The Valley Virginian. [volume] (Staunton, Va.) 1865-1895, 1876-02-17
The New Tax Bill.

Judge Crump, Chairman of the House Fl
nance Committee, reported, on last Thursday,
the tax bill for 1861. The Enquirer of Satur-
day last, makes the following mention of the
changes it effects as compared with the tax bill
of 1886:
The new bill proposes to tax all real estate
and buildings used as churches or places OF
divine worship, over $1,000 in value; also all
property belonging to counties, cities and
towns not nsed for courthouse, clerks Office,
Jail. or poorhonse purposes, all real estate owned
by Masonic Odd Fellows, and other like be-
nevolent associations, whether the proceeds
are devoted for charitable purposes or not. 1t
kes the taxes on real estate for the current
year q lien upon the rents in the hands OF the
tenant, whether reserved in kind or money.
1t makes it the duty Of the Judge OF the Pro-
bate Court to examine all wills admitted to
probate, and inform the clerks what tax the
estate devised by the will is subject to. 1t inn
poses tax OH machinery and fixtures as per-
sonal property, where the machinery and fix
lures placed upon real estate arc The property
of one person, and the real estate is the pro-
perry Of another. 1t makes it the dllsy Of the
courts to give grand juries special charge in
relation to false returns OF personal property
| listed for taxation. 1t aboisheS tile provision
requiring capitation tax to be paid in money
and kept separate from general tax. 1t changes
the mode of as: essng tax upon toll bridges,
turnpikes. and ferres-they are to be assessed
and taxed as other real estate, and not estimate
ed at n times their annual rent as heretofore.
1t increases the tax upon deeds OF trust and
mortgages executed by railroads and other
companies Heretofore the tax in no case ex-
ceeded 50. OOO it is now graduated by the amount
of the debt secured. Undert merchants pay
4 license tax for the privilege Of transacting
business in this State, to tie graduated by the
amount OF purchases made by him during The
period for which his license is granted, places
huxteys on the same footing with merchants,
allows a merchant retiring from business to-
have his stock on hand assessed as purchases
and the tax to be proportioned according to
the length of time the license has to run.
The law is so changed as to require certificate
from the county or corporation court to obtain
license to sell by retail, which license privileges
the party licensed to sell to be drank where sold
also. License to be drank where sold cannot
be obtained separate from lieense to sell by
retail. Liquor merchants must report the guam
tity of liquor sold by them twice a year, on
the first Of May and November, Gnstead Of
four times year, as heretofore), and 1.-The fails
to make his report he thereby forfets his il
cense absolutely. On a license to sell by retail
(including the privilege to sell to be drank
where SOLD the specific tax is 800. The tax
turcrs Of wines from grapes are exempted
from tax. Manufacturers of brandy from
fruits are exempted from tax to the amount
OF forty gallons.
The tax on ordlnaries in the counties and
in towns of less than 1000 inhabitants is $50;
and in towns OF 1900 inhabitants ard over,
500, with az additional tax of per cent OH
the first thousand, per cent. on the second
thousand, and 3 per cent on all over two
Thousand dollars annual rent. Lectures and
literary readings are exempted from taxation.
BARRIERS in the country and in towns Of less
than 1900 inhabitants, are taxed s.. with an
additional tax of $3.50 for each assistant; in
towns Of 1000 Inhabitants and over they are
taxed $40, and an additional tax of S. for each
assistant. The tax ON lawyers, where they
have not practieed more than years, is SIS !;
and where they hayo practiced over years,
it is s25. The tax OH Livery stables in the
county and in towns Of less than 2, 900 iilllabi-
tants, is S15; and in towns aud cities of
more than 2, 900 inhabitants, the tax is $40, with
Ell additional tax of 80 ceuts for aeli stall.
The tax on licenses for the privilege of sell
ing horses, mules, cattle, sheep, hogs, auc
tioneers are authorized to negotiate loans upon
real estate upon the payment, &C., is raised
from $50 to s25. Real estate OF any additional
tax OF $50. Stock brokers and private bankers
with Il capital of over $40, 600 and under $780,
600 are faxed $3.50 with an additional tax Of
s. per 1000 for every 81, 0G0 i'll excess of $780,,
900.