Little-known North Carolina tax costs people millions #shorts #ncpol
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6 ماه پیش
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A little-known North Carolina state
A little-known North Carolina state tax is costing people found with drugs millions of dollars every year. In return for discovering those drugs, police departments across the state get to keep most of the tax money, even when there's not a criminal conviction.
Passed by the General Assembly in 1989, the Unauthorized Substances Tax requires people who possess drugs to pay taxes through the purchase of special tax stamps. The state is not allowed to alert police if someone buys stamps, but even with that protection, few actually do, so the North Carolina Department of Revenue levies the tax on the back end.
NCDOR has collected more than $100 million in drug taxes since 2010. During the most recent year, the state reported collecting $9 million alone. Of that, 75% is returned to the state or local law enforcement agency who investigated and the remaining 25% is credited to the state's general fund. #money #shorts #news #localnews #ncpol #politics #drug #tax #taxes #northcarolina #investigation #crime #reform
READ MORE: https://www.wcnc.com/article/money/no...
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Passed by the General Assembly in 1989, the Unauthorized Substances Tax requires people who possess drugs to pay taxes through the purchase of special tax stamps. The state is not allowed to alert police if someone buys stamps, but even with that protection, few actually do, so the North Carolina Department of Revenue levies the tax on the back end.
NCDOR has collected more than $100 million in drug taxes since 2010. During the most recent year, the state reported collecting $9 million alone. Of that, 75% is returned to the state or local law enforcement agency who investigated and the remaining 25% is credited to the state's general fund. #money #shorts #news #localnews #ncpol #politics #drug #tax #taxes #northcarolina #investigation #crime #reform
READ MORE: https://www.wcnc.com/article/money/no...
===================
WCNC Charlotte considers multiple perspectives and provides diverse points of view. We actively listen, respond and involve our community in a two-way conversation. We find solutions to problems and get the answers that matter most to the communities we serve. We are transparent about our process, data and sources to build trust and VERIFY facts. Join in, share your thoughts and connect with new perspectives.
Subscribe to WCNC Charlotte for exclusive content: https://www.wcnc.com/email
Download our WCNC Charlotte news app: https://www.wcnc.com/appredirect
Follow WCNC Charlotte on social:
Facebook: Facebook: WCNCtv
X: Twitter: wcnc
Instagram: Instagram: wcnctv
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در تاریخ 1402/11/04 منتشر شده
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