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07-16-2009, 08:06 PM #1Senior Member
Taxing Pot Would Genearate $1.4 Billion in California, says State Board
Right, take something that has been maligned for approximately 70 years, then turn around and want a $50 an ounce tax. Just proves our elected officials are crazier then bat shit. They are just looking for new victim's blood to suck in their fiscal vampireism.
gypski Reviewed by gypski on . Taxing Pot Would Genearate $1.4 Billion in California, says State Board well, at least they admitted it: President Obama, Governor Schwarzenegger and other esteemed politicos may routinely distance themselves from the potential windfall that would accompany legalizing and taxing cannabis, but amid California's latest and deepest financial crisis the state Board of Equalization has tagged a whopping revenue figure to such a notion. As Eric Bailey blogs on the LA Times' L.A. Now site, "a tax on pot sales in California could fetch as much as $1.4 billion, Rating: 5
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