Extremely high taxes ($5.85/pack) have made New York City the cigarette smuggling capital of America. 57% of cigarettes consumed are smuggled, usually from Virginia or North Carolina.
taxes
In 2016 one ultra rich individual…
In 2016 one ultra rich individual moved from New Jersey to Florida and put the entire state budget of New Jersey at risk due to no longer paying state taxes.
In 1696, William III…
In 1696, William III introduced a tax which required those living in houses with more than 6 windows to pay a levy.To avoid this, house owners would brick up all windows except 6. As the bricked-up windows prevented rooms from receiving any sunlight, the tax was known as daylight robbery.
Rep. Ed Orcutt suggested…
Rep. Ed Orcutt suggested a CO₂ tax for cyclists/bikers because “they exercise and breathe hard and therefore exhale more CO₂”, claiming biking is bad for the environment.
Hitler was a chronic tax evader, and was even…
Hitler was a chronic tax evader, and was even fined by his own government over it in 1934. He then got the tax department to declare him exempt from taxation.
A man in Charlotte, North Carolina spent $1,200 to convert…
A man in Charlotte, North Carolina spent $1,200 to convert his diesel car to run on vegetable oil. He was fined $1,000 by the state for not paying gasoline taxes, and told he would need to post a $2,500 bond before using the oil.
H&R Block once discovered that their own…
H&R Block once discovered that their own taxes were too complex for them to manage.
IKEA is legally a “nonprofit” organization…
IKEA is legally a “nonprofit” organization — a designation which dramatically reduces its tax burden — despite reported global sales of €26bn (≈$28B) annually.
President Nixon, after many years of refusing…
President Nixon, after many years of refusing to release his tax returns for review, said “People have got to know whether or not their president is a crook. Well, I am not a crook.” After the investigation, he was forced to pay $465,000 in back taxes he owed.
Franklin D Roosevelt called for a maximum…
Franklin D Roosevelt called for a maximum wage of $25,000 (about $365,000 in today’s money) and 100% tax on all earnings above that.