Report Of The Commissioner Of Interna-revenue
The report of th o CominisMoner of Interual Itovenue is an interesting document. The Coramissioner speaks in favorable terina of the pfetienèe of the peiplo uuder tho burdens of taxiitiön, and sliovvs from statitics thut tho aggrogiito rcceipts havo ioivtho past fiscal ytfar beun lurgoly -above those of the previnus y;:ar. The following statement exhibito the amount of receipts from internul revenue for thu pust llireu years : Receipts for 1803, (ten mojiths,) $41,008,192; 1864, 1110 850,672; 1865, 8211,129,528. Tho Coriimisiíioner saya the a is taal cost of samenging and collecting tho in tefnal revenuo will amouut to tvvo aud three-quartors pur cent. of the reoeipts, The actual annual cosl for the olleotion of tho custi'ms amountg to throo aud ouo-lialf per cent. of the receipts, wliich is much below iho cost of colleeting tfed üustoiue iu Geat Britaiu. Auiong the articles froin whiuh the inlernal revenuo of. the Uuited States is derived, it may be ioloresting to enumérate the f'oüow0!5 : Bank dividends, 3,987,200 ; railroad dividends aud interest on bonds, $3,258,404; iusurunce ootnpanies, $1,726,100 ; salaries of persons einployed by tho Government, $2 836.333; rwenuestiinips, $11,162,302, being more than doublé tbat of the previous year ; licenses, $12,595,091 ; incouies $20,567,340, or about six millions more than iu 1864. Oí the iimount oollootod from incomes in 1803, $279,333 woro returned at five per ceüt. upon incomes above ton thoiisaud dollars, $172,770 at threo per cent upon iucomes of loss thau ten thoiisand dollars, and $3,637 upon inoomes fro.tn United States securilies, Of that collected in 1864, S0,9i:S.8.4 were roturneJ at üve per cent., $7,930,070 at threeper cent , Sud $75,373 at ono auil one half per cent. Of that collccted iu 1865, $801,941 were returned at ten per cent $9,034,748 at five per cent., $9,697,246 at three per cent., and $133,402 at ono and one-half per cent. The raceipts trom iron and steel, iu tho various forras speeifically nnnaed, were 19,219,713., or nearly six millions more than the previous year; from refined petroluuru u;d coal oii, $3,047,212, being an increase of ubout $800,000 over 1864; oigars, $8,069,448 ; tobaeco, $8,016,119; fermentad Jiqüors, $3,657,051; distilled spirits, $15,095,633, or noarly thirteeu miüions less than the previous pear. Tho reoeipts for the ourrent fiscal year are eatimated to reaob $ 72,000,000 or about sixty millions mero than last year. Tlio Cojnmiseïoner suggeeits au ülteration in tbe mode of ftppo'uiting nssistant assessors, and urges an inereaso in their oompeusiition, as well as in tbat of tho clerks employed in the Iiaierual Kevenue Bureau, Au additional allowauce for office reut is also recommeuded. The Colnmii!ioner suggosts soveral amendments in lel'atióu to stamp dutius, the duties of the Tax Commissionore, and other cliungos in tire aw, whereby doublful points can ba dufinitely settled.
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Old News
Michigan Argus