Tom Barthold

January 13, 2015 § Leave a comment

Congratulations to Tom Barthold, who stays on as Chief of Staff of the Joint Committee on Taxation, who keeps his job.  http://www.bloomberg.com/news/2015-01-12/republicans-retain-tax-bill-scorekeeper-picked-under-democrats.html.  We were on staff at the same time, and I have only good things to say about him.

Tax jet fuel

January 12, 2015 § Leave a comment

Here’s an excise tax that’s not regressive.  Federal jet fuel rates now range from “$0.219 for general aviation such as private jets to $0.044, for commercial aviation.”  http://taxfoundation.org/blog/combined-effective-commercial-jet-fuel-tax-rates-and-fees-state

States race to the bottom to attract flights, naturally enough, so they can hardly lead the way here.  A federal tax increase would either cut emissions or raise revenue.  Poor folks don’t fly much, even commercially.  The hurt from this tax won’t be as concentrated on the wealthy as taxing carried interest appropriately, but it’s hardly regressive.

Gravelle-Lowry Report: “Federal Proposals to Tax Marijuana: An Economic Analysis”

January 7, 2015 § Leave a comment

Here is the text:  Fed mj tax R43785

Taxes Help Legalization

January 6, 2015 § Leave a comment

A Colorado poll asked, “What has been the greatest benefit of legalization?” — and got these answers:

Poll 55 percent copy pngIf you can’t see the image: « Read the rest of this entry »

Supplemental Thoughts about Revenue from Marijuana in Vermont

January 1, 2015 § Leave a comment

Supplemental Thoughts about Revenue from Marijuana in Vermont, 16 January, 2015 in pdf, by Pat Oglesby, supplements “Considering Marijuana Legalization: Insights for Vermont and Other Jurisdictions,” a RAND Corporation Report issued January 16, 2015.  That Report is here: http://www.rand.org/pubs/research_reports/RR864.html and here: Considering Marijuana Legalization, RAND, 16 January 2015

 

 

 

Dedicate taxes to temperance — 1933

December 24, 2014 § Leave a comment

The Federal Bar Association of New York, New Jersey, and Connecticut urged that 2 percent of new federal liquor taxes go for temperance education – from page 301 of Tax on Intoxicating Liquor, Hearings Before the Committee on Ways and Means, House of Representatives and the Committee on Finance, United States Senate, 73d Congress, Interim, 1st and 2d Sessions (Dec. 11-14, 1933). (Carryover page says “of Education.”)

Dedicate taxes

The economic conditions of the Depression did not allow that diversion of revenue.  But some of Washington State’s tax on marijuana does go for temperance education.

Black market price ratio 1933

December 24, 2014 § Leave a comment

1933 price data

Lewis Landes, lawyer for the Wholesale Liquor Dealers Committee of New York City, accused a “Distillers’ Trust” of keeping legal prices to wholesalers “exorbitant” — about three times the black market price.  This is from page 296 of Tax on Intoxicating Liquor, Hearings Before the Committee on Ways and Means, House of Representatives and the Committee on Finance, United States Senate, 73d Congress, Interim, 1st and 2d Sessions (Dec. 11-14, 1933).

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