HB 26-12: The Taxing Cannabis Act of 2020 (Failed) (user search)
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  HB 26-12: The Taxing Cannabis Act of 2020 (Failed) (search mode)
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Author Topic: HB 26-12: The Taxing Cannabis Act of 2020 (Failed)  (Read 1346 times)
Bleach Blonde Bad Built Butch Bodies for Biden
Just Passion Through
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Norway


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« on: October 02, 2020, 02:45:53 AM »

While I normally like waiting for the sponsor to advocate on bills before commenting, I would like to point out that, speaking at least for Frémont, we've already levied sin taxes on marijuana and various other legal substances. Under this bill, people who buy weed in Frémont will be double-taxed, and that especially makes it harder for us to consider raising our already-existing sin taxes to make up for our budget shortfall.

Also keep in mind that when something is overtaxed (particularly with a 15% federal baseline!), it still finds its way to the black market as if it were simply illegal. The exact same thing happened in NYC with "loose cigarettes".
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Bleach Blonde Bad Built Butch Bodies for Biden
Just Passion Through
Atlas Legend
*****
Posts: 45,477
Norway


P P P

« Reply #1 on: October 07, 2020, 07:58:08 PM »
« Edited: October 08, 2020, 12:35:47 AM by Scott🦋 »

Please kill this bill. If you don't want cannabis to go back to being a black market commodity that's sold illegally to dodge taxes, and if you don't want to restrain the ability of regions to raise their own cannabis taxes to balance their budgets, vote this bill down.
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Bleach Blonde Bad Built Butch Bodies for Biden
Just Passion Through
Atlas Legend
*****
Posts: 45,477
Norway


P P P

« Reply #2 on: October 17, 2020, 02:07:59 AM »

I thank the members of the House for making the right call.
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