andrew, 6 months ago

I got to squeeze a lot of puns in this short piece on the "Chicken Tax" that is actually a ... tax on light pickup trucks.

"The US introduced the tax after negotiations to resolve the rooster ruckus reached a stalemate. The Lyndon B. Johnson administration imposed a 25% tariff on light trucks—specifically to capture the Volkswagen Microbus—as well as other exportable goods where the offending EU states would feel the pinch."

#lawfedi @law

https://news.bloomberglaw.com/tax-insights-and-commentary/week-in-insights-the-chicken-tax-has-made-an-enduring-impact