| | | Depression Era Tax Tokens | Depression Era Tax
Tokens: In the spring
of 1935 there
appeared in several
small communities
throughout the nation
the first of what was
to be the saving
grace of consumers
for generations to
come, the tax token.
The U.S. Congress has
never enacted a sales
tax. Such taxes are,
however, common in
the states and in
municipalities. The
first sales tax was
adopted by Georgia in
1929. Subsequently,
during the prolonged
economic depression
of the 1930's, many
new sales taxes were
enacted as emergency
means of raising
revenue to meet
relief needs. After
the emergency ended,
most of the taxes
were retained as a
permanent feature of
government financing.
As the newly
established sales tax
went into force it
was apparent that
there was no
provision for small
payments. Different
States began issuing
tax tokens in a
variety of metals,
but during WWII all
of the scrap metal
was melted for use in
the war effort and
other material had to
be found for tax
tokens. This gave
rise to the plastic
piece featured here
from the State of
Missouri.
| Product Details: NAME: Depression Era Tax Tokens TYPE: Authentic MANUFACTURER: Shop SKU: : |
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