You Got to Be Kidding Me!

The Shoe Tax?

Posted in Economics, Silly/Funny by Stacy McMahon on September 7, 2008

You learn something everyday:

Yet the U.S. still imposes a tax on imported shoes that can reach as high as 67%, a legacy (believe it or not) of the Smoot-Hawley tariff of 1930.

I have an acquaintance who is always posting Facebook status messages calling for repeal of the shoe tax. I just figured it was some in-joke I wasn’t aware of, but there really is one! Crazy…

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