[nickcarraway]

I only hope if they do legalize it, the law prevents the federal government or state governments from taking a single cent in taxes from it.

[Red Badger]

Dream on.

The only reason they want to legalize it is so they can tax it...........

[glorgau]

I only hope if they do legalize it, the law prevents the federal government or state governments from taking a single cent in taxes from it.

Dreamer ;-)

[bleach]

That’s a pipe dream.

[joethedrummer]

“I only hope if they do legalize it, the law prevents the federal government or state governments from taking a single cent in taxes from it.“

This is exactly why they WANT to legalize it - so they CAN tax the living heck out of it - growth, processing, sales, etc..

After all, this is the US Government we’re talking about..

[outofsalt]

From the tax foundation as of 03/21
https://taxfoundation.org/state-recreational-marijuana-taxes-2021/

State Tax Rate
Alaska $50/oz. mature flowers;
$25/oz. immature flowers;
$15/oz. trim, $1 per clone

Ariz. 16% excise tax (retail price)

Calif. 15% excise tax (levied on wholesale at average market rate);
$9.65/oz. flowers & $2.87/oz. leaves cultivation tax;
$1.35/oz fresh cannabis plant

Colo. 15% excise tax (levied on wholesale at average market rate);
15% excise tax (retail price)

Ill. 7% excise tax of value at wholesale level;
10% tax on cannabis flower or products with less than 35% THC;
20% tax on products infused with cannabis, such as edible products;
25% tax on any product with a THC concentration higher than 35%

Maine 10% excise tax (retail price), $335/lb. flower;
$94/lb. trim;
$1.5 per immature plant or seedling;
$0.3 per seed

Mass. 10.75% excise tax (retail price)

Mich. 10% excise tax (retail price)

Mont. (a) 20% excise tax (retail price)

Nev. 15% excise tax (fair market value at wholesale);
10% excise tax (retail price)

N.J. (a, b) Up to $10 per ounce, if the average retail price of an ounce of usable cannabis was $350 or more;
up to $30 per ounce, if the average retail price of an ounce of usable cannabis was less than $350 but at least $250;
up to $40 per ounce, if the average retail price of an ounce of usable cannabis was less than $250 but at least $200;
up to $60 per ounce, if the average retail price of an ounce of usable cannabis was less than $200

N.Y. (a, c) $0.005 per milligram of THC in flower
$0.008 per milligram of THC in concentrates
$0.03 per milligram of THC in edibles
9% excise tax (retail price)

Ore. 17% excise tax (retail price)

S.D. (a) 15% excise tax (retail price)

Vt. (a) 14% excise tax (retail price)

Wash. 37% excise tax (retail price)

I love that Maine taxes $0.03 per seed. I suppose you could just grow your own.

[Ancesthntr]

“I only hope if they do legalize it, the law prevents the federal government or state governments from taking a single cent in taxes from it.”

---

Nice thought, but it’ll never happen. Liquor and tobacco products have been taxed since forever, and there is literally no chance that both the states and feds will fail to tax cannabis. The states where it is legal already do so. Get used to it - death and taxes are the only certainty out there. Well, that and traitorous Democrats and about half of Republicans being RINOs.