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Date Posted: 18:09:03 11/06/13 Wed
Author: 5280
Author Host/IP: 66.87.78.9
Subject: I voted for the taxes.
In reply to: Bearman 's message, "Dammit. I forgot to slash" on 16:54:42 11/06/13 Wed

>>DENVER (Reuters) - A Colorado measure to impose sales
>>and excise taxes of 25 percent on newly legalized
>>recreational marijuana and earmark the first $40
>>million in revenue for public schools was approved by
>>voters on Tuesday, Governor John Hickenlooper said.
>>
>>"We will do everything in our power to make sure kids
>>don't smoke pot and that we don't have people driving
>>who are high. This ballot measure gives Colorado the
>>ability to regulate marijuana properly,"
>>
>> LOL. Yeah, right. It's going to ensure that the
>>black market keeps humming right along, tax free.
>>Make sure kids don't get it? Like, alcohol? I
>>think it's the right thing to do, I just think that
>>statement is ridiculous.,

I think it strikes the right balance in pricing the end product. You talk about black market. Well I think 25% isn't enough incentive to grow/sell under the table, but is enough to discourage use, to a degree.

Will adults pay the tax and then resell to kids? Sure. That's the closest analogy to alcohol. You don't see pushers selling kids homemade vodka. Kids get it through resale or taking from their folks. And, it's been a helluva lot easier for kids to get pot than alcohol.

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