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.
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
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector
Why investors are still backing the North East