Happy Tax Day, everyone!April 18, 2023
In light of the deadline, here are a few fun tax facts:
- In 1696, England imposed a tax on windows to extract more revenue from the wealthy (whose houses had more windows). But all it did was incentivize fewer windows in homes and public health deteriorated from the lack of ventilation.
- People 100 years old and older in New Mexico are exempt from the state’s income tax.
- In 2009, local officials in China’s Hubei province were required to smoke more cigarettes to boost sales tax collections. They were fined if they didn’t hit their targets.