Word: taxing
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Dates: during 2000-2009
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...Nigeria and Africa as a whole are starting to push back. In 2003 the World Health Assembly adopted the Framework Convention on Tobacco Control, a treaty designed to attack smoking through a mix of methods including bans and tax hikes. So far, 164 countries have joined the pact, including 48 in Africa. The U.S. signed the treaty in 2004 but has yet to implement it, though the President is expected to seek Senate ratification soon, adding a very big player to the team...
...supporters of legalization may have been handed their most convincing factor yet: the bummer economy. Advocates say that if state or local governments could collect a tax on even a fraction of pot sales, it would help rescue cash-strapped communities. Not surprisingly, the idea is getting traction in California, home to the nation's largest supply of domestically grown marijuana (worth an estimated $14 billion a year) and biggest state budget deficit (more than $26 billion...
...California legislative leaders reached a tentative budget agreement to plug the state's deficit, but it would involve making sweeping cuts in education and health services as well as taking billions from county governments. Democratic state assemblyman Tom Ammiano has introduced legislation that would let California regulate and tax the sale of marijuana. The state's proposed $50-per-oz. pot tax would bring in about $1.3 billion a year in additional revenue. Ammiano's bill was shelved this session, but he expects to introduce a revised bill early next year. (See TIME's photo-essay "The Great American...
...lookout for ways to invest its ill-gotten cash in legitimate enterprises, explains Alberto Cisterna, a Rome-based magistrate who has long followed the Calabrian Mob. He says that high-profile urban centers are actually considered the best places for crooks to simultaneously hide their illicit wealth and evade taxes. "These criminal organizations see Rome and Milan as bona fide tax havens," says Cisterna. "Its hard for them to hide their wealth in Calabria, where they're tightly monitored." (Read a TIME cover story on the Mafia...
...premises on suspicion that it had fallen into the hands of the increasingly powerful Calabrian Mob. The café was one of a dozen pieces of prime Roman real estate, with a combined worth $284 million, sequestered as part of a citywide crackdown on suspected money-laundering and tax-evasion. (See pictures of life in Italy...