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NY and the 'Crack-Pot Tax' – Free Market News Network

NY and the 'Crack-Pot Tax'Free Market News Network, FL –Feb 22, 2008The new tax would apply to cocaine, heroin and marijuana, and could be paid by buying and affixing "tax stamps" to bags of dope. The proposal has brought a …New York drug-tax plan derided as a dopey ideaMinneapolis Star Tribune (subscription)all …

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Marking to market is a devalued exercise (eFinancial News)

Just over 35 years ago, my father developed an unhealthy obsession with investing in stamps. He bought sheet after sheet of them, each distinguished by appearances technically different to the norm. In succeeding months, he often brought our attention to stamp catalogues that suggested their overall value was rising exponentially. …

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