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Brick Tax

In 1784, Great Britain Imposed Tax on Bricks to Pay for the War in America. This Made People Start Using Larger Bricks.

The brick tax was a property tax imposed in the United Kingdom in 1784 during King George III’s reign. This truly affected construction during those times. But why did the UK impose a tax on bricks? The United Kingdom imposed a tax on bricks to fund the war in America in 1784. As a result, […]

In 1784, Great Britain Imposed Tax on Bricks to Pay for the War in America. This Made People Start Using Larger Bricks. Read More »

Uncapped Exemption for Irish Artists

Ireland Limits Taxation on Writers, Artists, Composers, Painters, and Other Creatives for Their Contribution to Culture.

Income tax is a direct tax levied by the government on the earnings of its citizens. The Income Tax Act of 1961 requires the central government to collect this tax. Every year, the government can change the income levels and tax rates in its Union Budget. Income does not only refer to monetary compensation. In

Ireland Limits Taxation on Writers, Artists, Composers, Painters, and Other Creatives for Their Contribution to Culture. Read More »

Louis Remme

Louis Remme Rode on Horseback Non-Stop from Sacramento to Portland in 1855, Racing Against the Ship-Borne News of a Bank Run That Would Prevent Him from Withdrawing His Own Money.

The most daring, grueling, and impossible horseback ride in American history occurred in 1855, when a cattle trader raced overland nearly 700 miles in winter to beat a steamship sailing from Sacramento to Portland, Oregon. The rider’s life savings in gold were at stake, which he could save if he could reach Portland before the

Louis Remme Rode on Horseback Non-Stop from Sacramento to Portland in 1855, Racing Against the Ship-Borne News of a Bank Run That Would Prevent Him from Withdrawing His Own Money. Read More »

South Korean Gold

Why Did South Koreans Give Up Their Gold in 1998?

The Republic of Korea is an East Asian country that occupies the southern half of the Korean Peninsula and shares a land border with North Korea. The Yellow Sea forms its western border, while the Sea of Japan forms its eastern border. The country has a population of 51 million people. Roughly half of them

Why Did South Koreans Give Up Their Gold in 1998? Read More »