10 Types of Taxes Which You Have Never Heard Of
Bangalore: All of us pay tax in one form or the other, be it income tax or sales tax. Paying tax has become inseparable part of everyone’s life. Benjamin Franklin rightly said “nothing is certain but death and taxes” and it is true even to this day. Well! Income tax, property tax and commercial taxes are something that all of us are familiar with.
Here are few bizarre tax forms that have been charged in the past, present and the future:
1. Forced Cigarette Smoking
Almost all the countries levy some percentage of tax on cigarettes. China is the only country which is increasing its revenue from cigarette tax by literally forcing people to buy and smoke Cigarette.
In fact, the local government of China has ordered their citizens to smoke about a quarter of a million packs of cigarettes, so that it can improve their economy if any financial crises occur. “Even local schools have been issued with a smoking quota for teachers”, and one village in China was even “ordered to purchase 400 cartons of cigarettes a year for its officials” as reported by Billshrink.
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