Wednesday, October 28, 2020

Legalization of recreational marijuana for extra tax revenues?

Like proposition 207 on the November 3rd, 2020 Arizona general election ballot! If accepted, it will impose a 16% excise tax on marijuana sales to fund community colleges, infrastructure, public safety, and public health programs!

Sounds good! Doesn't it! Don't be gullible! A 16% excise tax is extremely high. Tax evasion will be pervasive and effective! You can bet that lot's of efforts will be spent to evade this tax, which will likely trigger then more government regulations and controls and so on ...

As I pointed out before in this blog (e.g. here), will e.g. driving under the influence (DUI) laws be adjusted to reflect strict consequences. Will other laws be in place that assign a higher responsibility and strict consequences to those who choose to consume psychoactive substances or alcohol.
Or will this be reneged or neglected to achieve higher tax revenues?

If someone becomes a severe addict of psychoactive substances, this person ought to be held responsible to seek medical treatment as soon as possible!


No comments: