- Mar 26, 2003
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SAN FRANCISCO – A bill to tax and regulate marijuana in California like alcohol would generate nearly $1.4 billion in revenue for the cash-strapped state, according to an official analysis released Wednesday by tax officials.
The State Board of Equalization report estimates marijuana retail sales would bring $990 million from a $50-per-ounce fee and $392 million in sales taxes.
the rest here... http://news.yahoo.com/s/ap/20090716/ap_on_re_us/us_marijuana_taxes
50 per ounce?
one love
khasm
The State Board of Equalization report estimates marijuana retail sales would bring $990 million from a $50-per-ounce fee and $392 million in sales taxes.
the rest here... http://news.yahoo.com/s/ap/20090716/ap_on_re_us/us_marijuana_taxes
50 per ounce?
one love
khasm