CA bill to legalize and tax pot

Discussion in 'Economics' started by xxxskier, Feb 24, 2009.

  1. xxxskier

    xxxskier Guest

    Wyatt Buchanan, Chronicle Staff Writer

    Monday, February 23, 2009

    (02-23) 17:50 PST SACRAMENTO -- California would become the first state in the nation to legalize marijuana for recreational use under a bill introduced Monday by Assemblyman Tom Ammiano of San Francisco.

    The proposal would regulate marijuana like alcohol, with people over 21 years old allowed to grow, buy, sell and possess cannabis - all of which is barred by federal law.

    Ammiano, a Democrat in his third month as a state lawmaker, said taxes and other fees associated with regulation could put more than a billion dollars a year into state coffers at a time when revenues continue to decline.

    He said he thinks the federal government could soften its stance on marijuana under the Obama administration.

    "We could in fact have the political will to do something, and certainly in the meantime this is a public policy call and I think it's worth the discussion," Ammiano said. "I think the outcome would be very healthy for California and California's economy."

    A spokeswoman for the Drug Enforcement Agency in Washington, D.C., declined to comment on the proposal. A White House spokesman referred to a statement on a question-and-answer section of an Obama transition team blog that says the president "is not in favor of the legalization of marijuana."

    While Californians have shown some tolerance for marijuana, such as use for medical conditions with voters' passage of Proposition 215 in 1996, the proposal will face tough opposition in Sacramento.

    A lobbyist for key police associations in the state called it "a bad idea whose time has not come."

    "The last thing our society needs is yet more legal intoxicants," said John Lovell, who represents the California Peace Officers' Association, California Police Chiefs Association and California Narcotic Officers' Association. "We've got enough social problems now when people aren't in charge of all five of their senses."

    But Ammiano's proposal has the support of San Francisco Sheriff Michael Hennessey, who said the idea "should be the subject of legislative and public debate."

    It also has the backing of Betty Yee, who chairs the state Board of Equalization, which collects taxes in California. An analysis by the agency concluded the state would collect $1.3 billion a year in tax revenue and a $50-an-ounce levy on retail sales if marijuana were legal.

    The analysis also concluded that legalizing marijuana would drop its street value by 50 percent and increase consumption of the substance by 40 percent.

    A spokesman for the Marijuana Policy Project, which advocates for reform in marijuana laws and is backing Ammiano's proposal, said any expected increase in consumption is a "false notion."

    "They are making an intuitive assumption that a lot of people make that really does not have that much evidence behind it," said Bruce Mirken, the group's spokesman, who predicted it could take up to two years before the idea wins legislative approval.

    "Don't tell me that doing something like (this) proposal is going to introduce another drug into society. That's a load of bull."
  2. Few weeks ago, El Paso City Council was looking at legalizing ALL drugs.
    Drug violence is rampant, so, remove the profit motive, and the crime goes away.
    I agree.
  3. You want to avert another depression, Repubs and Demos? Legalize and tax the crap out of recreational drugs. Hell, it would eliminate the trade deficit overnight. It doesn't have to be permanent. Leave a provision for the law to expire in 8-10 years. If it doesn't work out, let it expire.

    Cali could use the revenue, not to mention the money saved on decriminalizing it.
  4. xxxskier

    xxxskier Guest

    tax the weed, not the new motto.
  5. tradersboredom

    tradersboredom Guest

    another fucking politician wanted to tax on everything.

    one politician taxing traders not taxing pot.

    you know what, people can grow pot at home and not pay any tax MORON if it's illegal!

    only reason for decriminalization or regulation is reducing crime from organize crime rackets selling drugs to kids.

    i don't give a fuck if an adult wants to get drunk or high on their own home but don't push drugs in the 7-11 corner store to kids.. drugs including alcohol is a toxic and fucks up your mind especially kids.

    i can recall as a kid some drug users pushing drugs to me and i tell them to fuck off man.

  6. bbqbbq


    There are a few things I think would happen

    Consumption of marijuana in California will decrease, but will increase in other states

    California will become number 1 marijuana exporting state in the US

    Tax revenue will be huge

    Crime related events to marijuana in California will decrease but increase in other states
  7. One question.

    What is the status of of people who fail a drug test for employment?

    I suppose we can forget about those pesky drug tests.