The Government taxing weed.
Officials Tell Medical Marijuana Dealers To Pay Up - News Story - KCRA Sacramento
SACRAMENTO, Calif. -- The taxman is going after the medical marijuana man.The state Board of Equalization is telling the estimated 150 to 200 medical marijuana retailers in California to pay sales taxes on pot.The 1996 initiative that decriminalized use of marijuana for medical purposes did not address how state tax officials should deal with medical marijuana sales. The sales weren't covered before Proposition 215 because they were illegal. [align=center]
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The board ultimately decided that medical marijuana was not exempt from sales taxes because it was not dispensed by a pharmacist or approved by the Food and Drug Administration as a medication.The board's action has divided the medical marijuana community, with some sellers saying it helps legitimize their businesses. But others worry that any tax information they report will be used against them by the federal government, which still bars use of medical marijuana.
The Government taxing weed.
The Government taxing weed.
make the dispensaries pay the tax on it. Their suppliers are selling it for 4k a lb..that's $250 an ounce. They're selling it anywhere from $80-$150 for 3.5 GRAMS. tax the fuck out of them, and give some support to schools and state governments.
The Government taxing weed.
What the fuck! if they start taxing medical marijuana then busts from Fed's should totally be out. Paying money to be shut down is fuckin stupid if you ask me. If they are gonna tax this thing then Govt better make it just as legal and safe for medical patients to be able to obtain and use medical marijuana like they could obtain and use those pharmacy pills and stuff.
The Government taxing weed.
Quote:
Originally Posted by orangeman
if they start taxing medical marijuana then busts from Fed's should totally be out. Paying money to be shut down is fuckin stupid if you ask me.
It does buy you protection on the state level in California, I guess because its the state doing the taxation. Unfortunately it's not the ffeds saying pay up and we'll leave you alone.
The Government taxing weed.
Good let them be taxed and once they realize how much tax money they are getting maybe itll open up some eyes like"hey this isnt so bad after all".4k per pound holy shit thats insane damm wish i could get a piece of that.....
The Government taxing weed.
Exactly fish who cares if they tax it. Just means that sooner or later every other greedy government is gonna wanna get in on this. pfft more money for the government maybe it will be worth admitting they where wrong about marijuana for the money.
The Government taxing weed.
By taxing the dispensarys,they are admiting guilt of possesion,and distrubution which are both protected by the 5th amendment. If the government wether state or federal wants the tax money they need to legalize it and tax it correctly. Taking money from someone for doing something against the law..........seems alot like in Goodfellas when they gave the godfather Paulie money for doing nothing but being the godfather.
The Government taxing weed.
Dryguy good excample but didnt you know the government is more crooked than the mob.For example a buddy of mine use to bet on hockey games when it was illegal but now since the government has taken over betting they give worse odds than the mob.
The Government taxing weed.
Al Capone got busted during the Alcohol prohibition for not paying his taxes. maybe we should all learn from history so we don't repeat another persons mistakes. Pay your taxes and stay free...
