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re: Colorado passes $1 billion in marijuana state revenue
Posted on 6/13/19 at 12:15 pm to olemissfan26
Posted on 6/13/19 at 12:15 pm to olemissfan26
quote:
Mississippi could solve it’s infrastructure problems by bringing the lottery to the state and legalizing marijuana but we would never do that.
And we could raise teacher pay but no one wants easy solutions to hard problems
As long as the money isn't squandered or stolen.
Oregon sure hasn't done much with their monies.
1
Posted on 6/13/19 at 12:16 pm to Salamander_Wilson
quote:Good point. I'd imagine many of these people were already buying from a dealer.
Or these people could have been buying weed illegally, therein giving Colorado no tax revenue.
Posted on 6/13/19 at 12:17 pm to HailHailtoMichigan!
quote:
People are buying marijuana, but they are doing so by switching their spending habits to mj from other products.
Every dollar spent on mj is a dollar not spent elsewhere
Or they were buying it illegally before with no tax revenue
Posted on 6/13/19 at 12:17 pm to RLDSC FAN
Sad we are willing to sell out our morals for the dollar and a quick high. Broken families, welfare queens, overweight, drug heads. All that makes up this country anymore. Satan continues to do his work, God will judge this nation harshly one day. Sad how far we have fallen
Posted on 6/13/19 at 12:19 pm to jamiegla1
You can still buy marijuana illegally in Colorado to avoid sales taxes
Posted on 6/13/19 at 12:19 pm to RLDSC FAN
quote:
Colorado passes $1 billion in marijuana state revenue
and probably lost $2 billion in productivity revenue
I'm for legalizing weed btw.
Posted on 6/13/19 at 12:19 pm to deltaland
quote:I think I found your cringiest moment.
Sad we are willing to sell out our morals for the dollar and a quick high. Broken families, welfare queens, overweight, drug heads. All that makes up this country anymore. Satan continues to do his work, God will judge this nation harshly one day. Sad how far we have fallen
Posted on 6/13/19 at 12:20 pm to LSUintheNW
quote:
They need to clear out the homeless with some of that money.
Lulz. Tell us how y’all in the NW solved your homeless problem and while you’re at it tell us how you solved your heroin problem.
Posted on 6/13/19 at 12:20 pm to HailHailtoMichigan!
quote:
People are buying marijuana, but they are doing so by switching their spending habits to mj from other products.
They we're doing that before it was legal for the most part. It's not like it was impossible to find on the black market, especially in Colorado.
The additional revenue is from getting a cut of a market that they weren't getting anything from prior to legal sales.
There's of course some substitution happening, but it's not
quote:
it just means the state lost a billion dollars in sales tax revenue in other industries which is now being spent in mj shops.
Because a big chunk of it was already being spent on marijuana before legalization
quote:
You can still buy marijuana illegally in Colorado to avoid sales taxes
But most won't because of the convenience of going to a store on your schedule, that also has a wide variety of options.
This post was edited on 6/13/19 at 12:24 pm
Posted on 6/13/19 at 12:20 pm to HailHailtoMichigan!
quote:
We call this substitution effect in economics
Que? That is not what substitution effect meant in any econ class I took, it is the opposite of the income effect which both deal with pricing/demand for cheap/luxury goods.
Posted on 6/13/19 at 12:21 pm to HailHailtoMichigan!
quote:
You can still buy marijuana illegally in Colorado to avoid sales taxes
You’d have to really hate taxes lol
Posted on 6/13/19 at 12:24 pm to HailHailtoMichigan!
quote:
You can still buy marijuana illegally in Colorado to avoid sales taxes
Aren't you a little old to be underage drinking?
Posted on 6/13/19 at 12:27 pm to HailHailtoMichigan!
So where would my money be going elsewhere when I visit Denver and buy a shitload of edibles and carts before leaving?
Posted on 6/13/19 at 12:30 pm to RLDSC FAN
At least we still have our conservative values. Can’t put a price on that
Posted on 6/13/19 at 12:32 pm to KurtRussell
quote:
I think I found your cringiest moment
maybe but if he says shite like this id bet hes got plenty cringey moments
Posted on 6/13/19 at 12:32 pm to RLDSC FAN
quote:
passes $1 billion in marijuana state revenue
but muh devil's lettuce
This post was edited on 6/13/19 at 12:33 pm
Posted on 6/13/19 at 12:34 pm to deltaland
quote:
Sad we are willing to sell out our morals for the dollar and a quick high. Broken families, welfare queens, overweight, drug heads. All that makes up this country anymore. Satan continues to do his work, God will judge this nation harshly one day. Sad how far we have fallen
But I would be willing to bet you are cool with booze being legal, right?
That definitely isn't the gateway drug.
Posted on 6/13/19 at 12:36 pm to RLDSC FAN
AL and MS could lead the country in production with the black belt seam. Just too retarded to take advantage.
Posted on 6/13/19 at 12:40 pm to fjlee90
quote:Jesus drank alcohol. He did not smoke dirty weed. Case closed
But I would be willing to bet you are cool with booze being legal, right? That definitely isn't the gateway drug.
Posted on 6/13/19 at 12:41 pm to Obtuse1
quote:
Que? That is not what substitution effect meant in any econ class I took, it is the opposite of the income effect which both deal with pricing/demand for cheap/luxury goods.
I didn't want to get into it but his example is a terrible explanation of the substitution effect
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