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| james_s:
--- Quote from: maginnovision on July 04, 2020, 08:45:49 pm ---395.5 million out of 22.28 Billion is not what I'd call a windfall. https://tre.wa.gov/portfolio-item/washington-state-marijuana-revenues-and-health/ https://ballotpedia.org/Tax_policy_in_Washington --- End quote --- You don't consider almost half a billion dollars for one single industry out of a total of only 22.3 billion for the entire state tax revenue to be a windfall? :-// I'd consider that HUGE. |
| Zero999:
Alcohol can't be banned, because it's a very simple chemical, which can be fermented from any carbohydrate. Cannabis is more more tricky to produce. |
| themadhippy:
--- Quote --- Oil is another resource that has virtually unlimited demand, plastics, paints, foams, lubricants, it's used either directly or indirectly in the manufacture of practically everything --- End quote --- At the time the law was introduced the full potential of oil was only just being discovered,lots of money invested no one had bothered to research the potential of hemp. --- Quote ---Cannabis is more more tricky to produce --- End quote --- :-DD |
| Zero999:
--- Quote from: themadhippy on July 04, 2020, 09:45:35 pm --- --- Quote ---Cannabis is more more tricky to produce --- End quote --- :-DD --- End quote --- Why is that funny, or are you just trolling? I can make alcohol from ingredients I already have in my kitchen cupboard. If I want to grow cannabis I have to get hold of the seeds first and I wouldn't know where to start. |
| maginnovision:
--- Quote from: james_s on July 04, 2020, 08:57:17 pm --- --- Quote from: maginnovision on July 04, 2020, 08:45:49 pm ---395.5 million out of 22.28 Billion is not what I'd call a windfall. https://tre.wa.gov/portfolio-item/washington-state-marijuana-revenues-and-health/ https://ballotpedia.org/Tax_policy_in_Washington --- End quote --- You don't consider almost half a billion dollars for one single industry out of a total of only 22.3 billion for the entire state tax revenue to be a windfall? :-// I'd consider that HUGE. --- End quote --- Apparently taxes for 2019 were 25.74 billion so it's even smaller a percentage(https://dor.wa.gov/sites/default/files/legacy/Docs/Reports/2019/Tax_Statistics_2019/Tax_Statistics_2019.pdf). So 1.5% of total tax revenue... No I don't think that's a windfall. It's fine to disagree. I'm not for or against marijuana(unless it's in my house). That goes for cigarettes and tobacco too. Alcohol was just barely beat out by marijuana and cigarettes and tobacco beat out both. All 3 together only made up 4.6% of tax revenue. |
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