Marijuana taxes will be too low

Marijuana prices were low before legalization opened the door to economies of scale.   John Prine described prices this way: “You may see me tonight with an illegal smile.  It don’t cost very much, and it lasts a long while.”  Mark Kleiman tells how they will get even lower.

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Author: patoglesby

From 1982 to 1990, I worked in tax policy for Committees of the United States Congress. In recent years, I was Adjunct Lecturer at UNC-Chapel Hill's Business School and then Adjunct Professor at its Law School.

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