In the states that allow adults 21 and over to use cannabis without fear of jail, cannabis tax revenue far, far exceeds alcohol tax revenue
, a senior policy analyst at the Tax Foundation, a Washington, D.C.-based think tank, who called rhetoric like the pitch a few years ago in New York that weed taxes could fix the subway as “dangerous.”LAS VEGAS, NV - JULY 06: David Burr demonstrates removing leaves on marijuana plants to allow morelight for growth at Essence Vegas' 54,000-square-foot marijuana cultivation facility on July 6, 2017 in Las Vegas, Nevada.
“Higher tax revenues don’t mean more cannabis sold since state governments are generally taking 30 cents of every dollar spent on cannabis, much higher than the average tax rate on alcohol,” said Joe Caltabiano, the CEO of, a cannabis-sector SPAC, who co-founded billion-dollar multi-state operator Cresco Labs.
About 55 percent of Americans drink once a month and 25.8 percent of Americans binge drink, which is defined as consuming five or more drinks in a sitting for men and four drinks or more for women. In Colorado, where cannabis use is normalized and where adult-use stores have been open for eight years, 18.8 percent of adults reported binge-drinking, compared to 16.6 percent who reported past-month cannabis use.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Biden's IRS reporting device for third-party payment processors 'will affect your taxes,' says Grover NorquistAmericans for Tax Reform President Grover Norquist discusses Biden's latest IRS push and the impact it will have on independent contractors and those who have a 'side hustle.'
Lire la suite »
Does NASCAR have a good point in its fight against paying taxes to Ohio? Today in OhioLISTEN: 'When they leave, you want them to be proud of their school, not ashamed of what their degree says.' – editor Chris Quinn on students' efforts to remove slaveholder U.S. Supreme Court Chief Justice John Marshall's name from CSU's law school:
Lire la suite »
Cuyahoga residents can receive free tax services during ‘Super Refund’ eventsCuyahoga County residents earning less than $58,000 a year can receive free tax preparation services at three “Super Refund Tax” events, the first of which is Friday.
Lire la suite »
Here's why new parents may qualify for another $1,400 stimulus checkSome recipients like new parents may qualify for additional funds during the 2022 tax season.
Lire la suite »
Trump Tower condo owners stand to receive $222,000 property tax refund from Chicago Public SchoolsThe Chicago Board of Education is slated to vote on paying Trump Tower condominium owners about a quarter-million dollars after negotiating a property tax appeal from 2015.
Lire la suite »