In the US, there are taxes that would have seemed unreasonable and absurd to a citizen of another country. For example, in the state of Alabama there is a tax on the Confederate Veterans, pertaining to the civil war that ended in 1865, the last participant had died several decades ago. Nevertheless, residents of the state are still paying this tax. It was put to support the low-income veterans living in Alabama Confederate Soldiers' Home. Note that this place was closed almost 80 years ago.
In New Hampshire there is no income tax, no sales tax, although in most American states there are both of them. Sometimes the tax is taken, but it is very low. At the same time in the state there are relatively high property taxes. New Hampshire is ranked third in the United States for the size of property taxes.
In Missouri, there is a bachelor tax. If a resident of the state doesn't get a wife at the age from 21 to 50 years, he will pay the tax. In Missouri, unmarried men are paid $1 per year. The onset of action of the law - the year 1820. At that time the cost of one dollar was equivalent to today's $20.
In South Carolina, there is a tax deduction for charity. A number of state enterprises engaged in processing meat, can get a tax deduction in the amount of $50, if, for example, they will process deer meat and give it to charity. As a result, the company will receive a deduction of $50 per carcass. When processing and subsequent donation of 20 carcasses tax amount is $1000, and the tax deduction - $250, or 25%.
South Carolina is ready to give Americans the tax credits for premarital counseling. There are huge and small benefits, but because of them the residents can reduce their tax payments. The state is famous for one of the most bizarre tax benefits of $50, which is provided, if the couple passes a consultation process before the marriage. After that they need to fill a joint return.
In the state of Hawaii there is a tax deduction for the so-called unusual tree. The state law provides a tax deduction in the amount of $3,000. These funds are used to maintain life and care about an unusual tree. This term applies to one tree or a group of trees. The tree must have historical or cultural value. Also, this law applies to those species of flora, which by age, location, size, or appearance were found worthy to save.
In New Mexico, the citizens who turned 100 years old are exempt from paying any taxes.
This month, the price of Bitcoin has soared to a record $89,000. Despite its constant volatility, BTC remains the most promising cryptocurrency since its debut in 2009. Many early investors who believed in Bitcoin's potential are now reaping the rewards of their foresight. Let's take a look at today's wealthiest crypto enthusiasts
Economic inequality remains one of the most pressing issues in today's world. To measure the gap between the rich and the poor in each country, the Gini index is used. This coefficient reflects how income is distributed within a society: the closer the index is to 100, the greater the inequality. Let's explore which countries currently have the highest Gini index values
