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The system works because everyone trading the stamps agrees a stamp has value beyond that of a simple stamp.
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Matthew Pointon at Capital Economics agrees that stamp duty is a sticking point: "[It] is a transaction tax and reduces incentives to trade down, leading to an inefficient use of the housing stock".
Hopes of a breakthrough are slim, though, after WTO members failed to agree a draft deal to rubber-stamp this week.
In October last year, G20 leaders agreed a radical overhaul of international tax rules designed to stamp out such loopholes.
Western countries have signed numerous agreements calling for an end to ransom paying, including as recently as last year at a Group of 8 summit, where some of the biggest ransom payers in Europe signed a declaration agreeing to stamp out the practice.
The Times agrees, arguing that "stamp duty is almost perfectly designed to ensure the inefficient allocation of housing".
And from one tiny splinter... "The Swiss company agreed to stamp my name on the tweezers," Mr. LaMagna said.
The G8 leaders also agreed to stamp out ransom payments to kidnappers for the release of hostages.
Leaders at the G8 summit have agreed to "stamp out" ransom payments to terrorist groups, UK Prime Minister David Cameron has announced.
Mr Cameron, hosting the two-day G8 summit at Lough Erne, County Fermanagh, tweeted: "Another #G8UK result: leaders agree to stamp out ransom payments to terrorists, calling on companies to follow lead".
In his e-mail message, first reported by The Washington Post, Mr. Rogers called Mr. Dougan "reasonable" and said that he "may be the most palatable workaround assuming he agrees to rubber-stamp compensation numbers".
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