Re:Colorado Pot Tax Proving More Lucrative Than Expected
by chimeracoder on Saturday February 22, 2014 @03:05PM
(#7283376)
> I'm not arguing additional tax money is bad, but we shouldn't pretend this will product a windfall of available money for the Colorado school systems.
Nobody is - the point is that any attempt to repeal the law down the line can be viewed as a cut to the education budget.
The point of the clause is not to generate revenue for the school system; it's to create political friction against reversing the law.
Re:Colorado Pot Tax Proving More Lucrative Than Expected
by dinkumthinkum on Saturday February 22, 2014 @08:09PM
(#7284493)
Are you under the impression that attempts to cut education budgets, especially direct ones, always fail?
Won't this end up like lottery funding "education" in most states? [1] A guaranteed $40M in funding to schools means the legislature will simply reduce funding by $40M and move the balance around the general fund to other initiatives.
I'm not arguing additional tax money is bad, but we shouldn't pretend this will product a windfall of available money for the Colorado school systems.
[1] http://www.washingtonpost.com/blogs/answer-sheet/post/mega-m...