Posted by: TheHolyGrail
Posting time: 3 years ago on 11/28/2017 8:02:00 PM
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Archived on: 2/27/2018 10:00:00 AM
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Archived A new report predicts legalizing weed could generate the equivalent of North Korea's GDP in taxes (uk.businessinsider.com)
submitted 3 years ago by TheHolyGrail
[–] derram 0 points 0 points 0 points (+0|-0) 3 years ago
https://archive.fo/0BnOw :
Legal weed could generate North Korea's GDP - Business Insider
'The number also includes $7 billion in federal revenue, $5.5 billion from business taxes, and $1.5 billion from income and payroll taxes. '
'This could encourage a black market, ultimately undoing the work for legalization and causing a loss in tax revenue. '
'A new report estimates that legalizing marijuana could generate up to $28 billion in federal, state, and local tax revenue. '
'A majority of Americans support legalizing marijuana, according to a CBS poll conducted in April. '
'This, in turn, will drive down prices, causing a decrease in sales as well as a decline in profit, which will lead to lower tax revenue overall. '
This has been an automated message.
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[–] derram ago
https://archive.fo/0BnOw :
'The number also includes $7 billion in federal revenue, $5.5 billion from business taxes, and $1.5 billion from income and payroll taxes. '
'This could encourage a black market, ultimately undoing the work for legalization and causing a loss in tax revenue. '
'A new report estimates that legalizing marijuana could generate up to $28 billion in federal, state, and local tax revenue. '
'A majority of Americans support legalizing marijuana, according to a CBS poll conducted in April. '
'This, in turn, will drive down prices, causing a decrease in sales as well as a decline in profit, which will lead to lower tax revenue overall. '
This has been an automated message.