Taxes may sounds like the pits to most people, but there is actually a rich history behind the subject that many don’t know about, including some very interesting facts that almost no one has heard of before. Here are a few things you can bring up at your next social gathering:
- If someone reports their company for tax evasion in the U.S., he or she will receive 30% of the amount collected.
- The federal tax code was 400 pages in 1913. In 2010 it was 70,000 pages.
- Everyone who earns a paycheck pays a federal income tax. Forty-three of the 50 states charge their citizens an income tax. The seven states that do not have a state income tax are Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming.
- There are several types of taxes, including income, Social Security, sales, property, and excise taxes.
- Excise taxes are also called “sin taxes.” They are taxes on alcohol, tobacco, and gambling.
- Roman emperor Vespasian placed a tax on urine in the 1st century A.D. Urine at that time was collected and used as a source of ammonia for tanning hides and laundering garments.
- Russian Emperor Peter the Great placed a tax on beards in 1705. He hoped that the tax would encourage men to have a clean-shaven look that was popular in Western Europe.
- Over 1 million accountants are hired each year in America to help with taxes.
- England has a tax on televisions. Color TVs are taxed more than black-and-white TVs. However, if a blind person has a television, he or she has to pay only half the tax.
- Texas has a “pole tax” which is a tax on strip clubs, peep shows, and nude dancing. The revenue from the tax goes to sexual assault victims and health insurance for the poor.
Here’s an extra one for the road:
In 2007, the IRS reported that 99,316,995 taxpayers called, wrote, or walked into an IRS office for help. That is roughly 1 in 3 Americans.
Facts courtesy of randomhistory.com
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