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More Fun Tax Facts

|Founder · DE · Admitted in Pennsylvania, New Jersey, New York|August 24, 2017|1 min read

-When Roosevelt raised the top tax rate to 79% for people making more than $5 million in 1935, the only person it applied to was John D. Rockefeller.

-A cult leader deeded 600 acres of land to “God” in 1864, but the State of Pennsylvania took back the land because “God” didn’t pay his property taxes.

-The US has a law that importing toys resembling humans are taxed higher than those who don’t.  Marvel Toys went to court and argued that X-Men action figures should be taxed lower because they are actually mutants.  The court agreed with Marvel.

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-The citizens in the town of Ulysses, Kansas moved their whole city, including all the buildings in 1909 because of exorbitant property taxes.

-The US Tax Code is four times longer than the complete works of Shakespeare.

-In South Carolina, couples who sit through a minimum of six hours with a licensed pre-marriage professional or clergy training in premarital preparation can take a $50 tax credit if they file jointly once they are married.

Gregory McCauley, Esq.

About the Author

Gregory McCauley, Esq.

Founder · DE · Admitted in Pennsylvania, New Jersey, New York

For more than three decades, Gregory McCauley has been a trusted advocate for clients facing civil and criminal tax challenges. As the founder of McCauley Law Offices in Chadds Ford, Pennsylvania, Gregory has built a national practice that represents individuals, families, professionals, and closely...

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