Posts Tagged ‘tax’

Why Marijuana Legalization Just Makes Sense

Prop 19 didn't pass but it will be legalized eventually.

It’s time to let go of preconceived notions and take a factual look at why marijuana legalization just makes sense. The USA could not only save millions of dollars by making marijuana legal but also bring in valuable tax revenue.
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Bong Tax?

Florida says no.

It's time to fight for the right to sell pipes. So say a group of Florida smoke shop owners who are now suing to quash the state's "Bong Bill" which makes it illegal to the shops to make more than 25 percent of revenue from the sale of bongs, pipes and other smoking paraphernalia.
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Prop 19

Will it happen?

With the coming of proposition 19 on the November 2, 2010 ballot in California, there has been considerable debate over the effects that legalized marijuana could have on the state and the nation.
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Can California say NO to revenue?

History shows us that economics are the driving force behind American politics. Prior to the creation of income tax, liquor taxes accounted for one-third of the annual revenue. In 1913 the national income tax was created, turning into the most lucrative revenue source for the U.S. Though religious groups had lobbied against the right to consume alcohol for decades, it was not until 1920, largely thanks to the country's new source of revenue, when the prohibition argument was seriously considered and alcohol was outlawed with the addition of the 18th Amendment.
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