Showing posts with label taxes. Show all posts
Showing posts with label taxes. Show all posts

Tuesday, August 4, 2009

Will legalized pot bail out California?

There are several efforts underway to legalize marijuana and use the tax proceeds to balance California's upside-down budget. They tax everything else in California. Why not pot?

State officials say legalizing marijuana could add $1.4 billion a year to the state treasury. The idea is supported by 56% of California voters, according to a poll taken in April. But there's a huge gap between what people tell pollsters and what they'll actually do on the issue when they go into the polling both on election day.

There are at least two marijuana initiatives trying to get on the California ballot, and a San Francisco lawmaker has a bill that would tax marijuana.

You gotta be on dope to support this. This state doesn't need anymore impaired people trying to cope. It's bad enough with all the alcohol problems. Can you imagine all the people driving cars on pot while texting their friends and putting makeup on at the same time?