Gieringer on tax collection

“A 20% tax at any one stage in the industry is more likely to invite evasion than the equivalent of a more modest 6+% tax at three different stages. In addition, a succession of taxation stages offers convenient checkpoints to monitor the market.”

That’s an excerpt from written testimony of CANORML’s Dale Gieringer to California’s Blue Ribbon Commission on legalization.

 

 

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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.

One thought on “Gieringer on tax collection”

  1. You then have to worry about compounding which will drive small businesses out of the business. A large integrated producer will pay only once.

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