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Money

Carriage Taxes Were Just the Beginning

Carriage Taxes Were Just the Beginning
BY KYLE HUTCHISON
NEWJERSEYNEWSROOM.COM
NEWS HISTORY

On August 27, 1799, the Sentinel of Freedom contained an article about the enacting of the carriage tax passed by Congress in 1794.

The Centinel of Freedom was a weekly newspaper published in Newark, New Jersey from 1796-1823.

Most people of the 18th century traveled by foot. If you had some money you could afford to travel by horse or by some small boats, but the most luxurious way to travel at the time was by a four-wheeled horse carriage.

On June 6, 1794, Congress passed a tax on carriage-owners: “tax on carriages for the conveyance of persons, kept for the use of the owner.”

The tax took 5 years to be in forced due to some backlash from citizens against the tax. This backlash leads to a famous court case known as Hylton Vs. United States.

Hylton argued that the tax went against Article 1, Clause 9 that required all direct taxes to be apportioned among the states. The Justices ruled that it was an indirect tax rather than a direct tax.

 

Fraud and a New Jersey Used Car Dealer

Fraud and a New Jersey Used Car Dealer
BY PETER ASELTINE
SPECIAL TO NEWJERSEYNEWSROOM.COM

TRENTON – Acting Attorney General John J. Hoffman announced that the operator of a used car dealership in Middlesex County, N.J., pleaded guilty today ...

Five Tips for Senior Entrepreneurs Starting Their Business

Five Tips for Senior Entrepreneurs Starting Their Business
BY E. J. DEALY
CEO OF THE COMPANY CORPORATION
SPECIAL TO NEWJERSEYNEWSROOM.COM
Contrary to popular belief, not all entrepreneurs are young 20 or 30-somethings. In fact, nearly one in five startups are rep...

5 Reasons Jet Fuel Gets a Tax Break in New Jersey

5 Reasons Jet Fuel Gets a Tax Break in New Jersey
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

The friendly skies are a lot friendlier to airlines than they are to frequent fliers in New Jersey.

Little known tax breaks on jet fuel reportedly cost states over $1 bi...

N.J. Buyer Beware: Consumer Guide to Buying Fall Concert, NFL Tickets Online

N.J. Buyer Beware: Consumer Guide to Buying Fall Concert, NFL Tickets Online
BY RYAN CARBAIN
SPECIAL TO NEWJERSEYNEWSROOM.COM

MONTCLAIR – With many of the top recording artists on tour through the fall and the NFL season about to kickoff, the National Consumers League (NCL) in c...

Should God Save Gambling in New Jersey?

Should God Save Gambling in New Jersey?
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

A lot of Hollywood stars and professional athletes thank God when they win awards or sports championships.

If God does preside over such decisions, is there a chance tha...

Revel Casino Lost Another $21K Off Roof of Truck

Revel Casino Lost Another $21K Off Roof of Truck
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

Revel Hotel and Casino in Atlantic City is just days from closing down, and it’s still dropping money faster than ever.

After an incident about two weeks ago, the strugg...

Winning Mega Millions Numbers for Friday, August 22 Worth $180 Million

Winning Mega Millions Numbers for Friday, August 22 Worth $180 Million
BY BOB HOLT
NEWJERSEYNEWSROOM.COM

No one hit the Mega Millions lottery jackpot Tuesday night, but one player from New Jersey can’t be all that disappointed.

That player has to “settle” for second prize m...

Three N.J. Financial Firms Make CNBC Top 100 List

Three N.J. Financial Firms Make CNBC Top 100 List
BY WARREN BOROSON
NEWJERSEYNEWSROOM.COM
BOROSON ON MONEY

Three New Jersey companies made CNBC Digital’s first list of 100 best fee-only money management firms. One is in Summit, one in Clifton, and one i...

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