#sales_tax_token

Sales tax token

Type of token used to pay sales tax

Sales tax tokens are fractional cent devices that were used to pay sales tax on very small purchases in many American states during the years of the Great Depression. They were created as a means for consumers to avoid being "overcharged" by having to pay a full penny tax on purchases of 5 or 10 cents. Issued by private firms, by municipalities, and by twelve state governments, sales tax tokens were generally issued in multiples of 1 mill.

Sun 16th

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