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Puff, Puff, Tax: SF Lawmaker Pushes Pot Legalization
SAN FRANCISCO -- State Assemblyman Tom Ammiano, D-San Francisco, announced Monday he has introduced legislation to legalize and tax marijuana in the state of California.
AB 390 would require that all sales of marijuana be made by licensed sellers and that sales be taxed $50 per ounce. It would also forbid sales to anyone under 21.
"With the state in the midst of an historic economic crisis, the move towards regulating and taxing marijuana is simply common sense," Ammiano said at a morning news conference at the state building on Golden Gate Avenue in San Francisco.
Ammiano said the law, if passed, could generate more than $1.3 billion in much-needed revenue for the state.
"California has the opportunity to be the first state in the nation to enact a smart, responsible public policy for the control and regulation of marijuana," he said.
AB 390 would require that all sales of marijuana be made by licensed sellers and that sales be taxed $50 per ounce. It would also forbid sales to anyone under 21.
"With the state in the midst of an historic economic crisis, the move towards regulating and taxing marijuana is simply common sense," Ammiano said at a morning news conference at the state building on Golden Gate Avenue in San Francisco.
Ammiano said the law, if passed, could generate more than $1.3 billion in much-needed revenue for the state.
"California has the opportunity to be the first state in the nation to enact a smart, responsible public policy for the control and regulation of marijuana," he said.
Tags: california, hellyeah, marijuana, pot, taxes
Replies to This Discussion
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Permalink Reply by Johnny aka DJ Rottin on -
It would be kinda funny if green saved the world lol : )
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Permalink Reply by The Venting Machine on -
Thanks to Johnny for posting this article. I must apologize as I was out sick due to an incident of over medicating myself (brownies can be wicked, as can be brownie bites, pecan pies, and rice crispy treats!)
As for the article, I would be down for this as long as the price-per-ounce drops by $50 or more. Meaning, if the street price of an ounce of good green is $300, when it became legal I'd want the price to drop to at least $250, otherwise the tax is bullshit. Now if the price-per-ounce drops to as low as $50, I'd still support the tax, but if the price fell to below $50, the tax should follow suit.
Past that, I currently support Tom Ammiano and will continue to do so!
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