May 01, 2003
Drug Tax Stamps

I'm sure you've heard the argument: 'if only the government could tax drugs, then we could all benefit from the underground economy.' At this point I usually reach down and pick my eyeballs off the floor 'sorry, they just rolled right out.' But some enterprising wag in the Kansas State Department of Revenue has actually implemented a solution - not the legalising drugs part - just the taxing of them.

'How do you pay taxes on illegal goods?' I hear you ask. Like this:

The fact that dealing marijuana and controlled substances is illegal does not exempt it from taxation. Therefore drug dealers are required by law to purchase drug tax stamps.

The drug tax is due as soon as the dealer takes possession of the marijuana or controlled substance. Payment of the drug tax will purchase the drug tax stamps. Attach the stamp to the marijuana and/or controlled substance immediately after receiving the substance. The stamps are valid for 3 months. Drugs seized without stamps or having expired stamps may result in criminal or civil penalties which may include fines, seizure of property or liens against real estate.

Simple! And like any sensible dealer, they don't take personal cheques.

Drug Tax Stamps &FAQ [via What Do I Know?]

Posted by ashleyniblock at May 01, 2003 09:11 PM
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