Shenandoah herald. [volume] (Woodstock, Va.) 1865-1974, 1872-03-07

TnE Tax BILL. Taxes affect all
classes Of the community to greater Or
lers extent, and the following synopsis Of
the Tax hill as reported BY the Finance
Committee Of the Two Houses Of the
General Assembly, will be read with in
ferest.
The rate upon hnds aud lots. personal
property. chooses in action. toll bridges
and ferries, increase derived from interest
on profits in excess of 81 600 on real aud
personal property ofrallroad, telegraph.
canal, express, transportation, steamboat
aud stage companies, ferry and bridg e
companies. capital stock and assests Of
all insurance companies located and doing
business in this State, fifty cents in the
hundred dollars value thereof one fifth OF
the proceeds Of the taxes on real and per-
sonal estate is to be devoted to the pub
lie free schools. Upon gross earnings of
each railroad and canal company and on
the amount Of all interest paid or paya--
BILE and all dividends declared one half OF
one per cent on net earnings of each ex-
press or transportation company one half
per cent on net income of insurance
companies. in excess of 81 900. so cents
on each 500 value thereof; on assess
ments collected and premiums received
by foreign insurance companies one-half
per cent on net earnings of telegraph
companies in excess of $1,000 ,one-hall
per cent. On probate Of every will, &c
500 when the amount conveyed is not 10
excess of$1, coo and for every additional
500, sor traction thereof 10 GEMS. Tax
{ n liquor Merchants. Retail, $50 and il
the license shah include the additional
privilege contained in section 80 assess
ment act and additional tax on sales I'm
der 81 ,000sS5 under 81 900 $1,000 ;
under So coo $500 thder IS 900
$40, under IS, 900 $35; nnder $4,000
$45; under SIS, 900 $50; under $25 900
$40; under $S5, 1000 $s5; under $50
900 500; and flower $50 900 S. for
every $40, Geo excess over $50 600.
On every commission merchant S35.
and tax OF 9 per cent. on the amount
of comm issions on sample mershan is
500, and and sample merchant per-
uniting any one else to sell under bis
license shall pay fine of $50. for each
offense Oh peddlers $50; on barters o.
patent rights S225. on land agents S25; 90
book agents $40; sale of featured
| articles or machincries of other States or
Terri oriies $50, with permission to sell
in any county; general auctioners $40.
and 81, additional for every thousand
inhabitants above 5000, population oil
the town where she business is conducted
aud an additional tax of one quarter per
cent If be sells coins, ardent spirits, mall
liquors, Nc, one hal per per cent real
estate auctloneers $50, and if the place oil
business is city CT town containing when
assessed population exceeding 5 600 in
habitants 500. and additional tax OF one
fourth per cent. on amount of sa les
tobacco auclioncer $50. Pawnbroker
S250;on II. snufa,ture of srlcut. spirits and
liquors 500; malt liquors $50; on re-
ctlted sou; and additional tax of Que
cent per gallon for each gallon of dis
| llled spirits or wines SO rectifed on
attorneys. physicians, surgeons, dentists
$40, daguerrean artist $40; if dung
business IN place of under 10000 in.
habtants $50 il more than 20 900 in
babitants 500; for Labor Agents $25.
Upon every male person over the agt
OF q years not exempt from taxation toI
body infrmi'y 81 ,00-one fifth to 60 tt
school purposes.
These are the principal items in thu
| bill, but there is supplementary bill
which includes new stamp act ant
reaches some subjects never here tofor'
reached -..-.--