If you’re planning on doing business in Alabama, you may have heard of the Alabama Sales Tax Token 5. It is a one-cent white fiber coin with a diameter of 22 mm and was first issued in 1937. The purpose of this coin is to collect sales tax from the consumer. However, you can avoid paying that tax by using […]
Alabama Sales Tax Token 5
Kansas Sales Tax Token
Sales tax tokens were issued in Kansas as an early example of a cashless economy. In 1938, the state of Kansas issued 30.9 million two-mill tokens and 21.2 million one-mill mill ones as an early example of a cashless economy. By 1938, political pressure began to mount to eliminate the tokens. Governor Huxman called a special session of the Kansas […]
Mississippi Sales Tax Token
A Mississippi sales tax token is a rare collectible item. It is a bill that has been issued by the state of Mississippi and when purchased can serve as change for the purchase of goods. However, they are not widely available and must be obtained with some effort. Fortunately, you can find these coins for sale online, and you can […]
Collecting Washington Tax Tokens
When Washington State adopted legislation in 1935 to allow the use of tax tokens, many people began collecting them. Although this method was controversial at the time, it became widespread in the state in the early 1940s. While the use of tax tokens in Washington was not always effective, it did make tax collection easier and more convenient for residents. […]
The History of Sales Tax Tokens
In 1933, Michigan, California, and Ohio passed similar tax legislation. Then, on May 21, 1935, the state of Washington passed a similar law. However, in 1936, the US treasury department filed a lawsuit against Washington over its use of sales tax tokens, arguing that the tokens were an attack on US coinage. The Washington legislature did not back down and […]
Mississippi Sales and Use Tax Tokens
The Mississippi Sales and Use Tax (MSUT) is a state tax that applies to the sale of certain goods and services. The law aims to increase revenue by reducing the cost of goods and services. But it is also an infringement of taxpayer rights under the First Amendment. The proposed bill will eliminate the exemption for newspapers, radio, and television […]