ITEP on medical loophole

ITEP report — if medical cannabis gets a tax break:  “If the standard for doctors recommending marijuana in a given state is not restrictive, then a huge part of the recreational marijuana tax base could disappear as individuals are incentivized to falsely claim a medical need to get the discount.”  Institute on Taxation and Economic Policy, 2015, http://www.itep.org/pdf/marijuanaissuesreport.pdf.  ITEP is described by the right-wing Carolina Journal as a “left-wing research institution.”

Means testing for the tax break would reduce the problem, but not solve it.  Another option is to tax everyone equally and let the spending side of government, like a Public Health agency, take care of needy patients.

Advertisements

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.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s