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Old 12-28-2014, 05:11 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,837,011 times
Reputation: 6438

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Colorado Marks 1 Year Of Legal Pot Sales Next Week « CBS Denver
Man, it's almost like people really want this stuff.
Compare that with the taxes from booze per month. Dude, that's some serious bank.

https://www.colorado.gov/pacific/rev...r-excise-taxes
Amazing what a crappy economy can do when you need money in the coffers.

The Politics of Prohibition - Reason.com
What happened in 1930 that suddenly gave the repeal movement political muscle? The answer is the Great Depression and the ravages that it inflicted on federal income-tax revenues.
From 1930 to 1931, income-tax revenues fell by 15 percent.
In 1932 they fell another 37 percent; 1932 income-tax revenues were 46 percent lower than just two years earlier. And by 1933 they were fully 60 percent lower than in 1930.
With no end of the Depression in sight, Washington got anxious for a substitute source of revenue......
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Old 12-28-2014, 05:14 PM
 
56,988 posts, read 35,215,209 times
Reputation: 18824
Nice. If they were smart about it, it could be much more.
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Old 12-28-2014, 05:15 PM
 
45,232 posts, read 26,457,645 times
Reputation: 24993
It should be decriminalized, but its a shame the state is profiting after persecuting so many for so many years for doing the same thing.
Governments dont need anymore money and they sure dont need to be regulating plants or what we put in our bodies.

Quote:
Originally Posted by desertdetroiter View Post
Nice. If they were smart about it, it could be much more.
You say it like its a good thing that the people are $4.7 million poorer for it.
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Old 12-28-2014, 05:23 PM
 
Location: Colorado Springs, CO
307 posts, read 246,117 times
Reputation: 1158
Hopefully other States will see the opportunity to make money and follow.
Hurray for personal freedoms
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Old 12-28-2014, 08:05 PM
 
9,470 posts, read 6,972,625 times
Reputation: 2177
Quote:
Originally Posted by LostintheMatrix View Post
Hopefully other States will see the opportunity to make money and follow.
Hurray for personal freedoms
Every dollar that the government collects is one dollar of freedom the citizens lost.

Tax revenues aren't freedom. They are slavery.
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Old 12-28-2014, 08:36 PM
 
Location: Eastern Colorado
3,887 posts, read 5,749,491 times
Reputation: 5386
Quote:
Originally Posted by desertdetroiter View Post
Nice. If they were smart about it, it could be much more.
Agreed, the state legislature put a 25% tax on it, and wonder why the black market is going so strong and their projections are higher than actual amount they have collected. The got greedy and it is hurting their revenue.

Quote:
Originally Posted by pnwmdk View Post
Every dollar that the government collects is one dollar of freedom the citizens lost.

Tax revenues aren't freedom. They are slavery.
While I normally fully agree that any tax is bad, if it takes taxes on marijuana to take it out of drug cartel hands and put it in normal business owners hands than I am okay with it. Although the state should have been smarter and kept the tax around 10% like many experts were telling them.
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Old 12-28-2014, 09:10 PM
 
48,502 posts, read 96,877,697 times
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Just think what they could do with Cocaine if that's the measure. The cartel will just push black market with no tax; you kidding.Which do you think you local stoners are going to buy?
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Old 12-28-2014, 09:27 PM
 
13,303 posts, read 7,873,743 times
Reputation: 2144
Quote:
Originally Posted by pnwmdk View Post
Every dollar that the government collects is one dollar of freedom the citizens lost.

Tax revenues aren't freedom. They are slavery.
So . . . What does the Colorado law say about growing your own?
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Old 12-28-2014, 09:58 PM
 
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,837,011 times
Reputation: 6438
Quote:
Originally Posted by texdav View Post
Just think what they could do with Cocaine if that's the measure. The cartel will just push black market with no tax; you kidding.Which do you think you local stoners are going to buy?
Skunk weed or something decent? Weed with 1000 times the pesticides and maybe laced with something to make you go insane? I'm sure they will choose the cheapest one, naturally. Then they will all die and leave only those who chose the safer option. Actually, I have no idea, since I don't smoke pot.

Who buys regulation booze anymore? You can just buy some 'shine or make it yourself. Right?
No one buys that crap in a store. The cartels will just be running booze.

Wait a minute.....
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Old 12-28-2014, 10:07 PM
 
48,502 posts, read 96,877,697 times
Reputation: 18304
They have been smoking it for decades by choice. I do admit its a stupid thing to do;either without proven medical benefit like any drug.
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