The magazine of history with notes and queries (Vol. I, No. 5, May 1905)Various
History
The magazine of history with notes and queries (Vol. I, No. 5, May 1905)
Various
History -- Periodicals; United States -- History -- Periodicals
And other taxes as follows:
Crop liens 33⅓%
Hoarded money 1%
Jewelry, plate, furniture ½%
Goods sold at auction 10%
Imports 2%
Insurance premiums (companies not chartered by State) 2%
Playing cards, pack $1 00
Gold watches, each 1 00
Gold chains, silver watches, clocks 50
Articles raffled off 10%
Legacies, profits and sales, incomes 5%
Profits of Confederate Contractors 10%
Wages of Confederate officials 10%
Race tracks 10%
Billiard tables, each $150 00
Bagatelle 20 00
Ten-pin alleys, each 40 00
Readings and Lectures, each 4 00
Peddler 100 00
“Spirit rapper,” per day 500 00
Saloon Keeper $40 to 150 00
Daguerreotypist 10 to 100 00
Slave trader, for each slave offered for sale 20 00
In 1863 a tax of 37½% was laid on Confederate and State bonds not in the
hands of the original purchasers;[7] 7½% was levied on profits of
banking, railroad companies, and on evidence of debt; 5% on other
profits not included in the act of the year before. The tax on gold and
silver was to be paid in gold and silver; on bank notes, in notes; on
bonds, in coupons.[8] In December 1864, the taxes levied by the laws of
1862 and 1863 were increased by 33⅓%. Taxes on gold and silver were to
be paid in kind or in currency at its market value.[9] This was the last
tax levied by the State under Confederate rule. From these taxes the
State government was largely supplied.
A number of special laws were passed to enable the county authorities to
levy taxes-in-kind or to levy a certain amount in addition to the State
tax, for the use of the county. The taxes levied by the State did not
bear heavily upon the majority of the people, as nearly all, except the
well-to-do and especially the slave owners, were exempt. The constant
depreciation of the currency acted, of course, as a tax on the wage
earners and salaried classes and on those whose income was derived from
government securities.
Public-domain text, read in full here on John Shaqi.
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