Oakland Passes Marijuana Tax
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| Thu, 07-23-2009 - 10:31am |
Legalise & tax all marijuana.
http://www.politicsdaily.com/2009/07/22/oakland-passes-marijuana-tax/
In an attempt to ease the economic pain caused by the recession, the Oakland, Calif., City Council has passed a 1.8 percent tax on medical marijuana sold within city limits. An estimated 200,000 California residents use marijuana for medical purposes, and they already pay a state sales tax on their purchases. So how much revenue could the new tax bring to the cash-strapped city? Via The Wall Street Journal:
A city tax on medical marijuana could generate at least $400,000 and perhaps more than $1 million annually, said Rebecca Kaplan, the Oakland City Council member who pushed the proposal.
Sounds good, but that will make only a small dent in the estimated $83 million budget gap that Oakland faces for the coming year.
A bill has also been introduced in the California legislature that would levy a $50 per ounce tax on medical marijuana sold statewide. If it passes, that measure could raise as much as $1.3 billion.



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I guess I never paid any attention that other areas besides Texas was pummelled by Ike.
Glad everyone came through it ok.
This is O/T, but it really ticks me off!
"...that MEDICINAL uses of marijuana should be legalized and they wouldn't mind paying a little extra in taxes if it will help out the city of which they buy it"
I agree.
Welcome to the board. :)
I don't think the issue is whether medicinal users are willing or able to pay it but that it's medicinal and I don't think we should tax that any more than taxing an epidural during pregnancy. Sure, I would have paid the moon in taxes for it but is it right? I'd rather see a tax on twinkies than a tax on medicine.
I loved living in California (lived in LA, Monterey and Alameda) and would have loved to settle there but the $800,000 for a 1000 sq foot ranch was cost prohibitive. We couldn't even CHOOSE to live there because we couldn't afford it.
I was taking care of a little girl when Katrina hit. She was very upset about it. I told her not to worry we don't live near an Ocean. We don't have hurricanes. Goes to show you what I know!
We had an arsonist that burned down 3 old building here. It's still sad to see where they once stood.
I don't think the issue is whether medicinal users are willing or able to pay it but that it's medicinal and I don't think we should tax that any more than taxing an epidural during pregnancy.
I agree.
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