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Voltaire2

(12,610 posts)
Fri Oct 25, 2019, 07:50 PM Oct 2019

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.

If I were to vote in a presidential
primary today, I would vote for:
Undecided
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Bernie Sanders wants to pile $50 billion from legal marijuana tax revenue into business grants (Original Post) Voltaire2 Oct 2019 OP
extreme pot taxes will hurt legal dealers and the cartels will undercut them nt msongs Oct 2019 #1
Very high taxes on cigarettes in northern states like NJ, NY, CT, etc. has created quite a large.... George II Oct 2019 #2
Ok. Voltaire2 Oct 2019 #3
Look at the state taxes people out west pay on weed tishaLA Oct 2019 #4
 

msongs

(67,193 posts)
1. extreme pot taxes will hurt legal dealers and the cartels will undercut them nt
Fri Oct 25, 2019, 07:59 PM
Oct 2019
If I were to vote in a presidential
primary today, I would vote for:
Joe Biden
 

George II

(67,782 posts)
2. Very high taxes on cigarettes in northern states like NJ, NY, CT, etc. has created quite a large....
Fri Oct 25, 2019, 08:01 PM
Oct 2019

....bootlegging industry from the Carolinas.

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

Voltaire2

(12,610 posts)
3. Ok.
Fri Oct 25, 2019, 08:05 PM
Oct 2019

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 don’t 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:
Undecided
 

tishaLA

(14,176 posts)
4. Look at the state taxes people out west pay on weed
Fri Oct 25, 2019, 08:49 PM
Oct 2019

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
primary today, I would vote for:
Undecided
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