Colorado And Other States Are Looking Towards A New Marijuana Tax Act
Cannabis is
now being accepted in several States of the US and other countries of the
world, but almost none have a marijuana tax act established yet even though,
this could really benefit them economically. The legalization of cannabis is
happening all over the world and governments only need to establish some new
regulations about this herb, as they are badly needed and they will surely make
society stronger.
Alcohol and
tobacco have been taxed by the government for a couple of decades now and many believe
that this should be the fate of marijuana as well. States like Colorado and Washington,
which have recently approved the recreational use of cannabis within their
borders, are now thinking about taxing this herb and the benefits that it could
bring them.
Congressman
Rep. Jared Polis, believes that the State of Colorado could earn tens of
millions of dollars of extra income every single year, just for taxing
marijuana, which is now legal within the State’s borders. According to some
studies and surveys, marijuana should be taxed around $50 per ounce, which can
be sold for $200 to $400, depending on its quality and the strain that it is
Polis also
stated to the press, “I’ve seen some estimates in the high tens of millions, as
much as $100 million.” He also stated that marijuana taxation could be a very
useful income, as there are many services that need more funding and would
benefit society as well. According to
Polis, the taxing of marijuana is a “Substantial dent in needed school
improvements, particularly in poorer districts,” and millions of people are
already backing him up.
A Marijuana Tax Act That Works For Everyone
According
to some reports, there are more than 35 sponsors in Maine’s State legislature,
which means that this is not the only State of the US that is looking for a new
marijuana tax act. David Boyer, who is a political director in Maine, stated “support
for changing our marijuana laws is growing as more and more elected officials
realize it makes no sense to maintain a system of prohibition for a substance
that is objectively less harmful than alcohol. Maine can and should take agree.”
Other
States like California and Washington are also looking into a new marijuana tax
act, as some reports state that these States could generate over one billion
dollars per year, as there are now many people supporting the legalization of
cannabis and who believe that this herb should be available for everyone, just
like alcohol is today.
Reports
also prove that marijuana users have increased in the last decade and that in
2002 only 1.9% of Americans consumed this herb, while in 2011 the percentage
rose to 6%. This clearly proves that more Americans are consuming cannabis and
that taxing would generate even more income as well.
We Need A Marijuana Tax Act Now
The
legalization of cannabis is happening and the world would really benefit from
taxing this herb. Government would have more revenue to work with and the sales
of marijuana would also be controlled all of the time. It is time for the legalization
of cannabis to take place and at Zip 420 we believe that it would be the best
decision ever.
Please remember
to share and like this article and to subscribe to our newsletter, by entering
your email in the box to the right, so we can tell you more about the marijuana
tax act that will be authorized soon and that will make cannabis as legal as
other products and change the world for good.
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