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Fun Fact: Automobile Tax Stamps

7/1/2018

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United States revenue stamps for the motor vehicle use tax were used from February 1942 through June 1946.  During World War II, there were serious wartime shortages, including gasoline.  The US government imposed the motor vehicle use tax to encourage people to use public transportation and to help pay for the war efforts.  The cost for these stamps were 42 cents per month or $5 per year.  These stamps were placed on the inside windshield as evidence of the payment of such tax.  These stamps were expensive considering the national minimal wage was 52 cents per hour.
  • The back of each of the US revenue stamps had spaces for the automobile owner to enter the make, model, engine number, and license plate number of their vehicle.​
  • New, horizontal format, motor vehicle use tax US revenue stamps were produced from July 1945 through June 1946.  
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    Spencer Accounting Group, LLC does not provide investment, tax, legal, or retirement advice or recommendations in these blogs. The information presented here is not specific to any individual's personal circumstances.

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    To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
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    Keana Spencer is an Accountant, Entrepreneur, and Educator to her clients, with a strong passion.  Keana has over 10 years of experience and through her practice, she is a source of knowledge and strategies to her clients.

    Keana founded this website and decided and created this blog page to offer a space for those seeking knowledge to understand, however not to be confused with advice or planning strategies.

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