The government is simply astounding at times, I DO NOT smoke pot, BUT..I have a opinion on it.
It seems to me that in the prohibition era America spoke and wanted liquor, hence all the hiding and Gin Joints that were created.
For YEARS Pot has been a favorite of hippies and medical sales alike, so why not make these things legal.
Here is my concern as well... Escorting is thee OLDEST PROFESSION.. so what is the hold up?
Has America not spoken? Do we not he and do what we want to anyways? why doesn't the Government capitalize on this as well? Apparently the deficit is good enough they don't need the money.
I ran across this article regarding pot and the increase in funds to the Taxes,, thought I would share and show how an increase in anything currently illegal can be a benefit to taxes. Silly Government.
The state's Department of Revenue reports
that marijuana retailers sold nearly $19 million in recreational weed
in March, up from $14 million in February. The first three months of
legal weed have netted about $7.3 million in taxes, not including
medical marijuana sales taxes and licenses, which bring the number to
$12.6 million. In it's first few months, Colorado could already soon
be outpacing those historic first-day sales on a daily basis.
Retail marijuana sales taxes brought in $1.4 million in January,
$1.43 million in February and now $1.898 million in March — a clear
upward trajectory. And total marijuana tax transfers and distributions
went from $2.927 million in January to $4.077 million in March. And
perhaps more importantly, while it's still somewhat early, the
up-trending numbers indicate that initial sales weren't simply the
result of "new-toy" excitement wherein everyone was buying pot just
because they could. Coloradans wanted marijuana before, and they still
do now.
(Un)intended consequences: Over the same time period, crime in Denver has slightly declined, making opponents who said it would result in more trafficking seem kind of silly. It's created a modest number of jobs ranging from "budtending" and marijuana journalism to farm labor and ownership. (Weedmaps, a dispensary review site, grossed some $25 million in revenue in 2013.) And the state has even created a banking system
that complies with the U.S. treasury system's guidelines, clearing up
the last regulatory questions. While certain parts of the rollout, like
edible cannabis regulations, have come under question, the law seems to be operating basically as intended.
Legal cannabis sales in the United States are projected to reach as high as $2.57 billion
this year, split among the 21 states that allow the sale of some form
of marijuana. That's up from $1.53 billion a year ago. As time goes on,
the marijuana industry will grow its own stakeholders and perhaps become
a political lobby in its own right.
How it'll be spent: The Colorado legislature has
already formed a plan to spend $33 million of the marijuana taxes on
school nurses and public education on marijuana. Even Colorado cops plan
to get a chunk
of the new revenue, asking for 10-15% of the proceeds for DUI
enforcement and fighting diversion to other states and unlicensed sales.
The bulk of sales, however, continue to be in medical marijuana,
which has been legal in Colorado since 2000 and recorded $35 million in
sales in March. However, since recreational weed is more heavily taxed,
it could still rapidly outpace medical marijuana in total tax dollars.
In total, Colorado Governor John Hickenlooper projected in February that
total Colorado marijuana sales could approach $1 billion.
Of course, sales could still slow down. But the news in Colorado is
evidence that marijuana legalization can successfully generate value for
both the local economy and the government.
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