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Cake day: July 31st, 2024

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  • Tax stamps are technically just labels that get applied to a product. That communicates to sellers that the tax has been paid. Cigarette manufacturers are a good example of this. The manufacturer will purchase tax stamp stickers in bulk and apply them to each pack of cigarettes. Often times cartons of cigarettes are stolen before this process. Theoretically a retailer could sell them, but if someone came in and checked for tax stamps they could get in a lot of trouble. So, forging these stickers and applying them to stolen cigarettes allows the thieves to make a profit by selling what appears to be a legitimate product.