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Lefticle
09-16-2015, 12:28 PM
No state has ever generated more tax revenue from marijuana than alcohol—until now.

The Colorado Department of Revenue, according to recently released figures, just brought in $70 million in taxes relating to marijuana, compared to less than $42 million for alcohol taxes, over the course of a year.

Today, Colorado is declaring a marijuana tax holiday, meaning that for a single day, taxes on marijuana items will be suspended.

http://dailycaller.com/2015/09/15/colorado-just-became-the-first-state-in-history-to-collect-more-taxes-from-marijuana-than-alcohol/#ixzz3lvoRd8Wm







/\^/\^Misc Colorado Crew^/\^/\ continues to shake the earth

rhadam
09-16-2015, 12:29 PM
fuking stoners

HMFIC_BROWSIN
09-16-2015, 12:30 PM
So now it's a "holiday" when the citizens of this nation aren't burdened with ridiculous taxes for 24 hours?



Lmao. Pls go.

Benihanas
09-16-2015, 12:33 PM
So now it's a "holiday" when the citizens of this nation aren't burdened with ridiculous taxes for 24 hours?



Lmao. Pls go.

Always gotta be one d-bag saying something negative...

This is awesome, srs. Proves legalization can be profitable to a state's budget.

and STFU browsin, taxes are a fact of life, and they suspended them for a day, it's all cause for positivity not your negative bullchit

Testifier
09-16-2015, 12:35 PM
is this why CO has the highest number of mass shootings in the nation?

NVious
09-16-2015, 12:35 PM
Always gotta be one d-bag saying something negative...

This is awesome, srs. Proves legalization can be profitable to a state's budget.

and STFU browsin, taxes are a fact of life, and they suspended them for a day, it's all cause for positivity not your negative bullchit

This, theft=normal, stop complaining and allow the poli-ticks to steal from you through force.

So tired of people who oppose force, remember....there is an OPTIMAL amount of theft for society to run, think of the ROADS....muh ROADS!!!

HMFIC_BROWSIN
09-16-2015, 12:36 PM
Always gotta be one d-bag saying something negative...

This is awesome, srs. Proves legalization can be profitable to a state's budget.

and STFU browsin, taxes are a fact of life, and they suspended them for a day, it's all cause for positivity not your negative bullchit

Hey mother fuker, our forefathers are turning in their graves right now and all you can do is tell ME to bend over and be a good little cuck just like u?

The fact that people our age live in a country that imprisons a larger percentage of its citizens than soviet Russia @ the height of communism for stupid chit like marijuana should really make you consider how fuked up a situation we are in right now.

doiliftbro
09-16-2015, 12:37 PM
what will the date of this tax holiday be? 4/20?

Benihanas
09-16-2015, 12:39 PM
This, theft=normal, stop complaining and allow the poli-ticks to steal from you through force.

So tired of people who oppose force, remember....there is an OPTIMAL amount of theft for society to run, think of the ROADS....muh ROADS!!!


Hey mother fuker, our forefathers are turning in their graves right now and all you can do is tell ME to bend over and be a good little cuck just like u?

The fact that people our age live in a country that imprisons a larger percentage of its citizens than soviet Russia @ the height of communism for stupid chit like marijuana should really make you consider how fuked up a situation we are in right now.

Fukken lol @ these butthurt idiots

stay mad, morons, and keep wishing for that perfect little anarchical utopia that will never exist. Oh waaahhhh taxes, poor government taking my money so I can enjoy all kinds of amenities and freedoms, boo fukking hoo

I am with you on the incarceration rate tho, that's one area I'm not too pleased with my tax dollars funding


EDIT: if you don't like it, vote for change, run for office, or leave the country. Bitching about it doesn't do anything. Taxes are and will always be a fact of life here, if you want to bitch about the myriad ways in which our tax dollars are improperly put to work, it should probably be in a different thread. The imposed tax upon marijuana is both necessary and beneficial, and should not be the target of your obvious anger

Nelly87
09-16-2015, 12:45 PM
is this why CO has the highest number of mass shootings in the nation?

False.

California has the most - whaaaattttt, don't they also have some of the most strict gun laws?!!?

http://www.jsonline.com/watchdog/dataondemand/165757356.html

peterj1994
09-16-2015, 12:46 PM
Lol at people complaining about taxes. Please point me to a any first world country that doesn't have taxes. If anything, America is fairly tame in terms of taxes compare to other more socialist counties with the same standard of living.

HMFIC_BROWSIN
09-16-2015, 12:49 PM
stay mad, morons, and keep wishing for that perfect little anarchical utopia that will never exist.

What do you mean it will never exist? Marijuana was illegal, while us "anarchical" types were saying "uh, actually it shouldn't be." Now the rest of society is finally starting to get on board with real life. (as seen in CO, and many other states)


I am with you on the incarceration rate tho, that's one area I'm not too pleased with my tax dollars funding

good, so think about how much $$$ savings CO will have as a result of not needing to imprison it's people for MJ anymore. THAT ALONE should have been plenty of a financial benefit for the state, but it's NOT. They also needed to tax the fuk out of it. It will never been enough for them. They just take take take take.



EDIT: if you don't like it, vote for change, run for office, or leave the country. Bitching about it doesn't do anything. Taxes are and will always be a fact of life here, if you want to bitch about the myriad ways in which our tax dollars are improperly put to work, it should probably be in a different thread. The imposed tax upon marijuana is both necessary and beneficial, and should not be the target of your obvious anger

no tax was needed upon marijuana. the massive savings of court costs, and imprisonment as a result of de-criminalizing something should have been more than enough benefit for the state, it wasn't. that's scary.

Lefticle
09-16-2015, 12:50 PM
is this why CO has the highest number of mass shootings in the nation?

California has the most dumbass


what will the date of this tax holiday be? 4/20?


nope, its today actually




and why do these mods move this to religion and politics? best way to kill a thread

CalmWind
09-16-2015, 12:53 PM
Complete legalization will weaken the Mexican drug cartels severely, as their biggest source of revenue is marijuana.

Benihanas
09-16-2015, 12:56 PM
What do you mean it will never exist? Marijuana was illegal, while us "anarchical" types were saying "uh, actually it shouldn't be." Now the rest of society is finally starting to get on board with real life. (as seen in CO, and many other states)



good, so think about how much $$$ savings CO will have as a result of not needing to imprison it's people for MJ anymore. THAT ALONE should have been plenty of a financial benefit for the state, but it's NOT. They also needed to tax the fuk out of it. It will never been enough for them. They just take take take take.




no tax was needed upon marijuana. the massive savings of court costs, and imprisonment as a result of de-criminalizing something should have been more than enough benefit for the state, it wasn't. that's scary.

1. While the reversal of age-old ideals regarding things like substances, gay marriage, etc. is to be expected as our society evolves and grows more tolerant, I don't believe we'll ever escape things like taxes or structured laws/government due to the nature of the already existing structure of the country. If we do escape such "constraints", it will undoubtedly be after our lifetime.

2. CO was directly distributing tax $ from marijuana towards education funding, which is already severely underfunded as is, so I have no problem with them continuing to take, provided it gets re-distributed towards the proper areas.

3. It'd be interesting the see the actual numbers, perhaps the savings were enough, and this is simply data displaying the added benefit of a tax. A tax was absolutely needed to further drive the law into passage, it isn't all directly tied to budget and numbers.

ZzBrahh
09-16-2015, 01:25 PM
yay more taxes.......................

Boxman
09-16-2015, 01:26 PM
Way to go Colorado!

Nice to see the American people (at least in some states) can actually make good decisions if they just try to approach the issue logically.

And to think all these decades we've allowed our police state to destroy countless lives, imprisoning so many for such a harmless thing as marijuana. Shameful.

Lendogg
09-16-2015, 02:28 PM
Curious to see how long it takes before a majority of the states follow suit.

CalmWind
09-16-2015, 02:45 PM
Curious to see how long it takes before a majority of the states follow suit.

Florida is set to vote on it soon.

Kiknskreem
09-16-2015, 02:46 PM
Waiting for all the idiots who always say "you can't tax something that you can grow in your backyard!" to chime in.

holtmcg
09-16-2015, 02:48 PM
False.

California has the most - whaaaattttt, don't they also have some of the most strict gun laws?!!?

http://www.jsonline.com/watchdog/dataondemand/165757356.htmlWhy does Texas, who has extremely lax gun laws, come in second? Hmmm...

andrew28
09-16-2015, 04:21 PM
Complete legalization will weaken the Mexican drug cartels severely, as their biggest source of revenue is marijuana.

i have no doubt it will hurt their pockets.

but maybe it'll push the cartels to drop their prices and undercut the legalized venues that sell weed. because there's still a huge profit margin even if they made it cheaper.

IronRooster2
09-16-2015, 04:31 PM
but maybe it'll push the cartels to drop their prices and undercut the legalized venues that sell weed. because there's still a huge profit margin even if they made it cheaper.

You can't undercut mass industry. Otherwise we'd all be buying our oranges and tomatoes and booze from seedy guys in dark alleys. That's just the efficiency of the legal market.

andrew28
09-16-2015, 05:41 PM
You can't undercut mass industry. Otherwise we'd all be buying our oranges and tomatoes and booze from seedy guys in dark alleys. That's just the efficiency of the legal market.

i thought weed costs more to buy it legally in colorado than illegaly. no?

dfwt70gt
09-16-2015, 05:51 PM
No state has ever generated more tax revenue from marijuana than alcohol—until now.

The Colorado Department of Revenue, according to recently released figures, just brought in $70 million in taxes relating to marijuana, compared to less than $42 million for alcohol taxes, over the course of a year.

Today, Colorado is declaring a marijuana tax holiday, meaning that for a single day, taxes on marijuana items will be suspended.

http://dailycaller.com/2015/09/15/colorado-just-became-the-first-state-in-history-to-collect-more-taxes-from-marijuana-than-alcohol/#ixzz3lvoRd8Wm







/\^/\^Misc Colorado Crew^/\^/\ continues to shake the earth

Fancy little glitch in the state constitution. Too bad all the state is going to do with the revenue is vote themselves a pay increase and widen the bike lanes for those asshat bicyclists.

illriginalized
09-16-2015, 06:59 PM
Lol at people complaining about taxes. Please point me to a any first world country that doesn't have taxes. If anything, America is fairly tame in terms of taxes compare to other more socialist counties with the same standard of living.

Brah your state taxes are horrendous. As well as NY as well as Cali..

Lefticle
09-16-2015, 09:35 PM
Fancy little glitch in the state constitution. Too bad all the state is going to do with the revenue is vote themselves a pay increase and widen the bike lanes for those asshat bicyclists.


Aware me on this glitch?


I actually don't give a single chit about where the money goes. Just happy it's legal

SRTEvan
09-16-2015, 09:38 PM
We swimming in tax dollars now

illriginalized
09-17-2015, 04:01 AM
Aware me on this glitch?


I actually don't give a single chit about where the money goes. Just happy it's legal

It's not a glitch.. in the state Constitution, the government cannot take in more tax dollars than it requires to function.

By this rule, the government of Colorado must return the left over tax dollars (revenue) to the people.

The people on the other hand have a choice on what to do with that money.. either government uses it in order to expand infrastructure, for example.. or they receive their tax monies back ;)



Fancy little glitch in the state constitution. Too bad all the state is going to do with the revenue is vote themselves a pay increase and widen the bike lanes for those asshat bicyclists.

They can't do that.

They can on the other hand "widen the bike lanes".. that is true. But pay increase, nope. Not Constitutionally supported.

StarFox
09-17-2015, 06:51 AM
Love living in CO, **** yeh

dfwt70gt
09-17-2015, 07:24 AM
It's not a glitch.. in the state Constitution, the government cannot take in more tax dollars than it requires to function.

By this rule, the government of Colorado must return the left over tax dollars (revenue) to the people.

The people on the other hand have a choice on what to do with that money.. either government uses it in order to expand infrastructure, for example.. or they receive their tax monies back ;)




They can't do that.

They can on the other hand "widen the bike lanes".. that is true. But pay increase, nope. Not Constitutionally supported.

The legislature has been fighting against the tax surplus return portion of the state constitution for some time now. For the last couple of years the excess tax dollars have amounted to something like $9 or $10 per tax paying resident. After seeing the windfall amounts of revenue they can generate from pot sales I definitely see serious changes to the states tax policy. And it's not about their functioning costs necessarily, more that they underestimated how much they were going make. Look for wild overestimating this next fiscal year.

bossbulkin
10-06-2015, 06:50 PM
No state has ever generated more tax revenue from marijuana than alcohol—until now.

The Colorado Department of Revenue, according to recently released figures, just brought in $70 million in taxes relating to marijuana, compared to less than $42 million for alcohol taxes, over the course of a year.

Today, Colorado is declaring a marijuana tax holiday, meaning that for a single day, taxes on marijuana items will be suspended.

http://dailycaller.com/2015/09/15/colorado-just-became-the-first-state-in-history-to-collect-more-taxes-from-marijuana-than-alcohol/#ixzz3lvoRd8Wm







/\^/\^Misc Colorado Crew^/\^/\ continues to shake the earth

It is a lot like the netherlands. Somehow they still have high quality of life, top universities outside of the backrubbing IVY leagues, and healthy lifestyles!

It is almost as if an adult can choose what to put into their body and make better choices than enforced state "good" regulations can!

GhenghisPWN
10-06-2015, 09:03 PM
I agree the tax rate on weed is absurdly high. I believe in WA it's around 25%, not sure about CO. Who decided to tax it at that rate?

MN finally allowed medicinal, but you need to be pretty much dead to obtain it; it to is very expensive.

On another note, why is government so ****ing slow to adapt to the people's desires? Brb still can't buy booze on Sunday. Brb still can't buy weed legally despite it being safer than drinking.

Boxman
10-06-2015, 09:13 PM
Love living in CO, **** yeh

Just don't ever get divorced there and you're good.

Colorado is one of the worst states when it comes to awarding lifetime alimony; countless men have had their lives basically ruined, stuck paying nearly half their salary to the ex-wife forever until they die. We're not even talking long marriages; in CO there's tons of men in their 30's and early 40's paying lifetime alimony to their able-bodied ex-wives. The institution of slavery is alive and well in Colorado.

But hey, at least those unfortunate men can get high and forget their troubles. :)