DID YOU KNOW.....? The first Income Tax appears to be in the year 10 AD, in China. The Emperor Wang Mang (during the Xan Dynasty) brought about a 10 % tax on profits for any skilled laborers and professions. This lasted a mere 13 years as the emperor was overthrown in 23 AD. Income Tax was introduced in the UK in 1188 by Henry II. He wanted to raise money for his third crusade. He demanded that each "layperson" in the UK pay a tenth of their income and all moveable property to the King. This was known as the Saladin Tithe. The first true Income Taxes were introduced in the UK and USA to pay for WAR! In the UK, in 1799, Income Tax revenue was used to finance the fight against Napoleon. In the USA, in 1861, the revenue was used to finance the American Civil War. Herr Louis Doberman, who created the Doberman breed was a taxman. He bred a dog to assist him on his tax collection rounds!
Posted on: Thu, 01 Aug 2013 12:11:04 +0000
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