Re:Washington voters approve legalized marijuana
by marshray on Wednesday November 07, 2012 @09:28AM
(#4753469)
The problem with taxing something you don't like is the government quickly becomes dependent on the revenue and ends up having a perverse incentive to promote it.
My guess is the medical prescription nature of marijuana in California probably inflates its price 10x.
Re:Washington voters approve legalized marijuana
by stephengillie on Wednesday November 07, 2012 @09:44AM
(#4753527)
We just deregulated alcohol last year -- meaning the WA liquor control board stores shut down and we can purchase from grocery stores, with a $2.85 tax per 750ml, on top of the 10% sales tax.
The justification is that this will funnel more money into the state's general fund.
And the nickname "weed" is apparently appropriate -- growers tell me it's a hearty crop.
Re:Washington voters approve legalized marijuana
by agrona on Wednesday November 07, 2012 @01:53PM
(#4754642)
In WA, the Sales tax on liquor is 20.5% (plus the per-liter tax)
Re:Washington voters approve legalized marijuana
by drivebyacct2 on Wednesday November 07, 2012 @07:54PM
(#4756021)
I was about to say, having lived there over the summer and headed back shortly, I wish I paid a 10% sales tax on alcohol.
That's $9000/kg. For comparison the price of Gold appears to be roughly $55000/kg.
If you're right about it being as easy to grow as cabbage, then I think it could be taxed quite a lot...