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Tennessee "Crack Tax" brings in nearly $2 million in first year

Amanda Dill     Updated: 1/24/2006 4:55:27 PM    Posted: 1/23/2006 11:56:56 PM
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During its first year, Tennessee's "Crack Tax" has brought in nearly $2 million dollars in state revenue.

The illegal substances tax went into effect last January. Basically, drug dealers are supposed to pay taxes on illegal drugs and alcohol. They pay confidentially, and when they do, they get a stamp. If they're caught without the stamp, they'll be prosecuted for not only selling drugs, but for not paying their taxes too. All money made from the stamps goes to fighting drugs.