Opinions?
http://www.post-gazette.com/pg/10192/10 ... d=news.xml
Pa. bill would legalize marijuana as therapeutic option
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I just heard on the radio the other day that it's being assumed that pot legalization in CA would drop the price from an avg. of $380 per ounce to under $38 per ounce. While I applaud the discount, it would certainly cut the tax revenues far below what they had hoped for.
Which also tells me that 90% of pot's value is simply risk plus minimal overhead. That's less capitalism, and more entrepreneurship (there's a huge difference, conservatives!).
Now, if it happens, will you spend one-tenth as much on Derschmokundschmile, or buy ten times more?
--->JMS
Which also tells me that 90% of pot's value is simply risk plus minimal overhead. That's less capitalism, and more entrepreneurship (there's a huge difference, conservatives!).
Now, if it happens, will you spend one-tenth as much on Derschmokundschmile, or buy ten times more?

OK so that's cut tax revenues far below what they hoped for? Or cut them all together, meaning no revenue from it at all? Just wondered because the way I see it a little revenue is certainly better than NO revenue. Also wouldn't legalizing it also create MANY many jobs that weren't there before? Someone has to grow it. Someone has to distribute it. and someone has to sell it.songsmith wrote:I just heard on the radio the other day that it's being assumed that pot legalization in CA would drop the price from an avg. of $380 per ounce to under $38 per ounce. While I applaud the discount, it would certainly cut the tax revenues far below what they had hoped for.
Which also tells me that 90% of pot's value is simply risk plus minimal overhead. That's less capitalism, and more entrepreneurship (there's a huge difference, conservatives!).
Now, if it happens, will you spend one-tenth as much on Derschmokundschmile, or buy ten times more?--->JMS