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RE: Illinois Lawmakers Discuss Cannabis Legalization at Public Hearing in Chicago
Isnt taxing cannabis for good causes such a great concept!! Cannabis really does heal the nations, not only by smoking it, but also the revenue can bring in good money and fix whats broken. Im so hopeful everyone gets on board. Especially since most cannabis dollars produced is usually local. Its a win win for everybody! And if anybody still thinks there is negative consequences to legalization, man they just need to go move to Lousiana or maybe even the Philippines. Always love your content @marksheppard.
Thanks! And yeah, as long as we have a system with taxes and budgets and everything, it'd foolish to leave all cannabis sales to the black market, where there are no taxes.
It’s funny over here in cali. Before legalization every body was like “tax my cannabis “ now it’s legal and everybody be saying “wtf are these taxes!” 😂😂
I think that’s part of the problem with using the allure of tax money to promote legalization. Some people were quick to mention the tax revenue that could be collected because it made legalization more appealing to those sick with reefer madness. At the end of the day, I don’t think most people actually think the high tax rates on it are fair.
I like to think that once we see a federal lift on the prohibition of cannabis that we will then have a chance at a fair taxation rate. As it stands right now the taxes are a little gouging... especially to the bud toker that aint got 5 extra bucks... Peace