This year, Halloween will not only be bad for Marylanders’ teeth, but for their wallets, as well. Earlier this week, the Maryland Department of Assessments and Taxation announced that the state tax of 6% will be levied on the candy that children collect while trick-or-treating in the state on Halloween.
A New Spin On an Old Tax
“This is not a new tax, per se,” said Max Proffets, spokesperson for the department. “Maryland has a Gift Tax on the books already that is used from time to time to prevent taxpayers from using gifts as a scheme to avoid other taxes. Although rarely used before now, the law could designate Halloween candy as a gift, which makes it taxable. We know that may be an unpopular interpretation, but we’re just doing our jobs.”
Mr. Proffets went on to say that, with the average pound of candy worth approximately six dollars, the tax would be set at $0.36 per pound. The average child nets 4.5 lbs. of candy during Halloween trick or treating, meaning that the net total revenue for the state would be $1.62 per child. This adds up to millions of dollars annually in previously unrealized revenues.
More
Editor's Note: We thought we would have a bit of fun and post a little satire. Enjoy!
5 comments:
I hope this is a joke! How would they be able to enforce it?
I live near Delaware, I'll just get my candy from there.
the wost part is that it could really happen. thanks sjd
I would actually expect this from Marty and company!
Democrats will never be satisfied with the tax levels until they have 100% tax on everything
Can we itemized Halloween candy onour tax? If not, the stage of maryland is crazy.
Post a Comment