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RE: Illinois Lawmakers Discuss Cannabis Legalization at Public Hearing in Chicago

in #cannabis7 years ago

I think that’s part of the problem with using the allure of tax money to promote legalization. Some people were quick to mention the tax revenue that could be collected because it made legalization more appealing to those sick with reefer madness. At the end of the day, I don’t think most people actually think the high tax rates on it are fair.

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I like to think that once we see a federal lift on the prohibition of cannabis that we will then have a chance at a fair taxation rate. As it stands right now the taxes are a little gouging... especially to the bud toker that aint got 5 extra bucks... Peace