TAX TUNE UP 009: The Taxing History of Cinco de Mayo

Mexico’s decision to tax the Catholic Church, and good marketing by the beer industry, are the reasons you celebrate Cinco de Mayo.

Key Takeaways:

[:21] Americans love to party, and Cinco de Mayo is a good excuse to do so.

[1:08] In 1862, Mexico could not pay its debts to France.

[2:22] Victory in a small battle against the French is why Cinco de Mayo was originally celebrated in Mexico.

[3:40] How did the beer industry encourage celebration of Cinco de Mayo in the United States?

[3:55] Mexico’s decision to tax the Catholic Church led to your Cinco de Mayo celebration.

[4:09] Call Financial Gravity when you’re ready to celebrate paying less in taxes.