They'll both talk fast about "State tax revenue enhancement."
Uh-huh.
$1 billion: that’s how much California initially anticipated receiving in annual tax revenue by legalizing the sale of recreational marijuana. Here’s what actually happened:There are MANY other reasons NOT to legalize weed.
CA will likely bring in just under $500 million in marijuana tax revenue this fiscal year. That’s lower than the $630 million forecasted in former Governor Jerry Brown’s budget. Current Governor Gavin Newsom’s new budget projects the state will generate $355 million in marijuana excise taxes by the end of June according to press accounts.
Tony's Tax-Light Tokers are just one of them.
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