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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 first United States non-denominated postage stamp, issued in 1975, was valued at 10 cents. Non-denominated postage is a postage stamp intended to meet a certain postage rate, but printed without the denomination, the price for that rate. They may retain full validity for the intended rate, regardless of later rate changes, or they may ...
A 20¢ Newfoundland stamp of 1928. The colony and later the dominion of Newfoundland had a 90-year history of issuing postage stamps. The first issues were in 1857. The last issue was in 1947, two years before Newfoundland joined the confederation. Newfoundland stamps remain valid for mail posted anywhere in Canada.
The 1990 budget sets out a control plan for expenditures and was predicted to yield $2.8 billion in savings in fiscal year 1990-1991 and $3.3 billion in fiscal year 1991-1992. This control plan complements the expenditure reductions of December 1989. Most government transfers to individuals, including old age pensions, child allowances ...
After increasing the price of a first-class postage stamp to 68 cents in January, the U.S. Postal Service is planning to increase the cost again in the coming days.. The USPS will bump the cost of ...
In 1875, the Internal revenue department issued a 2-cent revenue, depicting an allegory of Liberty. Printing of this issue continued into 1878. This was the first U.S. Revenue stamp to be issued that did not bear the portrait of George Washington. The Liberty issue was printed on silk bluish paper.
The top rate slowly increased from 0.5% in 1882 to 3% in 1947, 5% in 1973, 6% in 1975, reaching its peak at 9% in 1997. [7] The budget of 2008 inaugurated a series of rate reductions. After 2011 the stamp duty tax is set at 1% for residential properties up to €1 million and 2% on the remaining amount.