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Louisiana Sales Tax Tokens were used to collect sales tax of fractions of a cent.
The first tax tokens issued by the state of Louisiana were in conjunction with the Luxury Tax Act of 1936. This was a tax of 2% on selected items. Public Welfare Revenue Act of 1938 replaced this Luxury Tax. It was termed “Luxury Tax” because of the numerous exemptions. Although the law specifically exempted about seventy-five items from the tax, the state released an expanded list of exemptions. This list included such items as alcoholic beverages, bottle openers, cigars, lawn mowers, maple syrup, and plum pudding. Merchants and consumers claimed it was confusing because it taxed articles as necessities while exempting some classed as luxuries.
Louisiana Luxury Tax Tokens – 1 Mill and 5 Mills
The tokens were released on October 1, 1936 and within ten days more than four million tokens were in circulation in the New Orleans area alone. No records are available concerning the total number of Luxury Tax tokens struck. The Luxury Tax Act of 1936 was repealed by the Public Welfare Revenue Act of 1938. All Luxury Tax tokens were to be withdrawn with a deadline for redemption of December 31, 1938.
Public Welfare Tax Tokens – 1 Mill and 5 Mills
While the Public Welfare Revenue Act reduced the tax rate to 1% and contained fewer exemptions than its predecessor, it was no more popular. One of the campaign issues in the 1939 Governor’s race was abolition of the Public Welfare tax. As a result, Governor Sam Jones approved repeal of the act on July 9, 1940, effective December 31, 1940.
Eight million five mill and forty-nine million one mill tokens were issued for this tax. Final redemption of the tokens took place March 31, 1941, and fewer than seven million tokens were returned. So where are the other millions? Today even a new Louisiana Tax Token is not worth more than a few cents. Even if you could find a buyer.
Sales Tax Tokens were issued by many states in the 1930s and 1940s. Collecting Sales Tax Tokens is a nice inexpensive way to start collecting. Several books are written on the subject. Sales Tax Tokens by Emil Di Bella, 12 pages, softcover, a few illustrations. United States Sales Tax Tokens & Stamps, by M. K. Malehorn hardback, a couple hundred pages, illustrated. For the official site of the American Tax Token Society (ATTS) Click Here!
Qty of (7) Sales Tax Tokens AL-MS-UT-OK-MO
on August 12, 2020 at 11:03 am
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Lot of 5 tokens CO sales tax, casper, Naughty, perfect circle, buggy bath
on August 10, 2020 at 12:50 pm
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Doersam's Clock 161 N. High Columbus, Ohio OH 5¢ Sales Tax Pre Paid Trade Token
on August 9, 2020 at 2:24 am
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Vintage / Antique MISSOURI SALES TAX RECEIPT Lot of Four (4) TOKENs Coins
on August 6, 2020 at 8:02 pm
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Missouri Sales Tax Tokens Plastic And Metal Vintage Lot
on July 26, 2020 at 7:50 pm
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Mississippi Sales Tax Commission Antique Trade Token Coin 5 Cent
on July 17, 2020 at 4:20 am
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Washington State Sales tax Token 1935 trade token (19L3)
on June 13, 2020 at 1:01 am
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Vintage 1989 Washington State Sales Tax Token Coin W/ Centennial Card 1935-1951
on June 10, 2020 at 2:43 pm
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1930'S Token, Chang for 1 Correct Sales Tax Payment. (B9)
on April 15, 2020 at 4:14 pm
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1930's Token, Chang for 1 Correct Sales Tax Payment. (B7)
on April 15, 2020 at 4:14 pm
$5.95End Date: Saturday Aug-15-2020 9:14:11 PDTBuy It Now for only: $5.95Buy It Now | Add to watch list