In kids' games, no do-overs. If called right after choosing sides, selecting who's it, who goes first or the like, it prevents the other side from trying to redo.

Confined to New York, maybe even just Brooklyn and Staten Island.
. . . and you are not it. Tony, you're it. NO PENNY TAX. (Tony is it. Period.)
by goyische shitheel November 20, 2006

5 Words Related to no penny tax

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