Reasons for a Jet Fuel Tax

1.  Environmental — marginal pressure on carbon

2.  Progessive — wealthy and corporations are the primary stakeholders.  The housekeepers’ unions at the airline hubs may be the voices for the exception that proves the rule.

3.  I’d even be for a higher gasoline tax, and it’s regressive.  Poor folks drive farther to work than rich folks, who can afford to live in the middle of things.

++++

The jet fuel tax may be low hanging fruit, a sitting duck, underbrush — consensus item.  The kind of thing you put into a bill or package that a majority will sign off on.  Tax Reform, if it follows the 1986 model, would make hundreds of changes to the Tax Code.  Maybe it won’t happen.  But it won’t happen without a list.

 

In progress — comments welcomed.

Advertisements

Voucher privitization of growing privileges

UPDATED 14 May 2015:  I disparage the option of  Voucher privatization in this article more than I would now. Voucher privatization might be too unwieldy to work on a state level, but it’s conceivable on a county or sub-jurisdiction level.

+++

Tax folks like to work through theory.  So here’s a here is a trip to Theoryland, designed to exhaust the options for allocation of the privilege to sell marijuana commercially.

Maybe a state will say not everyone can grow marijuana commercially. If a state makes that decision (whether it should limit growing is not the subject here), how might the privilege to grow and sell marijuana be allocated? By lot, on the merits, by growing history, by charging steep fees, by annual auction, or how?  I’ll get into those options later.  Voucher privatization is a democratic model for sharing the wealth. OK, it’s not practical, certainly not in the short term.   Continue reading Voucher privitization of growing privileges

Humboldt trip

TourGroupPhoto try 2

Fact-finding trip to growing country, Humboldt County, California, with elected state officials and staff, thanks to http://cannabisvoice.org.  Write-up at http://cannabisvoice.org/cannabis-industry-hosts-2-day-taxation-excursion/.  I’m at top right.

 

280E and square feet — Arkley

Having doubted that square footage (or canopy) fees or taxes could be deductible under 280E on the federal income tax return of a cannabis-growing business, I asked Todd Arkley, a Washington State CPA with a lot of cannabis clients. Todd knows more than I hope ever to learn about tax accounting.  Whether you call a payment based on square footage a tax or a fee, he makes the case that it is deductible.   Continue reading 280E and square feet — Arkley

Arcata Electricity Tax — Guest Post

GUEST POST from a California observer of Arcata’s electricity tax. The writer, whom I thank, asked to remain anonymous. I don’t necessarily agree or disagree with opinions in the post, but find it thorough and thoughtful.  And whatever you think of an electricity tax, Arcata’s tax seems to have glitches.  Here is a better-formatted version:  Guest-post-from-a-california-observer-of-arcata_s-electricity-tax

PO

++++++++

Guest: I’ve copied below a little essay I [the Guest Poster] wrote last year regarding what the nuts-and-bolts of this tax look like in terms of cultivation, and if it were applied to the rest of the county, what that looks like in terms of cultivation. Continue reading Arcata Electricity Tax — Guest Post

Penalizing MJ electricity

Indoor marijuana grows are notorious consumers of electricity.  Following the lead of Arcata, California, which collects a 45-percent tax on excess electricity consumption, Boulder County, Colorado, is taxing electricity use of marijuana grow operations by the kilowatt-hour:

“Boulder County will levy a charge of 2.16 cents per kWh on all electricity consumed by marijuana growers, which works out to about $100 extra for each kilogram of finished pot. Continue reading Penalizing MJ electricity