Is it possible to receive money during decadence period? And probably the only possible way out of a situation is to turn illegal business into government control and charge a tax. Our largest state in the nation is considering doing just that, Time reports:
As you remember last month Ammiano put a proposal concerning pot legislation and lodge the state with powers to regulate all the processes connected with it and raise a tax from its selling. Need it to say that the idea is enough reasonable because pot is California's biggest cash crop, which brings somewhere $14 billion a year in sales. Even the second most profitable type of activity- agricultural commodity and milk and cream - brings in $7.3 billion a year, as to believe the most recent USDA statistics.
The state's tax collectors estimate the bill would bring in about $1.3 billion a year in much needed revenue, offsetting some of the billions of dollars in service cuts and spending reductions outlined in the recently approved state budget.
Well, in any case it might lead to more tax revenue. Everyone understands that drug prohibition stimulates that people address to the lucrative black market- hanker after forbidden fruit.
Therefore California would not only be able to tax the widespread of marijuana. It is inevitable that there will be enough gimcrackeries to tax as would-be drug dealers start legitimate businesses. |