Bizarre Tax Credits and Deductions

Tyler Cowen at Marginal Revolution provided a link the other day of “state tax oddities.” My favorites include:

• Exemption for income of a person 100 years or older (New Mexico)

• Deduction of fund used to maintain an “exceptional tree”—tree designated by the local county arborist advisory committee (Hawaii)

• Deduction of any settlement money provided as a person persecuted by the Ottoman Turkish Empire from 1915 to 1923 (California)

• $50 tax credit for the permanent loss of two limbs (Oregon)