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Old 11-07-2012, 06:50 AM   #12
htismaqe htismaqe is offline
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Quote:
Originally Posted by Red Beans View Post
It won't matter, the dam has broken. Once states see how they put those tax revenues to use, you're going to have the staunchest conservatives lobbying for similar measures in their states.
Don't be so sure about that.

California, in some jurisdictions, has literally taxed the dispensaries out of existence, licking the gift horse in the mouth.

I believe it's in the Bay area that they allowed all of these business to get started and established and then retroactively applied new tax code, resulting in a several hundred percent increase in taxes overnight. Several dispensaries just shut their doors.
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