Taxing time

Taxing time

  • Fact: #

The first Income tax appears to be in the year 10 AD, in China. The Emperor Wang Mang (during the Xan Dynasty) brought in a tax of 10% on all profits for any skilled labourers and professionals. It lasted a mere 13 years as the Emperor was overthrown in 23 AD. (http://bit.ly/1gF9bzf)

This week’s theme: Tax

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