1 Mill - Public Welfare Tax Token Louisiana ND

Reverse

Lettering around outline of octagon with triangular hole at center.

Script: Latin

Lettering:
PUBLIC WELFARE
TAX
1 ⯃ 1
TOKEN
LOUISIANA

Edge

Plain

Comment

Manufacturer: Osborne Register Company

Size of the triangular hole varies between 4.0 and 6.1mm in length of the sides, as well as in the shape of the corners (rounded or pointed).

Louisiana Tax Tokens were used to collect sales tax of fractions of a cent.
One Mill is 1/10th of a cent.
Five Mills is 1/2 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.

https://www.louisiana-trade-tokens.com/taxtokens.html

Price

Date	Mintage	VG	F	VF	XF	AU	UNC
ND (1938-1941)		-	-	-	-	-	-

Values in the table are based on evaluations by sales realized on Internet platforms. They serve as an indication only for 1 Mill - Public Welfare Tax Token (Louisiana) ND (1938-1941) item.