Superseded by this (http://thehill.com/blogs/pundits-blog/economy-budget/327694-marijuana-legalization-grows-closer-with-senate-tax).
Congressional advocates for marijuana legalization, led by Oregon’s Congressman Blumenauer and Senator Wyden, introduced three bills to advance the process. (Dividing the package allows Committees to consider parts simultaneously, rather than one after the other. That may be wishful thinking.)
Here’s an off-the-cuff preliminary reaction to the tax parts of the package. I’ll work to refine the analysis.
For tax, the package has strengths and weaknesses. Continue reading “Critique of Blumenauer-Wyden marijuana tax proposals”