More Fun Tax Facts
-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.
-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.
About the Author
Gregory McCauley Jr., Esq.
Tax Attorney · Villanova University School of Law · Admitted in Delaware, New Jersey, United States Tax Court
Gregory McCauley Jr. is an experienced tax attorney who has personally represented more than 1,000 clients in matters ranging from civil tax controversy and IRS examinations to criminal tax defense, U.S. Tax Court litigation, and complex business disputes. His practice is built on a foundation his c...
