oltho estate OF
such person. but not Including any part thereof con-
sumed directly BY the family; and an Other EMns'
profits, aud Income drawn from nylouree whatever,
but not intending the rental value Of the Homestead
used or occupied by any person, or by bis family.
Q SEC. 9. Asd 30 g. further enacted, That military or
naval uensions allowed toany person under the laws
Of the United States. and the sum OF two thousand
dollars Of the gains, prohts, and Income OF any per
son, shall be exempt nom said Income TAX, IN
the manner hereinafter provided. Only one dedue-
ton OF two thousand dollars shall be made from tno
Income Of all the member OF any family
composed OF ono or both parents and one or more
minor children. or ofhusband and wife; but when Q
wife has by law a separate income. beyond the con.
troll othcr husband. and !! living separate ana a2ar!
income. gains, and profits: and guardians and trut
shall be allowed 10 make the deduction In favor
Of each ward or beneficiary except that In case o.
duTtlon shall Be made In their favor. For. the pur
pose Of allowing aid deduction from the income Of
p ppsp Tslss'I and Z ne see slnoS SG@I sS.9sSo aS Josasl; - and df IL
common, each 1ye Of the pspons eomposln& such
society. and any remaining fpctional number Of
such persons less than nye over such goups
and a deduction Of two thousand dollars
shall Be lowed for each OF sAtd familes.
Any tsxes on the Incomes, Eains.a and pronao Of sueh
collected according 70 this providon. except thatths
deduction ihaii Be only one thousild donars for any
prior 70 eighteen hundred and eeysnty..
BIC; y ~ nGI.rfHr sssa' = ia ~ 1917