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Fri Oct 25, 2019, 07:50 PM

 

Bernie Sanders wants to pile $50 billion from legal marijuana tax revenue into business grants


Bernie Sanders releases a plan to legalize marijuana nationwide, expunge certain marijuana convictions and invest in grants to boost communities disproportionately affected by current drug laws.

https://www.cnbc.com/2019/10/24/bernie-sanders-unveils-legal-marijuana-plan-in-2020-democratic-primary.html

Actual proposals to address the damage that the war on drugs has inflicted disproportionately on African American communities.

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Reply Bernie Sanders wants to pile $50 billion from legal marijuana tax revenue into business grants (Original post)
Voltaire2 Oct 2019 OP
msongs Oct 2019 #1
George II Oct 2019 #2
Voltaire2 Oct 2019 #3
tishaLA Oct 2019 #4

Response to Voltaire2 (Original post)

Fri Oct 25, 2019, 07:59 PM

1. extreme pot taxes will hurt legal dealers and the cartels will undercut them nt

 

If I were to vote in a presidential
primary today, I would vote for:
Joe Biden

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Response to msongs (Reply #1)

Fri Oct 25, 2019, 08:01 PM

2. Very high taxes on cigarettes in northern states like NJ, NY, CT, etc. has created quite a large....

 

....bootlegging industry from the Carolinas.
If I were to vote in a presidential
primary today, I would vote for:
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Response to msongs (Reply #1)

Fri Oct 25, 2019, 08:05 PM

3. Ok.

 

The Sanders plan did not include a proposed tax rate for legal marijuana sales or an estimate for annual revenue raised. A study released last year by New Frontier Data estimated legal marijuana nationwide would generate about $132 billion in tax revenue over a decade. It based the figures on a 15% retail sales tax along with other business-related taxes, according to The Washington Post.

I donít think that is extreme.

Nor is safe regulated reasonably taxed pot going to do anything other than get the criminals out of the pot business.
If I were to vote in a presidential
primary today, I would vote for:
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Response to Voltaire2 (Original post)

Fri Oct 25, 2019, 08:49 PM

4. Look at the state taxes people out west pay on weed

 

additional taxes on weed would make medical weed unaffordable to those who need it. It's a backdoor way to empower cartels and street dealers.
If I were to vote in a presidential
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