The Feds have charged big time drug people with tax evasion for not paying taxes on their profits in the past.
The logic of it has always escaped me. How are they supposed to report the income in order to pay taxes on it?
Twilight Zone
Iowa has a drug tax stamp. I asked the question of our local county sherrif one time, do people really buy these things?? He said they did! He said that actually, most of the buyers are stamp collectors. ( I am sure they were checked out too!)
The same way hookers report their income ~ use Form 1040.