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New ITEP Report: Marijuana and Taxation in America

  • by Allen St. Pierre, NORML Executive Director May 7, 2015

    A new report by the Institute of Taxation and Economic Policy (ITEP) adds considerable information to the base knowledge accumulating at the state level on new changes in laws and custom regarding cannabis legalization circa 2013, starting in the states of Colorado and Washington after citizens voted to end cannabis prohibition via binding ballot initiatives.sheet-of-money-hemp

    The ITEP report joins other mainstream reviews and analysis of changes in cannabis laws from The Brookings Institution, RAND Corporation and Drug Policy Alliance.

    ITEP’s principle donors are found here.

     

     

     

    17 Responses to “New ITEP Report: Marijuana and Taxation in America”

    1. Julian says:

      The news is out; Colorado is making so much revenue from fair marijuana taxation that their state laws say they owe money BACK to their citizens! Of course Colorado wants to see that money build some public schools first so the state legislature is working across the aisles to fix the problem.

      Who knew it would take marijuana legalization to bring our country together again. Thank you Colorado for getting it right. God Bless those beautiful, high rockies… May fairly taxing and regulating marijuana teach us all to participate in our Democracy and call our Congressman… From Purple Mountains’ majesty… From sea to shining sea…

    2. YearofAction says:

      Increase you State’s chances of appearing in the next ITEP report by signing this petition to instruct the new DEA administrator to
      enforce the marijuana laws in a manner that conforms to our Constitution. Maybe then it will be titled, “Issues with Taxing Cannabis at the State Level”.

      http://wh.gov/iBhYU

      This year is a good time to take action.

    3. Bob Constantine says:

      Shifting where “the gun” is pointed does nothing to increase freedom. Taxing a person to ingest something is Orwellian.

      Free people don’t need permission to own themself.

      Paying the state for “granted permission” when that same state would have jailed them a bit ago for the same act is also a bit of a boot licking posture and the epitomy of hypocrisy.

      Somewhere the Uncle Tom’s of Weed-dom got this wrong.

      Slaves need permission to control their bodies, free people do not.

    4. Tom T says:

      It is amazing the amount of tax money that legal Marijuana has generated in states like Colorado and Washington. The info contained in the ITEP report is another great piece of info to argue for the benefits of legalizing this great herb.

      The link that YearofAction shared above is worth your time to continue to push the issues that could push on the fence voters over to our side.

    5. Galileo Galilei says:

      I was a bit put off by the cavalier grouping of marijuana with alcohol and tobacco. Hard to argue with the conclusion, though.

    6. Eric K. Johnson says:

      Somewhere the Uncle Tom’s of Weed-dom got this wrong. – Bob Constantine

      For whatever it may be worth, I could not agree more.

    7. Eric K. Johnson says:

      I was a bit put off by the cavalier grouping of marijuana with alcohol and tobacco. – G.G.

      Comparing tobacco and alcohol with cannabis is like comparing guns and bullets with flowers?

    8. Don says:

      The ITEP report confirms that prices will drop dramatically (by 90%) as legalization spreads. For those of us who can’t afford today’s outrageously priced legal pot, this is welcome news, indeed.

    9. cannafriend says:

      I do not think marijuana should be taxed on a Federal level. State, only maybe. I think marijuana is a Human Right and should really not be taxed at all. Apparantly our Gov’t does not remember “Taxation without Representation” and what it did for Britian.

    10. Bob Constantine says:

      @cannafriend

      You are coming dangerously close to making sense.

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