good news on the weed front, the feds want a bigger piece of pie | TigerDroppings.com

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KeyserSoze999
LSU Fan
Member since Dec 2009
3924 posts

good news on the weed front, the feds want a bigger piece of pie



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quote:

SEATTLE (AP) - An effort is building in Congress to change U.S. marijuana laws, including moves to legalize the industrial production of hemp and establish a hefty federal pot tax.

While passage this year could be a longshot, lawmakers from both parties have been quietly working on several bills, the first of which Democratic Reps. Earl Blumenauer of Oregon and Jared Polis of Colorado plan to introduce Tuesday, Blumenauer told The Associated Press.

Polis' measure would regulate marijuana the way the federal government handles alcohol: In states that legalize pot, growers would have to obtain a federal permit. Oversight of marijuana would be removed from the Drug Enforcement Administration and given to the newly renamed Bureau of Alcohol, Tobacco, Marijuana and Firearms, and it would remain illegal to bring marijuana from a state where it's legal to one where it isn't.

The bill is based on a legalization measure previously pushed by former Reps. Barney Frank of Massachusetts and Ron Paul of Texas.


Blumenauer's bill would create a federal marijuana excise tax of 50 percent on the "first sale" of marijuana - typically, from a grower to a processor or retailer. It also would tax pot producers or importers $1,000 annually and other marijuana businesses $500.

His office said Monday it doesn't yet have an estimate of how much the taxes might bring in. But a policy paper Blumenauer and Polis are releasing this week suggests, based on admittedly vague estimates, that a federal tax of $50 per ounce could raise $20 billion a year. They call for directing the money to law enforcement, substance abuse treatment and the national debt.

Last fall's votes in Colorado and Washington state to legalize recreational marijuana should push Congress to end the 75-year federal pot prohibition, Blumenauer said.

Washington state officials have estimated that its legal marijuana market could bring in about half a billion dollars a year in state taxes.

"You folks in Washington and my friends in Colorado really upset the apple cart," Blumenauer said. "We're still arresting two-thirds of a million people for use of a substance that a majority feel should be legal. ... It's past time for us to step in and try to sort this stuff out."

Advocates who are working with the lawmakers acknowledge it could take years for any changes to get through Congress, but they're encouraged by recent developments. Senate Minority Leader Mitch McConnell last week came out in support of efforts to legalize hemp in his home state of Kentucky, and U.S. Rep. Dana Rohrabacher, R-Calif., is expected to introduce legislation allowing states to set their own policy on marijuana.

Senate Judiciary Chairman Patrick Leahy, D-Vt., has indicated he plans to hold a hearing on the conflict between state and federal marijuana laws and has urged an end to federal "mandatory minimum" sentences that lead to long prison stints for drug crimes.

"We're seeing enormous political momentum to undo the drug war failings of the past 40 years," said Bill Piper, director of national affairs for the Drug Policy Alliance, who has been working with lawmakers on marijuana-related bills. "For the first time, the wind is behind our back."

The Justice Department hasn't said how it plans to respond to the votes in Washington and Colorado. It could sue to block the states from issuing licenses to marijuana growers, processors and retail stores, on the grounds that doing so would conflict with federal drug law.

Blumenauer and Polis' paper urges a number of changes, including altering tax codes to let marijuana dispensaries deduct business expenses on federal taxes, and making it easier for marijuana-related businesses to get bank accounts. Many operate on a cash basis because federally insured banks won't work with them, they noted.

Blumenauer said he expects to introduce the tax-code legislation as well as a bill that would reschedule marijuana under the Controlled Substances Act, allowing states to enact medical marijuana laws without fear that federal authorities will continue raiding dispensaries or prosecuting providers. It makes no sense that marijuana is a Schedule I drug, in the same category as heroin and a more restrictive category than cocaine, Blumenauer said.

The measures have little chance of passing, said Kevin Sabet, a former White House drug policy adviser. Sabet recently joined former Rhode Island Rep. Patrick Kennedy and former President George W. Bush speechwriter David Frum in forming a group called Project SAM - for "smart approaches to marijuana" - to counter the growing legalization movement. Sabet noted that previous federal legalization measures have always failed.

"These are really extreme solutions to the marijuana problem we have in this country," Sabet said. "The marijuana problem we have is a problem of addiction among kids, and stigma of people who have a criminal record for marijuana crimes.

"There are a lot more people in Congress who think that marijuana should be illegal but treated as a public health problem, than think it should be legal."

Project SAM suggests people shouldn't get criminal records for small-time marijuana offenses, but instead could face probation or treatment.

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WikiTiger
LSU Fan
Member since Sep 2007
40721 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

Sabet said. "The marijuana problem we have is a problem of addiction among kids,


so he's a moron

great






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Patton
Columbia Fan
Principality of Sealand
Member since Apr 2011
19348 posts

re: good news on the weed front, the feds want a bigger piece of pie


Cliff notes





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John McClane
New Orleans Saints Fan
Member since Apr 2010
24459 posts

re: good news on the weed front, the feds want a bigger piece of pie


No kidding





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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16598 posts

re: good news on the weed front, the feds want a bigger piece of pie


The next cash cow for politicians. It will be interesting when weed gets taxed as heavily as tobacco. I wonder how pissed the weed bubbas will get.





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braindeadboxer
LSU Fan
Utopia
Member since Nov 2011
5015 posts

re: good news on the weed front, the feds want a bigger piece of pie


Doesn't matter if they are red or blue. They only care about green. They have $$ in their eyes from new taxes.





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KeyserSoze999
LSU Fan
Member since Dec 2009
3924 posts

re: good news on the weed front, the feds want a bigger piece of pie


hell IDK didn't read it all either, main thing is that the feds see that money is involved, and they can't tax it unless it is legal, or at least illegal, but with their blessing.





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G Love
LSU Fan
Denver, CO.
Member since Jan 2011
428 posts

re: good news on the weed front, the feds want a bigger piece of pie


Sounds about right. Here in Colorado, pot is taxed by the state, county and city.





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KeyserSoze999
LSU Fan
Member since Dec 2009
3924 posts

re: good news on the weed front, the feds want a bigger piece of pie


yeah, I pay that colorado tax





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G Love
LSU Fan
Denver, CO.
Member since Jan 2011
428 posts

re: good news on the weed front, the feds want a bigger piece of pie


And it's still cheaper to buy it legally. I heard it's 40 to 50 an 1/8 on the street.





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DEANintheYAY
USA Fan
LEFT COAST
Member since Jan 2008
31023 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

It will be interesting when weed gets taxed as heavily as tobacco. I wonder how pissed the weed bubbas will get.


I pay taxes now and have no problem with it.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16598 posts

re: good news on the weed front, the feds want a bigger piece of pie


Is it on the level of cigs yet?





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G Love
LSU Fan
Denver, CO.
Member since Jan 2011
428 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

Is it on the level of cigs yet?


What the tax on a pack of cigs? 50% of cost? It's not that high.






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KeyserSoze999
LSU Fan
Member since Dec 2009
3924 posts

re: good news on the weed front, the feds want a bigger piece of pie


yeah I get top shelf for $35 an eighth and one free eighth a month. There are still a few mountain growers that sell on the cheap, but they are few and far between.





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lsu777
Georgetown Fan
westlake
Member since Jan 2004
6078 posts

re: good news on the weed front, the feds want a bigger piece of pie


Can't wait to nd the war on drugs. Hopefully peds are next for non sport participants but I doubt it.





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The Easter Bunny
Georgia Tech Fan
Minneapolis, MN
Member since Jan 2005
41996 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

that a federal tax of $50 per ounce could raise $20 billion a year.


how much does an ounce of pot normally cost on the street?






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G Love
LSU Fan
Denver, CO.
Member since Jan 2011
428 posts

re: good news on the weed front, the feds want a bigger piece of pie


This varies widely across the country.





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BayouBandit24
New Orleans Saints Fan
Member since Aug 2010
13323 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

Hopefully peds are next for non sport participants but I doubt it.


Ive never understood why one cant take PEDs if they want too. Me taking steriods for example would effect nobody but me.






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Swampcat
LSU Fan
Member since Dec 2003
6252 posts

re: good news on the weed front, the feds want a bigger piece of pie


Foreign born president( allegedly), boys scouts to allow homosexuals in leadership positions, approval of homosexual marriage and decriminalizing pot while feds make huge profit. Our country has come so far, we should all be so proud. Wow, just wow.

I know I was also so touched when I saw Elton and His husband adopting a new baby boy together. How precious. So proud.






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G Love
LSU Fan
Denver, CO.
Member since Jan 2011
428 posts

re: good news on the weed front, the feds want a bigger piece of pie


quote:

Foreign born president( allegedly), boys scouts to allow homosexuals in leadership positions, approval of homosexual marriage and decriminalizing pot while feds make huge profit. Our country has come so far, we should all be so proud. Wow, just wow.


This does make me very proud to be an American.

quote:

I know I was also so touched when I saw Elton and His husband adopting a new baby boy together. How precious. So proud.


Oh you're joking. Get out from under your rock much?






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