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Again, I disagree. This box is here so you can be charged with a crime or have their proceeds seized. They do not expect anyone to actually pay it because who i
by arcticbull 5y ago
Again, I disagree. This box is here so you can be charged with a crime or have their proceeds seized. They do not expect anyone to actually pay it because who in their right mind pays taxes on stolen goods? Nobody.
Exactly the same number of people as pay for narcotics tax stamps. [1] The only people buying them are stamp collectors.
> In a report discussing a (failed) 2008 proposal by New York’s then-governor Elliot Spitzer to institute a drug tax stamp program in his state, the New York Times noted that “almost no dealers” actually buy the stamps, adding, “the vast majority of revenues from the tax are collected after law enforcement officials seize the drugs.” [1]
If drug dealers aren't buying drug tax stamps, shoplifters aren't reporting their stolen goods on their 1040.
In fact, this NYT article spells it out.
> “It’s really about cutting the drug dealers off at the knees,” said Ms. Smith of the tax administrators group. “It kind of goes back to the Al Capone model.” Proving tax avoidance is much easier than proving a drug crime, she said, so the tax laws help the authorities keep seized drug money even when a suspect accused of dealing drugs goes free. [2]
[1] https://theoutline.com/post/4173/drug-dealers-are-supposed-to-pay-taxes-too https://theoutline.com/post/4173/drug-dealers-are-supposed-t...
[2] https://www.nytimes.com/2008/01/24/nyregion/24drugs.html https://www.nytimes.com/2008/01/24/nyregion/24drugs.html