California trying to tax marijuana to save shitty economy[views:3527][posts:3]__________________________________________ [Mar 22,2009 1:35pm - stabbedinthehead ""] No way the Feds will let this happen. Taken from time.com "...Could marijuana be the answer to the economic misery facing California? Democratic state assemblyman Tom Ammiano thinks so. Ammiano introduced legislation last month that would legalize pot and allow the state to regulate and tax its sale — a move that could mean billions of dollars for the cash-strapped state. Pot is, after all, California's biggest cash crop, responsible for $14 billion a year in sales, dwarfing the state's second largest agricultural commodity — milk and cream — which brings in $7.3 billion a year, according to the most recent USDA statistics. The state's tax collectors estimate the bill would bring in about $1.3 billion a year in much needed revenue, offsetting some of the billions of dollars in service cuts and spending reductions outlined in the recently approved state budget..." Full article: http://www.time.com/time/nation/article/0,8599,1884956,00.html |
| _______________________________ [Mar 22,2009 1:41pm - sever ""] old news. old old old news. obama already said he wont use federal resources to undermine state laws, and his new "drug czar" has a history of not focusing on marijuana and instead using his forces to combat larger drug threats such as heroin and meth. if this passes, the feds will stand back, and the country will follow suit. |
| __________________________________ [Mar 22,2009 4:03pm - niccolai ""] Do it. The money spent fighting pot in the war on drugs is in the billions. This is a drop in the bucket though. Reducing spending is a MUCH better way to survive the economy then raising taxes. stop spending trillions expanding the empire, and then we can have legalized, NON taxed marijuana. |
| ___________________________________ [Mar 22,2009 5:17pm - jimbonli ""] the stuff that dreams are mode of. |