

Buyers guide to tax stamps – a car analogy
The recent introduction of the Tobacco Tax and Enforcement Reform Act (SB 1129) in the U.S. Senate, which was discussed by John Colledge in the May issue of Tax Stamp News, sparked an interesting conversation amongst some colleagues and me: How much should a tax authority spend on security features? What is the environment needed for tax stamps to be successful, e.g. licensing, penalties? How much of an enforcement budget should be spent on stamps vs. civil and criminal enfor