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Started By
Message
re: IRS Taxing Colorado Weed Stores Into Oblivion
Posted on 11/4/14 at 11:15 am to Darth_Vader
Posted on 11/4/14 at 11:15 am to Darth_Vader
I've never understood the tax it to death option. Most people will still end up buying in the cheaper black market.
Keeping the price high, won't cut a single crime and will just push most people to get it the way they used to get it.
Keeping the price high, won't cut a single crime and will just push most people to get it the way they used to get it.
2
Posted on 11/4/14 at 11:30 am to TigerMyth36
It's not that. There's a wrinkle in the tax law that illegal business have to file taxes even though it's illegal, which is what these people are doing. The problem is that running an illegal business doesn't give you the same tax deductions as running a legal one.
Posted on 11/4/14 at 11:40 am to TigerMyth36
quote:
I've never understood the tax it to death option. Most people will still end up buying in the cheaper black market.
Keeping the price high, won't cut a single crime and will just push most people to get it the way they used to get it.
The stores know this. The successful retail shops are focusing on marijuana products (higher margins) as opposed to dry bud.
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