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Postal rates to 1847. Initial United States postage rates were set by Congress as part of the Postal Service Act signed into law by President George Washington on February 20, 1792. The postal rate varied according to "distance zone", the distance a letter was to be carried from the post office where it entered the mail to its final destination.
Benjamin Franklin — George Washington The First U.S. Postage Stamps, issued 1847. The first stamp issues were authorized by an act of Congress and approved on March 3, 1847.[ 20] The earliest known use of the Franklin 5¢ is July 7, 1847, while the earliest known use of the Washington 10¢ is July 2, 1847.
The United States Treasury Department issued its first war savings stamps in late 1917 in order to help pay for the costs incurred through involvement in World War I. The estimated cost of World War I for the United States was approximately $32 billion, and by the end of the war, the United States government had issued a total of $26.4 billion ...
The first revenue stamps in the United States were used briefly during colonial times, among the most notable usage involved the Stamp Act.Long after independence, the first revenue stamps printed by the United States government were issued in the midst of the American Civil War, prompted by the urgent need to raise revenue to pay for the great costs it incurred.
v. t. e. A gift tax, known originally as inheritance tax, is a tax imposed on the transfer of ownership of property during the giver's life. The United States Internal Revenue Service says that a gift is "Any transfer to an individual, either directly or indirectly, where full compensation (measured in money or money's worth) is not received in ...
Stamps prices are on the rise, again — one of several changes the U.S. Postal Service is rolling out this month. When announcing its intention to raise forever stamp prices to 66 cents earlier ...
The U.S. Parcel Post stamps of 1912–13 were the first such stamps issued by the U.S. Post Office Department and consisted of twelve denominations to pay the postage on parcels weighing 16 ounces and more, with each denomination printed in the same color of "carmine-rose". Their border design was similar while each denomination of stamp bore ...
Closer to 19th century tradition in the series of 1902 was its pantheon of celebrated Americans. Nine of the values—the 1¢, 2¢, 3¢, 6¢, 10¢, 15¢, 50¢, $2 and $5—depicted the same statesmen who had appeared on the corresponding denominations of the First Bureau Series. Moreover, on the 4¢ and 5¢ stamps, Lincoln and Grant merely ...