The tax imposed by this chapter shall be levied, collected and paid with respect to the salaries, wages, commissions and other compensation, and with respect to the net profits, of persons, businesses, professions or other activities earned from April 1, 1968, to and including the date of revocation of this chapter. As for lottery winnings and income derived from gaming, wagering, lotteries or schemes of chance but only when such amounts are equal to or exceed four million dollars ($4,000,000), the effective date of this amendment shall be July 12, 2004.
(Ord. 371-68. Passed 2-28-68; Ord. 57-04, passed 7-12-04.)