Cable, Marvin 1/1/1997 - 31/12/2024
Found: 1Shown: 1-1 Page: 1/1
Detail: Low  Medium  High    Sort:Latest

1 US MA: PUB LTE: Pot Would Be TaxedTue, 28 Apr 2015
Source:Boston Herald (MA) Author:Cable, Marvin Area:Massachusetts Lines:34 Added:04/29/2015

No one expects the Herald to endorse the repeal of marijuana prohibition and its replacement with a legal framework in which adults may responsibly cultivate the plant and engage in commercial activities ("The fine print on marijuana," April 20). So the polemic was expected.

The Herald doubts the proposal will eliminate a black market, based upon the experience in other states. But in those cases legalization has entailed both excessive taxes and compliance costs.

The Herald also complains that there is no "pot tax" in the draft law. Its silence on that topic means that sales would be subject to the 6.25 percent sales tax (though under some circumstances it may fall within one or more of the exemptions to that tax). Suppression of the black market may require imposing a lower excise tax, perhaps, a fixed-rate tax per unit similar to Massachusetts ' current tax on alcoholic beverages, collected by producers, surprisingly among the lowest in the nation.

Marvin Cable, Northampton

[end]


Detail: Low  Medium  High   Pages: 1  

Email Address
Check All Check all     Uncheck All Uncheck all

Drugnews Advanced Search
Body Substring
Body
Title
Source
Author
Area     Hide Snipped
Date Range  and 
      
Page Hits/Page
Detail Sort

Quick Links
SectionsHot TopicsAreasIndices

HomeBulletin BoardChat RoomsDrug LinksDrug News
Mailing ListsMedia EmailMedia LinksLettersSearch