How your Best Buy gift card ends up in New York’s bank account

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Over at the Wall Street Journal, Phil Izzo reports that some $41 billion worth of gift cards have gone unused since 2005. So what, exactly, happens to that money? After all, retailers aren't allowed to report the cash used to buy gift cards as income until the cards are actually redeemed. So there's a murky area that arises when a gift card just gathers dust in a drawer for years, lost and forgotten:

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Greg Miller 29 Dec, 2011
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Source: http://feeds.washingtonpost.com/click.phdo?i=8547fef0aeae2b259816952a8806b104
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