The gold leaf. [volume] (Henderson, N.C.) 1881-1911, 1905-02-23
RALEIGH LETTER.
what IS Doing in the LEGISLATURE
Draft of the Revenue Bill Is Pre-.
pared by the Joint Committee on Fl.
nance.
RALEIGH. N. G. Feb 0Otl

H., III.
The General Assembly began the Las,
three weeks of the session TO-DAY Inn
less it is extended for some extraordinar,
reason) with q great deal of the mos,
important work yet before it, including
the revenue and machinery act and tn.
| appropriation bills.
The joint committee on finance com
pleted the draft of the revenue bill the lat
ter part OF the week just passed and it j,
at this writing in the hands of the print
er. Copies will be ready for the lepisla
tors this week and it will doubtless bt
passed without consuming nearly &c
much time as in the last legislature. Fo,
1T ls largely q copy OF the existing law
though quite a number of amendments
have been made by the committee. Most
OF them, however, are not important.
Among the changes, in which the read.
ers OF this paper are interested, the fol
lowing are noted:
Ihe maximum tax on circuses is in.
creased from 5000 to $500 per day when
a menagerie is attached and price of ad
mission Gncluding a reserved seat) ex.
ceeds 70 cents; those that charge not ex-
ceeding Is cents and which carry more
than fifteen cars, 5000; less than fifteen
cars, 500. On all side shows $50.
The proceeds of leaf tobacco, cotton,
and other farm products are exempted
i'll the new bill from the tax on incomes
A tax OF $5 is imposed Tin sections }
on Oculists and opticians. At present
they are exempt.
Section 36, which levies a tax of 500
in every county on peddlers OF stoves,
ranges and clocks, is strengthened in an
effort to catch those that now sell "by
sample: and thus evade the law.
An additional tax Of $25 is imposed
on livery stable men when they engage
In the sale OF horses or mules also.
amendment to section A (peddlers, }
increases the;tax from $40 to $25 on ped
dlers on foot and from 500 to $50 on
those with horse, mule or OK, with or
without vehicle. This section is also
amended SO as to impose this tax on ped
dlers of drugs or medicines, evAn though
the articles they handle are OF their own
manufacture. x-Confederated soldiers
are exempted from the tax.
A tax OF rs is levied on persons who
do not pay the lawyers tax and who
write legal instruments for pay.
The tax on dealers in cotton futures
is increased one hundred per cent. or just
double the present tax. Under the new
law this tax will range from 5000 lin
towns of less than 5000 populatioD to
500 Gn cities with a population exceed
ing 15,0OO)
The purchase tax ON merchants in the
present law (section g. is stricken bodily
from the new bill About $50, 900 per
annum has been realized from the tax.
Merchants will continue to pay the priv
ilege tax, however, as heretofore, but will
pay no purchase tax hereafter
TO section 81 ''duties of sheriff Tin
cases OF violations of law when license
taxes are not paidD the following addi-
tional provision was added: Provided,
further, that the sheriff shall not be liable
for false arrest or for wrongfully levying
upon any property under this section,
unless it shall appear that the sheriff did
so maliciously,"
A new section suggested by the State
treasurer in reference to agents and 9TH
ers being required to produce the original
or duplicate of their licenses to the sheriff
of each county in which they offer to do
business, has been incorporated in the
revenue BILL
Assessment of Intangible