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Bill Would Impose Taxes On Illegal Drugs
#9
Believe it or not, sales on illegal drugs or other illegal conduct have always been taxable.  You must report all income from any source according to the Internal Revenue Code.  They got Al Capone on tax fraud, not murder, prostitution, etc.  The federal government even required a tax stamp for selling whiskey when it wasn't legal to sell it.  They were going to get their tax money no matter what.  Many bootleggers paid it to stay out of a federal charge if they were caught.  Easier to bribe local politicians and police than the IRS.
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Bill Would Impose Taxes On Illegal Drugs - by JMac - 03-13-2006, 01:09 PM

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