Posted on 12/05/2021 7:42:42 PM PST by ameribbean expat
San Francisco Supervisor Rafael Mandelman, the ordinance's author, said in a statement suspending the business tax on cannabis will help support legal cannabis retailers as they struggle to compete with illegal cannabis sellers.
(Excerpt) Read more at thenationaldesk.com ...
Well, the important thing is to make sure that the general population is placid and confused and easily controlled.
This sounds fair. The police there aren’t doing their jobs, so, there’s no need for taxes to pay for them.
I always thought the end game of legalization was just to get the law off the backs of people that smoked weed. The taxation schemes were just the window dressing necessary to sell the idea to the fence-sifters.
If government ran crime, crime wouldn’t pay...
Just like the oil cartel, drug cartels can run prices down so low to put CBD out of business. They have billions in other drugs and can weather out that storm. Cutting taxes will do nothing to stop them.
Rule by decree.
“Sadly, the illegal market is flourishing by undercutting the prices of legal businesses, which is bad for our economy as illegal businesses pay no taxes while subjecting workers to dangerous conditions and consumers to dangerous products. Now is not the time to impose a new tax on small businesses that are just getting established and trying to compete with illicit operators.”
Hm…but they are still a sanctuary city for illegals doing the same thing. Cognitive dissonance to the infinite power.
. . . uh . . . wouldn’t the better solution be to jack up taxes on illegal drug dealers instead? </s>
Under the Leftist Progressives; only Evil under the Sun.
The cost of gram of pot in Canada was $10 since the 1980s... When the Government legalized it to make millions from taxes... They sold pot for about $10 a gram, plus taxes of 15%... The illegal pot dealers dropped their prices to $5 gram and less... You can now buy an illegal pound for about $400... That’s less than a dollar a gram... And the illegal dealers are still making money. It doesn’t cost much to grow pot... But the government invested in the legal pot industry... Giving them tens of millions of dollars, and selling their ‘legal’ pot at their legal stores... But it’s gone up in smoke, so to speak. The legal pot companies are bleeding money and going bankrupt and the government sanctioned stores are losing money and costing more and more tax dollars... They aren’t making any money.
The illegal pot trade is bigger than ever now... Volume, volume, volume. The more you sell, the cheaper it is to make and the more you make selling it.
lol...this headline highlights the stupidity of the marijuana legalization idiots.
Ha!
Remember all the argument that it would put dealers out of business and collect scads of tax revenue.
Maybe switch to vending machines. USDA approved of course.
Marijuana is legal. Mission accomplished.
The Left taking a pass on a tax!
Wow!
It was a day of days!
Not surprisingly, we have the same issue in Washington State.
“Well, the important thing is to make sure that the general population is placid and confused and easily controlled.”
Excellent! Exactly! Legal drug stupor creates a compliant citizenry primed to accept growing authoritarianism.
The best article that I read show how the newly-legalized pot dealers had to deal with California’s business regulations, which was killing them. It was hysterical, since virtually all of those dealers had spent their lives voting for and financing the party that was now driving them broke.
So, lowering taxes helps businesses? Good to know.
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