McCormick messenger. (McCormick, S.C.) 1902-current, May 01, 1930, Image 7
Thursday, May 1, 4 1930
MCCORMICK MESSENGER MrCORMICK, South Carotins.
Page NuinKer Scve<
New Taxes Soon
To Take Effect
LEVIES ON RADIO SETS, MALT
EXTRACTS, SLOT MACHINES,
ETC., OPERATIVE
Matters of taxation occupied
much of the time pf the 1930 ses
sion of the general assembly of
.South Carolina and various rev
enue measures were passed, some
of these measures being entirely
new and other changes in or ad
ditions to revenue laws already in
effect.
The revenue measures affecting
citizens generally were:
Tax on radio receiving sets; on
malt extracts; tightening up of
documentary stamp law; tax on
vending machines; on chain
stores; on incomes.
The Radio Set Tax
The tax on radio receiving sets,
which of course does not apply to
dealers in such sets, provides that
persons owning sets costing less
than $50 shall pay a tax of 50
cents annually; sets costing from
$50 to $200. a tax of $1; sets cost
ing from $200 to $500, a tax of $2;
sets costing over $500, tax of $2.50.
This year, the radio tax is to be
paid within 60 days after the pass
age of the act, March 31. Any one
purchasing a set after March 31
is to pay the tax to the state tax
commission within 60 days.
After this year, the radio tax is-
to be paid in January and Feb
ruary. The tax does not apply to
sets owned by disabled persons or
persons in prison. The money
from this tax goes, not into the
general fund, but to the state tu
berculosis camp at State Park.
On Malt Extracts
The tax on malt extracts, used
for purposes other than baking, is
ten cents per pound, the tax to be
paid by the person first receiving
it, be he wholesaler or retailer.
The tax is indicated by the plac
ing of a stamp on each individual
package.
The tax is immediately effective.
Documentary Stamp Tax
The present stamp tax law was
amended. Under the former stamp
tax law, the clerk of court was re
quired to report the namp and ad
dress of a person recording a
document that was without
stamps.
The law as amended prohibits
the clerk from recording the docu
ment unless the stamps are affix
ed.
The true, full and complete con
sideration is required to be shown
in all deeds, or a statement, show
ing the full consideration, is re
quired to be filed with the clerk.
Persons failing to set forth the full
consideration—this applying to
grantor and grantee—are liable to
a fine of $100. However, should
a deed be recorded without the
stamps, the validity of the title is
in no way affected.
Tax on Boxed Candies
PIANO
—BY—
Pupils Of The
Washington Consolidated High School
Evelyn Bobo, Teacher
FRIDAY EVENING AT .8:15
MAY 2, 1930
HIGH SCHOOL AUDITORIUM
Stars are Brightly Shining—(Chorus) Emil Bronte
HIGH SCHOOL GIRLS
Floating Along* From “Music Play”
ELIZABETH SELF
Airy Fairies Geo. L. Spaulding
DAISY PARKS
March of The Classes—(Duet) M. L. Preston
MARY NEOMA ECKARD and CLAIRE RICK
Pink Domino Pierre Renard
GLENN SELF
A Musical Reading “The Usual Way”
MARIE GILCHRIST
In Endless Mischief J. S. Fearis
CLAIRE RICH
Twilight Song Frederick N. Shackley
MARY NEOMA ECKARD
Little Gypsy Song—(Duet) Leopold J. Beer
MILDRED BLACKWELL and EVELYN BLACKWELL
Think, ol Me—(Waltz) H. Necke
MARIE GILCHRIST
A Reading “Parental Discipline”
GLENN SELF
Purple Twilight H. D. Hewitt
EUNICE STONE
Waltz of the Flower Fairies Marie Crosby
EVELYN BLACKWELL
A Twilight Idyl—(Trio) P. A. Schnecker
MARY F. DRENNAN, JOYCE BRIDGES, JOSEPHINE PARKS
Fairy Voices H. D. Hewitt
LOIS STONE
Fields In May M. L. Preston
MILDRED BLACKWELL
A Reading “I Ain’t Goin’ to Cry No More”
MARIE GILCHRIST
Twilight* Visions Walter Rolfe
JOYCE BRIDGES
/
Our School Band March—(Duet) Walter Rolfe
LOIS STONE and EUNICE STONE
Dance of the Rosebuds — Frederick Keats
i LOUISE CASSELS
On the Lake Frederick Williams
JOSEPHINE PARKS
Gipsy Dance—(Duet) George W. Hunt
BLANCHE MIDDLETON and ALICE BUNCH
Melody of Love H. Engelmann
MARY FRANCES DRENNAN
Over Hill and Dale—(Trio) H. Engelmann
LOUISE CASSELS, ALICE BUNCH, BLANCHE MIDDLETON
A Musical Reading “Counting Daisy Petals”
JOSEPHINE PARKS
Dance of the Sunflowers Pauline B. Story
ALICE BUNCH
The Swallows G. Bachmann
BLANCHE MIDDLETON
Lullaby Moon—(Chorus). Anna W. Brown
HIGH SCHOOL GIRLS
! the first store shall pay a tax of ticulars :
The former tax on candies was ; $5; the second, $10; the third, $15, »The rates, after deducting ex-
applicable to boxed candies cost
ing 80 cepts and above. This law
as amended this year, applies to
boxed candies selling at 50 cents
and above, the tax being one cent
for each ten cents above 50 cents.
This law was also amended so
as to require stamps on cigars in
boxes of 20 or more and on chew
ing tobacco in packages of two
pounds or more, these to be can
celled with a rubber stamp carry
ing the firm name of the concern
doing the cancelling, a part of the
stamp to be placed on the revenue
stamp and a part of the package.
up to $8,000, four per cent.
“On the excess above $8,000, five
—and so on, the tax increasing $5 emptions for individuals under
for each store up to the 30th, the amended act, are as follows:
which shall pay a tax of $150, and : “On the excess over the amount
all other stores above the 30th, legally exempted up to $2,000, one
$150 each. per cent.
The tax is not applicable to | “On the excess above $2,000 and
stores in unincorporated towns, j up to $4,000 ,two per cent.
The tax this year is to be paid be- ; “On the excess above $4,000 and
fore June 30, 1930. In subsequent up to $6,000, three per cent,
years, the tax is to be paid before ,. 0n the b
April 1.
The Income Tax
The present income tax law was p er ce nt.
amended in several particulars, j Gives Credit
, ^ The ' Iate ta5f commission save « The ac t was a i so amended so
Heretofore the stamps were left ou * ' le statement with as ^ p r0 vide that, whenever a
intact. j reference to this particular rev- i taxpayer other than a resident of
This measure also authorizes the ' nue ;neasuie - the state has become liable to in
refund of taxes paid on milk “The income tax act of 1926 was,come tax to the state v/here he
drinks sold to schools and dispens-i am ended, in so far as it related to resides upon his net income for
ed on school premises to pupils, steam cr electric railroads, navi- the taxable year, derived from
and further provides that whole- i gation companies, waterworks sources within this state and sub-
salers are to stamp their soft' companies, light and gas compan- j e ct to taxation under this article,
drink syrup within 72 hours after ies - power companies, telephone the South Carolina tax commission
receiving it. Heretofore they have and telegraph companies, and oth- shall credit the amount of income
not stamped the syrup they sell. er forms of public service, so as to tax payable by him under this
On Vending Machines levy the tax upon the net operat- : article with such proportion of the
Vending machines are to con- in 8 income of such concerns com- tax so payable by him to the state
tribute to the support of the state putec hi accordance with the where he resides as his income
government thiiT year. : present interstate commerce com- subject to taxation under this ar-
The measure passed this year i m ^ ss * on standard classification of tide bears to his entire income
provides that such machines shall | accounts, whether or not such upon which the tax so payable to
be taxed as follows: ( company is required to keep rec- such other state was imposed: pro-
May Farm Calendar
rHINGS THAT SHOULD BE DONE
THIS MONTH
Agronomy
Join the five-acre cotton contest.
Chop cotton to leave 20,000 or
more plants per acre.
Side-dress cotton immediately
after chopping with 50 pounds of
soluble nitrogen material, addi
tional applications to be made lat
er.
Have ready sufficient cowpeas,
soybeans, or velvet beans to plant
all grain stubble.
Side-dress early corn with sol-
oble nitrogen material.
Horticulture
Sow cabbage and collard seed
about May 15 for transplanting in
August.
Plant tomato seed for trans
planting in July.
Cultivate the garden frequently
to save moisture and kill weeds.
Plant watermelons, cantelouped,
and cucumbers in early May.
Apply nitrate of soda to garden
crops if not growing well.
Mulch tomatoes heavily with
straw or leaves to hold moisture
and prolong fruiting.
Plant Diseases
Apply orchard spray in time.
Destroy “June drop” peaches to
reduce brown rot, etc.
Start spraying melons and cu
cumbers when vines begin to run.
Discard sweet potato plants with
black shanks or other disease signs.
Use home-grown plants to avoid
new diseases. Be sure bought
plants meet Crop Pest Commission
regulations.
Dust roses with sulphur to pre
vent mildew.
Spray or dust Irish potatoes at
first signs of late-blight.
Agricultural Engineering
Have disks on harrow sharp and
properly set for cutting in cover
crops.
The spike-tooth harrow or rotary
hoe can be used to advantage in
breaking crust on stiff land.
Any row crop can be sided with
two-horse cultivators. Use disks
or small sweep on each side of
plants.
Order repairs and get grain
binder ready for grain harvest.
The combine harvester-thresher
is a great labor saver where acre
age will justify purchase.
Animal Husbandry
Wean pigs at eight weeks, and
put them on areas not infested
with parasites.
Feed sows liberally a few days
before breeding.
Breed sows about May 15.
Keep grain before spring lambs.
Dip ewes just after shearing.
Lambs should also be dipped.
Make use of forage crops for
both sheep and swine.
Dairying
Use greater precaution in cool
ing all dairy products in order to
maintain good quality.
Mow pastures to destroy bitter
weed and wild onions and thicken
grass stand.
Feed heifers under a year old at
least two pounds of grain daily in
addition to pasture.
Destroy breeding places for flies.
Plan sufficient acreage of feed
crops for next winter.
Poultry
Keep mash before laying hens.
Spot the non-producers and cull.;
Keep brooder houses and equip- !
ment clean.
Select cockerels from growing j
chicks.
Examine birds for lice and mites.
-X-
Cook green vegetables just as
short a time as possible and cook
them in an open kettle to help 1
keep their fresh green color.
ords according to the .standard V ided, that such credit shall be
classification of accounts of the allowed only if the laws of said
Automatic music machines, $15. 1 interstate commerce commission, state grant a substantially similar
Stamp selling machines operat- The amendment follows the act of credit to residents of this state
Weighing machines, $2.
Chewing gum machines, $7.50
ed for profit, $2.50.
1926
and allows a deduction for subjects to income tax upon the
All other vending machines, uncollectible revenue and taxes personal income of its residents
$7.50. paid in this state. The amend- derived from sources in this state
This revenue measure is already men ‘ applies to all income earned an d exempt from taxation the per-
cffective. or ocerued on and after January scmal incomes of residents of this
On Chain Stores state. No credit shall be allowed
The so-called chain store bill, : The income tax act of 1926 was against the amount of the tax on
though it affects all stores as further amended, effective Janu- any income taxable under this nr-
as the chain stores, provides that , ary 1, 1930, in the following par- tide which is exempt from taxa
tion under the laws of such other
state.
Rate On Corporations
“The rate on corporations was
increased from four to four and
one-half per cent and provided
that the amount of tax shall not
be less than would be produced by
applying a rate of 2 per centum to
a base consisting of the entire net
income plus salaries and other
compensation paid to all elected
and appointed officers, and to any
stockholder owning in excess of 5
per centum of the issued capital
(stock of the corporation, and after
(deducting from the base S6.003 and
any deficit reported for the year.
“The personal exemption in the
lease of a single individual was de-
; creased from $1,500 to $1,200 and
a married individual from $2,500
to $2,200. The credit for depend
ents remains the same, $400.
“The personal exemption in the
case of a fiduciary is $1,200.”
IE IKE MESSENGER
DO YOUR
JOB _
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We are prepared to do various kinds
of job printing neatly and promptly
and solicit your orders for
Ruled Letterheads
i
Typewriter Letterheads (
Noteheads
Billheads
Statements i
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Visiting Cards ! ,
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Receipt Books
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Lumber Tallies
Notes
Chattel Mortgages
Crop Mortgages
And many other special forms of
printing or rule work.
Our prices are reasonable, and we
guarantee satisfaction on every piece
of work we do.
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McCORMICK, S. C.
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