California: Oakland Voters Approve Nationā??s First Marijuana Business Tax
my problem with this is why are they being taxed differantly that any other buissness. im not against the tax per-se ( ive always wanted to say per-se, cool soundin word per-se). i see the need in cali for the revenue, if only everyone else would, but $18 per $1000, may only be 1.8% but other buisnessess only pay $60 per 50,000, thats 1.2%. what im not clear on is this, the $1.20 per $100,000. do you only pay the $60 fer just the first $50,000 then at every $100,000 only pay $1.20? so if my buisness makes $100,000 do i pay $121.20 or do i pay $61.20? big differance in the tax. but ragardless why a differance?
also can you run a non-profit and get away from the tax man?
California: Oakland Voters Approve Nationā??s First Marijuana Business Tax
Quote:
Originally Posted by yokinazu
... im not against the tax per-se ( ive always wanted to say per-se, cool soundin word per-se).
:D if i had more time i would post the link to the southpark vampire episode, it is f'in hilarious . . ., per se . . . :D
Quote:
Originally Posted by yokinazu
i see the need in cali for the revenue, if only everyone else would, but $18 per $1000, may only be 1.8% but other buisnessess only pay $60 per 50,000, thats 1.2%. what im not clear on is this, the $1.20 per $100,000. do you only pay the $60 fer just the first $50,000 then at every $100,000 only pay $1.20? so if my buisness makes $100,000 do i pay $121.20 or do i pay $61.20? big differance in the tax. but ragardless why a differance?
also can you run a non-profit and get away from the tax man?
yeah, i was wondering about that, too, i don't think they were clear about that. I was assuming everything besides food out there has like a four or five percent sales tax on it, but maybe not.
anyways, i say, just legalize it already, Oakland. Arnie won't care. The messiah has too much to lose to f with Cali. just go for it. :jointsmile: easier said than done, i'm sure. ;) this would give some real time $$$ data for the California voters to look at before the election in '10. :greenthumb:
California: Oakland Voters Approve Nationā??s First Marijuana Business Tax
or even better, the cali legislature should pass a law similar to the language of the upcoming voter sponsored inititative that basically allow the Counties to regulate, control and tax as the people of that County see fit.
This would let the Cali Congress and Arnie basically punt the issue to the counties and eventually to the voters next year. This gives them the advantage of not being at odds with federal laws as their current bill is and would allow Oakland and other communities to experiment in legalization so that voters would have a real examples of what kind of revenue we would be talking about. My guess is it would be much much larger than they have estimated. hell, i'd be on a plane the next day if they legalized it there. :smokin:
California: Oakland Voters Approve Nationā??s First Marijuana Business Tax
Quote:
yeah, i was wondering about that, too, i don't think they were clear about that. I was assuming everything besides food out there has like a four or five percent sales tax on it, but maybe not.
im pretty sure this is not a sales tax, consumer pays sales tax not a buisness.
the south park episode is classic. i been a south park junkie from the very first episode, per-se. hmmm makes me want clamato juice, all tomatoey and clammy,per-se, mmmmm.
California: Oakland Voters Approve Nationā??s First Marijuana Business Tax
Quote:
Originally Posted by yokinazu
... i been a south park junkie from the very first episode, per-se. ...
:D me too! . . . per-se :jointsmile: