General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsA guaranteed way to make Republicans support legal weed
Marijuana legalization will lead to tax cuts.
How it works:
1) Marijuana is popular.
2) http://money.cnn.com/2017/07/19/news/colorado-marijuana-tax-revenue/index.html
The state of Colorado is pulling in about $200 million per year in pot tax revenue.
3) Theres no way to say how much revenue will be had at the federal level from pot tax...not everyone who drinks will change to weed, and not everyone who smokes weed will stop drinking. But lets take the same wild stab the GOP does when it does Laffer Curve supply side job creation estimates and say weed will produce $10 billion in federal tax revenues per year, plus pay for itself by funding the social costs of pot use. (Alcohol taxes do not come close to funding the social costs of alcohol use.)
4) Because revenue neutrality is the GOPs mantra, every dollar gained by taxing pot will have to be offset with a tax cut in another part of the government.
Republicans will sell their own mothers for a tax cut.
no_hypocrisy
(46,182 posts)find legal weed to be too competitive with their products. If the donors say "Kill the weed," their commands will be respected.
marylandblue
(12,344 posts)Once it's legal in all 50 states, they probably will.
jmowreader
(50,562 posts)Be real: if you were a medical marijuana customer, would you rather have product from a company that makes the other 25 meds youre on, or product from a company you havent heard of before?
There is absolutely no reason why the pharma companies cant get into the MMJ market, and even less reason why the alcohol industry or the tobacco industry cant own the recreational market.
PJMcK
(22,048 posts)Republicans dont have mothers. They are created in Petri dishes.
MiniMe
(21,718 posts)That would guarantee that they would support it.
Motley13
(3,867 posts)The Genealogist
(4,723 posts)He'll be behind it faster than greased lightening.