
Originally Posted by
Birddog
So what does this mean for the drug dealers windfall profits? Will they be taxed too?
Well, technically speaking, all illegal profits ARE taxable. In fact, that's how the government nails some underworld figures, tax evasion.
Of course, if they declare the income, that's basically confessing to the crime, so the feds can get them either way.
We're fools whether we dance or not, so we might as well dance. - Japanese Proverb
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