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Tax Facts

A financial charge or other levy by the state

  • Tax came from the Latin word taxo meaning 'I estimate'.
  • In at least 23 states of the US there is a tax on illegal drugs.
  • Alabama has a 10 cent tax on a deck of playing cards.
  • England is the first to introduce income tax in 1404.
  • There were 402 US tax forms in 1990. The number rose to 526 by 2002.
  • In 1952, former IRS Commissioner Joseph Nunan was arrested and jailed for tax evasion.
  • Taxes were not levied between 1817 and 1861 because of Civil War.
  • The first e-file was in 1986.
  • The Spanish American war was funded by taxes on chewing gum.
  • Between 1996 and 2000, 61% of U.S. corporations didn’t pay income taxes.
  • There are more tax accountants than soldiers in the U.S.
  • More than 1/3 of American households don’t pay federal income tax.
  • American families spend an average of $1000 per year complying with taxes.
  • An Expatriation Tax is a tax on individuals who renounce their citizenship or residence.
  • The first known system of taxation was in Ancient Egypt around 3000 BC - 2800 BC in the first dynasty of the Old Kingdom.
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