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Uncommon Laws. The United States tax code is anything but simple. The instructions for the standard 1040 tax form alone are more than 100 pages long, and good luck getting through them in one sitting.
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
State exemptions vary from strict to generous. For example, Texas is more lenient in allowing your homestead and up to $60,000 in personal property. [1] Texas also exempts certain investments and insurance policies. Other states, such as Arizona, are more strict and may exempt only $150 in a checking account comparatively speaking.
Hylton v. United States, 3 U.S. (3 Dall.) 171 (1796), [1] is an early United States Supreme Court case in which the Court held that a yearly tax on carriages [2] did not violate the Article I, Section 2, Clause 3 and Article I, Section 9, Clause 4 requirements for the apportioning of direct taxes.
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Pony trap in Brisbane, Australia, 1900. Pony and trap in northern England. Trap_or_cart,_c_1903. A trap, pony trap (sometimes pony and trap) or horse trap is a light, often sporty, two-wheeled or sometimes four-wheeled horse- or pony-drawn carriage, usually accommodating two to four persons in various seating arrangements, such as face-to-face or back-to-back.
The Van Tassell and Kearney Horse Auction Mart is a building in East Village, Manhattan, New York City. The building was constructed in 1903-04 to the designs of Jardine, Kent & Jardine in the Beaux-Arts Style. It originally served as a horse auction mart that catered to New York's elite families, including the Vanderbilts and Delanos.
Bridgeville, California (population 25) was the first town to be sold on eBay in 2002, and has been up for sale three times since. [1] In January 2003, Thatch Cay, the last privately held and undeveloped U.S. Virgin Island, was listed for auction by Idealight International. The minimum bid was US$3 million and the sale closed January 16, 2003. [2]