Tax Generating Revenue?
I don't think that the money raised by the legalization of pot is going to be as much as people think? It will be taxed at an extremely high rate and the number of locations that it will be available will be limited thus most people are probably not going to buy it through the "legal" outlets. If it stays legal, it will be taxed at 25% in the state of Washington. It will be interesting since it is federal law trumps state law...
Last edited by MacDice; 11-15-2012 at 03:27 PM.
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