Crack Tax

Here’s an interesting idea. Why not put a special tax on illegal drugs? If a dealer gets arrested, and they don’t have a “crack stamp” on their cocaine, they’ll go to jail for tax evasion and drug possession/selling illegal drugs. Drug dealers are promised confidentiality.

Believe it or not, such a tax exists in Tennessee. And Tennessee raised $2 million in 2005 from the tax; all the money raised goes to fighting illegal drugs.

Of course, all drug dealers must declare their drug dealing income on their tax returns, or they risk following in Al Capone’s footsteps and landing in jail.

News Story: WBIR.com

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