Results 1 to 10 of 29
Threaded View
-
01-24-2010, 10:44 PM #11
Senior Member
NM Senator Proposes Medical Pot Tax
Not having any idea what the costs involved for patients are (still awaiting to discuss entering the program with my doctor at our next visit since he brought the subject up), I think there could be pro/cons of the tax. More cons IMO but I am pondering this subject.
Playing Devil's advocate here:
Any business will pass on taxes/excise fees/operating costs/licensing fees/ etc...on to the consumer. This would make the end product for the customer more expensive.
NOW...I do agree with Bedrockbob that by taxing MMJ in a REASONABLE fashion, would probably help legitimize AND make the popularity (if you could call it that) more palatable to people in the legislature. The key, for the folks on the consumer end, would be that the tax would have to be relatively small...say a percent or two.
As the number of MMJ patients grows, the amt of funding going to the state (and we all know it won't be used for this program :wtf
would increase as well. It would also be a SEPARATE line of revenue to the state that is NOT part of the sales tax already collected.
If you follow the logic here, since there would be a SEPARATE source of revenue for the state, not many politicians would be keen on cutting this because of the revenue obtained.
This 'may' help such a newly approved program gain more support from legislators, and perhaps prevent it's discontinuation in the future. (God forbid!)
SIDE NOTE: The amt of the excise tax proposed is preposterous in my book. I also agree with JohnMoad that MEDICINE should NOT be taxed. I am just thinking out loud on the subject. I am NOT a fan of excessive taxation by any stretch of the imagination, but I want to ensure that this program is NOT removed at some point in the future.
Advertisements
Similar Threads
-
Illinois senator working to legalize medical marijuana
By Psycho4Bud in forum Medical Marijuana NewsReplies: 9Last Post: 04-04-2008, 08:18 AM -
Palm Springs' attorney proposes medical marijuana co-ops
By Psycho4Bud in forum Medical Marijuana NewsReplies: 1Last Post: 03-18-2008, 04:28 AM -
South Carolina proposes medical marijuana bill
By Lethal G in forum LegalReplies: 16Last Post: 04-29-2007, 04:58 PM -
Write to the senator regarding medical mj bill
By chibuds773 in forum Illinois (IL)Replies: 4Last Post: 03-19-2006, 12:09 PM










Register To Reply
Staff Online