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California pot taxes lag as illegal market flourishes
ASSOCIATED PRESS ^ | January 11, 2019 | MICHAEL R. BLOOD

Posted on 01/11/2019 11:11:52 AM PST by familyop

Industry experts say the diminished tax income reflects a somber reality: Most consumers are continuing to purchase pot in the illegal marketplace, where they avoid taxes...Newsom also recommended a sharp increase in spending for regulatory programs, although it’s an open question whether it will be enough to help steady the state pot economy. The budget recommends just over $200 million for marijuana-related activities in the fiscal year...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events
KEYWORDS: americancartel; cannabis; dopefiends; marijuana; mrleroy; organizedcrime; pot; wod
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1 posted on 01/11/2019 11:11:52 AM PST by familyop
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To: familyop

HA HA HA HA!


2 posted on 01/11/2019 11:12:14 AM PST by I want the USA back (Lying Media: willing and eager allies of the hate-America left.)
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To: familyop

Been waiting for this. Just legalize and let the govt. tax it huh?


3 posted on 01/11/2019 11:14:32 AM PST by waterhill (I Shall Remain, in spite of __________.)
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To: I want the USA back

The budget recommends just over $200 million for marijuana-related activities in the fiscal year...

Wait, I thought pot was going to raise state money.

One can only laugh to see capitalism at work on a
socialist paradise.


4 posted on 01/11/2019 11:15:29 AM PST by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: waterhill; I want the USA back

Imagine what it will be like tomorrow, with the enormous hordes fully affected and their kids from marijuana pregnancies growing to adult size.


5 posted on 01/11/2019 11:18:47 AM PST by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: waterhill

Sixteen ounces of cannabis infused mango drink is $31.

6 posted on 01/11/2019 11:21:37 AM PST by Lizavetta
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To: tet68

State of California Debt Clock
http://www.usdebtclock.org/state-debt-clocks/state-of-california-debt-clock.html

Over $462 billion. Prepare now, then sit back and watch the picture show in the very near future. It’s going to be grand indeed.


7 posted on 01/11/2019 11:22:04 AM PST by familyop ("Welcome to Costco. I love you." - -Costco greeter in the movie, "Idiocracy")
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To: familyop

Well the answer is obvious. We need even more boots on the ground to go after illegal drugs.

Meanwhile, the war on drugs continues.


8 posted on 01/11/2019 11:22:28 AM PST by Responsibility2nd
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To: Lizavetta

Well it IS organic non-gmo....


9 posted on 01/11/2019 11:24:34 AM PST by waterhill (I Shall Remain, in spite of __________.)
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To: familyop

Only California bureaucrats could manage to screw up selling drugs


10 posted on 01/11/2019 11:26:30 AM PST by RightGeek (FUBO and the donkey you rode in on)
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To: familyop

Did the increased supply with legalization drive prices down?


11 posted on 01/11/2019 11:27:33 AM PST by JimRed ( TERM LIMITS, NOW! Build the Wall Faster! TRUTH is the new HATE SPEECH.)
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To: familyop

Only an leftwing, idiot politician didn’t see this coming. LOL.


12 posted on 01/11/2019 11:32:53 AM PST by FlingWingFlyer (#NotARussianBot)
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To: familyop

So legalization is not stopping drug trafficking or drug crime?

I guess addictive drugs are different from alcohol and prohibition.


13 posted on 01/11/2019 11:41:57 AM PST by Robert357 ( Dan Rather was discharged as "medically unfit" on May 11, 1954.)
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To: familyop

no doubt the jail for having un taxed pot is going to be much higher than it was for having illegal pot. Or is untaxed pot also illegal or dealing in untaxed pot is illegal?

So before it was illegal to have pot because the government says it was harmful. Now the government says its illegal to have pot if it is untaxed because, well its untaxed.

Its hard to keep up with nanny state logic.


14 posted on 01/11/2019 11:45:58 AM PST by FreedomNotSafety
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To: familyop

Seriously: did anyone really think that when you tax something at a high rate, that a black market for the product would not exist?

Only a socialist would think that way.


15 posted on 01/11/2019 11:47:28 AM PST by Mr. Mohasky (Common sense in a world lacking any, will be perceived & construed as an extreme point of view.)
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To: familyop

Now, about that new California ammo tax...


16 posted on 01/11/2019 11:49:36 AM PST by Billthedrill
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To: familyop
I've read that many people are known to buy carloads of cigarettes in the Carolinas...where taxes are low...and bring them up I-95 to states like New York and New Jersey to make a huge profit.
17 posted on 01/11/2019 11:50:23 AM PST by Gay State Conservative (Mitt Romney: Bringing Massachusetts Values To The Great State Of Utah.)
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To: familyop

Interesting conundrum for the West coast communists.

The outcome will have major implications for the rest of the states considering legalization.


18 posted on 01/11/2019 11:58:26 AM PST by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: familyop

Better yet, grow your own.


19 posted on 01/11/2019 12:00:47 PM PST by 1Old Pro
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To: familyop

Of course it does. California is going to pot.


20 posted on 01/11/2019 12:01:17 PM PST by databoss
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