Tax Day Pot Poem
Dear cannabis lovers, here are the sad facts:
The public says commerce in weed must be taxed.
The “liberty movement” wants taxes to fall.
But vanishing “price” taxes undermine y’all.
@Leafly op-ed has the fine points:
https://www.leafly.com/news/industry/opinion-theres-a-better-way-to-tax-legal-cannabis #marijuana
#TaxDayMarijuana Policy Stanza 1
Dear State Legislatures who legalize weed:
Don’t miss out on revenue your people need.
A price-based percentage tax won’t be secure
‘Cause prices will tumble as markets mature.
TaxDay Advice Stanza 2
The “liberty movement” wants taxes to fall
The price tax that they like will slow and then stall.
Price discounts for “friends,” and free-pot-with-pipe scams?
It’s much more effective to tax weed by grams.
The Center for New Revenue 