From today's Daily Mail article:
"California's black markets are expected to dominate post-legalization production'"
http://www.dailymail.co.uk/news/article-5037423/Marijuana-tax-California-rise-45-percent.html
Hasn't this been covered already in the media and numerous times? Those who wanted legalization now shocked at taxes?
https://www.google.com/amp/www.bakersfield.com/after-legalizing-weed-california-s-black-market-could-remain-huge/article_9a5e1ccc-797f-11e7-972a-dbce54645d34.amp.html
https://www.google.com/amp/amp.sacbee.com/news/state/california/california-weed/article95466482.html
https://www.google.com/amp/amp.miamiherald.com/news/nation-world/national/article95618027.html
Only those benefitting from legalization; government and certain growers believed the bs about legalization of pot and the "benefits"; especially reduction of the black market.
Normal agriculture products are taxed by weigh simple. Corn, apples, peanuts ect are harvested, weighed, put on trucks and sent to prepaid buyers easy. Dope grower's for now are taxed by square footage, say 60,000 Sq. ft. 60,000 dollars tax no matter what comes out. Unless a government observer who won't take a bride is at each and every grow each and every day to make sure every gram is sent to off site processing to be weighed and taxed before sale the black market will still thrive.
ReplyDeleteThe grower simply states crop failure, sells the dope on the black market, pays the 60 k per year while pulling 3 or 4 crops per at 100's of thousands dollars or more depending on what black market conditions are. How about crop insurance? Same deal, whoops crop failure! Pay me, probably only works once though.