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View Diary: AMA to FEDS: stop calling marijuana 'dangerous'. (328 comments)

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  •  That's a good, no, an excellent question. If the (1+ / 0-)
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    nota bene

    history of other "sin taxes" is a guide they would increase over time. I remember a "special temporary tax" on smokes here in NE to pay for an athletic center for the University. Not surprisingly the added taxes didn't go away once the revenues paid off the bond issue.

    What's the price of pot these days? I've not smoked in a number of years. Lets just use round numbers.

    $100 a quarter oz. form a dealer today. Legalization lowers the price to $5 a quarter ($20 an oz which I remember from my misspent youth). A tax of $20 a quarter, $25 total, would seem cheap to someone used to paying $100. Now lets say farmer John plants some weed in with his corn and is selling most to Phillip Morris (or whoever) and keeps some back which he is willing to sell for $20 for a full oz. to trusted friends, relatives and friends and relatives of friends and relatives. Now I'm tempted to go black market again especially since the prison industrial complex is no longer persuing pot smokers.

    I remember in Da Nang you could buy a baggie of 10 pre-rolled joints for a dollar (mpc and not a greenback which would get you a lot more). How would they be sold today? In bulk or a pre-roll? Filtered? Menthol? I preferred a pipe in those days.

    How to tax an herb that, frankly, looks a lot like every other tall weed - except for the mulch around the base of the plants and the stakes used to keep it from blowing over.

    What we learn from History: History repeats itself. History never repeats itself. Histories lessons are always ignored.

    by Hector Gonzalez on Fri Nov 13, 2009 at 12:18:08 PM PST

    [ Parent ]

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