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Taxing Marijuana-How the The Tax, Regulate and Control Cannabis Act of 2010 Works
July 30, 2009 – California voters may soon get a chance to weigh in on whether marijuana should be legalized and taxed by the state. If enacted, this may help the state’s budget by providing revenue from a brand new source, while also freeing up money that previously went to enforcement efforts against marijuana growing.…
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Can you smoke enough dope to save California? Legalization estimated to raise $1.4 billion a year
July 16, 2009 – As we know, San Francisco Assemblyman Tom Ammiano is pushing a bill to legalize and tax marijuana. On Wednesday, the State Board of Equalization told us just how much that would raise: $1.4 billion a year. Wow, that’s a lot of pot: 16 million ounces are annually consumed in California, according…