Posted on 06/05/2019 9:28:02 AM PDT by aimhigh
Cannabis businesses owe millions in overdue taxes to the Oregon Department of Revenue. The latest numbers show 176 businesses owe a total of $15.7 million. . . .
The Oregon Department of Revenue says the top 10 businesses with outstanding balances owe more than $600,000 each.The problem is getting worse. Since July the total owed to the state has gone up by $3 million. The Oregon Liquor Control Commission says it does not have the ability to immediately pull licenses like its counterparts in Washington and Colorado. That's because the tax money is collected by the Department of Revenue and not the OLCC.
(Excerpt) Read more at kval.com ...
Daves not here!..
Problem is that they may be dealing with people that have not run a successful business before.
It kinda reminds me of that movie, “Middle Men”.
But this could be a case of “you can’t get blood out of a turnip”. The state may have no recourse but to shut down the businesses and ruin some people’s lives to prevent it from becoming ongoing.
The stoner somehow forgot...
Uh, the check is in the mail.....HAHAHAHAHAHA....
Oh yea man...the taxes
Chill out. Their buzz is being harshed, man.
Needs Oregon ping.
Yeah, Oregon state lawmakers, how is that revenue flow to the state coffers working out for you?
Dealing in any habituating drug, legal or not, invites in the criminal element, and if there is a matter of money to be made by taking a few shortcuts, the termites will flock to the feast.
WAY back in the day, when Speakerlab went from a small startup to a huge business, I was a hi-fi salesman. One of my buddies worked at their U district store on Roosevelt (Seattle) and he said that once one of the owners’ wife came in, with white powder smears around her nose, opened the cash register, and just grabbed a wad of cash and headed out.
When you go from being broke kids to suddenly having a lot of money, well, you might become Keith Moon. ;)
The money went up in smoke, mam. Just chill.
Ore-gone.
I thought though that cannabis would be a booming business?
If so, then what happened to liberals love of sharing money with others?
Oh yea man...the taxes!
They were going to pay the tax but they forgot...
Because I Got High
https://www.youtube.com/watch?v=Xxz2m7BFBrU
“Damn, that was the cops. They said face the wall and put our hands up. They’ll be here in 15 minutes..”
Hahahahahahahahahahahahahahaha!
Bong Out Loud?
I don't understand why the State ever expected to collect most of the taxes without an abnormal amount of oversight and effort.
Many of those places started day one planning to bust out the legal sales outlet when the taxman came after them and on the shelf have a plan for opening another one under other names.
JMHo
My word but I despise politicians.
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