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'Really Dire': California Pot Tax Revenue Falls for 7th Straight Quarter
KSBW ^ | Jun 13, 2023 | Lester Black

Posted on 06/13/2023 1:21:59 PM PDT by nickcarraway

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To: dragnet2

I believe the majority of people are to lazy to do that. How many people do you see with vegetable gardens?


41 posted on 06/13/2023 2:12:15 PM PDT by nickcarraway
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To: nickcarraway

As usual, you have no clue.


42 posted on 06/13/2023 2:16:06 PM PDT by dragnet2 (Diversion and evasion are tools of deceit)
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To: Hambone 1934

The government decided that they’d regulate the crap out of the industry. Whereas there was already a well-established and bureaucrat free, tax free production and distribution system that was extremely efficient. Years ago the IRS won a lawsuit for unpaid taxes against the oldest running whore house in the nation, The Mustang Ranch. The IRS decided they’d run The Mustang Ranch until they got the money they said they were owed. It went bankrupt after almost 200 years in operation. It took only months for the IRS mismanagement to run it into the ground. A senator commented, “the government can’t make money selling pu$$y and beer.” Those two things sell themselves, until the government steps in to help.


43 posted on 06/13/2023 2:21:25 PM PDT by Gen.Blather (Wait! I said that out loud? )
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To: jimwatx

More grow at home then buy these days.


44 posted on 06/13/2023 2:22:52 PM PDT by SPDSHDW (Ron DeSantis. The latest GOPe champion in a long list of winners. Jeb! Mitt Romney, and John McStain)
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To: Red Badger
Pot usage hasn't diminished in California, just legal pot that pays taxes.

My daughter and family were out there recently to visit family. They checked into an upscale hotel. Their room reeked of MJ. When they complained, the manager on duty replied sardonically "You know it is legal here now?"

My daughter replied "So is tobacco, but when you reserve a no smoking room, you expect it to be as advertised!" They had to leave and find another place.

I guess MJ has special rights in California that tobacco does not.

45 posted on 06/13/2023 2:24:40 PM PDT by Vigilanteman (The politicized state destroys aspects of civil society, human kindness and private charity.)
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But, but, but they said it would pay eleventy billion dollars to like schools and stuff or something


46 posted on 06/13/2023 2:28:08 PM PDT by dsrtsage ( Complexity is just simple lacking imagination)
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To: nickcarraway

I don’t know the economics or how to grow pot, but I assume it’s thousands of dollars to buy pot each year and about as hard to grow pot as any given flowering plant.

I bet a lot of people do it. Heck, other college kids did it when I was at MIT and that was . . . A long time ago.


47 posted on 06/13/2023 2:29:04 PM PDT by Jewbacca (The residents of Iroquois territory may not determine whether Jews may live in Jerusalem.)
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To: nickcarraway; fireman15

California: so bad, even the potheads can’t stand living there anymore. Hopefully, they won’t bring their atrocious voting habits to Florida and other good states.


48 posted on 06/13/2023 2:30:01 PM PDT by Tolerance Sucks Rocks (FBI out of Florida!)
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To: wildcard_redneck

Barky famously once said “It’s the right thing to do” when someone smarter than he pointed out higher tax rates actually reduce, not increase, government revenue.

Taxes are seen as punishment for the little guy, or just desserts, or some damn thing like that. Leftism is based on many things, though envy is apparently key component. In their view, wealth can not be created, it is a fixed quantity and cannot be increased or decreased, merely re-distributed.

And by golly, they are the ones they have been waiting for, they are just the ones to be doin’ all that re-distributin’.

I know tobacco taxes are high, but other than NYC and people selling “loosies” I’ve never seen nor heard or been tempted to purchase un-taxed cigarettes.

I’d think at the confiscatory tax rates levied it would be a huge market. I don’t smoke, so maybe I don’t know the right people.

“Why, that’d be just like cheating the government!!” (Bonus points to anybody who knows what movie, and actor, uttered this line. Great moment in cinema

It looks a lot like the state governments look at the weed business as an inexhaustible source of free money. Doesn’t work that way. Who knew? Get this- they are dumber than POTHEADS.


49 posted on 06/13/2023 2:39:33 PM PDT by Freedom4US
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To: Red Badger

Let’s look at the numbers.

15% excise + 7.25% state + 1% or 2% local, county, etc whatever = “F THAT, I AIN’T PAYIN’THAT!!!”

It’s really a mystery how that could happen.


50 posted on 06/13/2023 2:43:37 PM PDT by Freedom4US
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To: ComputerGuy

FFFB


51 posted on 06/13/2023 2:48:14 PM PDT by calljack (Sometimes your worst nightmare is just a start.)
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To: nickcarraway

There was a time in my life when I was for drug legalization. My argument for it was that it allows for market regulation and corporate responsibility. What I did not consider is that governments are greedy and would tax the legal markets out of business, even if the corporate sellers didn’t price themselves out of it on their own. So defeats the purpose.

And, yes, the vast reasons against legalization were evident to me, such as social / legal endorsement, advertising effects, and normalization. What I see now is that legalization merely empowers the same characters and the same impulse, so, frankly, it doesn’t matter.

But the largest case against legalization is evident now: it empowers the worst of both worlds.


52 posted on 06/13/2023 2:49:59 PM PDT by nicollo ("I said no!")
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To: nickcarraway
How was Woody Allen punished. I don’t think so.

One would think that being Woody Allen would be punishment enough.

53 posted on 06/13/2023 2:50:44 PM PDT by IYAS9YAS (There are two kinds of people: Those who can extrapolate from incomplete data.)
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To: nickcarraway

I have a good friend in CA who grows pot for a living and has done so for 49 years. While I don’t like his choice of profession, he’s a based dude and a good businessman. Years ago I asked him if he was concerned about CA legalizing pot and if he’d have to above board with his all cash business. He just laughed and said we can do it cheaper, and that government isn’t opening any new markets anyway given pot had been de facto legal for the last 20 years. He’s still thriving and raking in the cash. Oh, and employs about 20 people….


54 posted on 06/13/2023 2:57:47 PM PDT by Skid289 (In theory, theory and practice are the same. In practice, they are not. )
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To: nickcarraway

I have a good friend in CA who grows pot for a living and has done so for 49 years. While I don’t like his choice of profession, he’s a based dude and a good businessman. Years ago I asked him if he was concerned about CA legalizing pot and if he’d have to above board with his all cash business. He just laughed and said we can do it cheaper, and that government isn’t opening any new markets anyway given pot had been de facto legal for the last 20 years. He’s still thriving and raking in the cash. Oh, and employs about 20 people….


55 posted on 06/13/2023 2:58:14 PM PDT by Skid289 (In theory, theory and practice are the same. In practice, they are not. )
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To: Skid289

Does he grow it on public land?


56 posted on 06/13/2023 2:59:09 PM PDT by nickcarraway
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To: nickcarraway

Those legal weed growers just need to get out the bong and get high. Like, CHILL dude.


57 posted on 06/13/2023 3:00:29 PM PDT by John Milner (Marching for Peace is like breathing for food.)
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To: frank ballenger

Taxes are not directly proportionsl to use. Californians can grow a buttload of weed for themselves, and to give away, or sell illegally. I’d wager use is probanly up, ghough taxes have slumped.


58 posted on 06/13/2023 3:01:50 PM PDT by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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To: Hambone 1934

Black market means no taxes.


59 posted on 06/13/2023 3:05:00 PM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
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To: ComputerGuy

That’s a quaint reminder of days gone by. Are there times of no dope, these days?


60 posted on 06/13/2023 3:05:05 PM PDT by gundog (It was a bright cold day in April, and the clocks were striking thirteen. )
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