Partner Article
'Crack Tax' Nets $2m
A USA ‘crack tax’ has brought in almost $2 million for the state of Tennessee in its first year. Tennessean.com reports that the state’s unauthorized substances tax - dubbed the ‘crack tax’ - requires drug dealers to pay taxes anonymously within 48 hours of acquiring an unauthorized substance to receive a special stamp. If police catch a suspected drug dealer without the stamps, the dealer faces prosecution for tax evasion as well as drug dealing.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Hormuz: Safe passage - not insurance - the issue
Don't get caught out by employment law change
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work