dascpa
Level 11
‎04-30-2020 09:13 AM
  • New York City places a special tax on prepared foods, so sliced bagels are taxed once as food and again as prepared food, thus creating a sliced bagel tax.
  • Maine has special tax on blueberries, a valuable state resource.
  • Pennsylvania has a tax on coin-operated vacuum machines at gas stations.
  • States like Iowa, Pennsylvania, and New Jersey exempt pumpkins from a sales tax but only if they will be eaten and not carved.
  • In 2005, Tennessee began requiring drug dealers to anonymously pay taxes on any illegal substances they sold.
  • The IRS taxes stolen property. The 1040 instructions say that you should report it as stolen property. However, doing that would be self-incrimination, from which we are protected by the Constitution; therefore, one has the option of reporting it as "other income".