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Post Your Photos Of A Tax Token

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 Posted 09/13/2022  12:08 pm Show Profile   Bookmark this topic Add IndianGoldEagle to your friends list Get a Link to this Message
Dept of Finance, State of Illinois, 1 1/2 cents, Retailers Occupation Token


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 Posted 09/13/2022  12:12 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Colorado State Treasurer Sales Tax, 1/5 Cent Sales Tax Token, Series A-35


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Bedrock of the Community
United States
25706 Posts
 Posted 09/15/2022  12:42 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Oklahoma 1 Cent Consumers Tax, For Old Age Pensions


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 Posted 09/15/2022  12:43 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Oklahoma 1 Cent Consumers Tax, For Old Age Assistance


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United States
2459 Posts
 Posted 09/15/2022  1:35 pm  Show Profile   Bookmark this reply Add Tunnioc to your friends list Get a Link to this Reply
Interesting!
This Oklahoma token seems to be made of some type of paper.



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Pillar of the Community
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4676 Posts
 Posted 09/16/2022  09:13 am  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply

Arizona, with the state seal -





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Australia
14811 Posts
 Posted 09/16/2022  10:25 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
... 1 1/2 cents... 1 Cent Consumers Tax...

No, they're not "1 cent" or "1 cent" tokens. They're 1 mil and 1 mils - a mil is one-tenth of a cent.

The whole point of sales tax tokens was to make change for fractions of cents that were being collected as sales tax. Suppose you bought a 7 cent item with a 10% sales tax on it? You'd need to pay 7/10ths of a cent. So you would pay 1 cent for the tax, and get three 1 mil tokens back in "change". You could use those tokens the next time you had to pay sales tax, or alternatively, save up 10 tokens, take them into the state treasury, and the state would give you one whole cent in exchange for them.

And yes, it really was as impractical and unwieldy as I've just made it sound. Even more so for people travelling interstate a lot, who'd end up with a bucketful of tax tokens they couldn't do anything with because they were only valid in the state of issue. While the idea was good and noble - offering tax relief for the poorest and most vulnerable - it was not only cumbersome, but ultimately ruled to be unconstitutional - the sales tax tokens were de-facto state-issued coinage, and the Constitution explicitly forbids states from issuing their own coinages. By the time the ruling was made, tax tokens were already abolished.


Quote:
This Oklahoma token seems to be made of some type of paper.

Close. It's made of "red fiber", a type of vulcanized fiber: cellulose from cotton is processed into rough paper sheets, then re-gelatinized by adding zinc chloride and pressed together. Strong, lightweight and cheap. Many WWII-era tokens, including the famous OPA tokens, were made of this. The Japanese even made coins out of it in occupied Manchuria. It went out of fashion with the rise of petroleum-based plastics, but is seeing something of a comeback as a green alternative to plastic.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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 Posted 09/16/2022  12:20 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Thanks Sap, I'm new to these types of tokens so you just taught me something.
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 Posted 09/16/2022  12:23 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Alabama 5 mil Tax token.


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 Posted 09/16/2022  12:58 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Oklahoma Consumers Tax Check. 1 mil.

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 Posted 09/16/2022  1:00 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Utah Sales Tax Token, Emergency Relief Fund.


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 Posted 09/16/2022  1:36 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Utah 1 mil Sales Tax Token For Emergency Relief.


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 Posted 09/16/2022  1:37 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Kansas 2 mil Sales Tax Token.


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