Ah, the old, "If you just lower taxes you make more money in tax revenue
argument." Armchair policy-making on this isn't so easy. This is a complicated
issue.
--dan
On 8/18/2019 7:57 PM, Bill Prince wrote:
The black market still exists because they made the taxes so high.
The cannabis coming from south of the border does not have the same (or any)
quality/potency controls.
Yes. They are worried about losing revenue.
What they don't understand (yet) is if they lower the duty/taxes on cannabis,
the legal volume will go up and make more revenue.
bp
<part15sbs{at}gmail{dot}com>
On 8/18/2019 5:14 PM, Chuck McCown wrote:
News article about some pot mixed with peppers being intercepted in San Diego.
Officials said:
Not only did they prevent the drugs from reaching our community, they also
prevented millions of dollars of potential profit from making it into the hands
of a transnational criminal organization."
The first half of that does not make any sense to me because California now has
a vested interest in these so called “drugs” from reaching the community via
official channels.
The second half seems like it is more about the state losing the profit?
How is it worth the risk to import pot into a state that has recreational pot?
Is there a market for black market pot?
--
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