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re: Marijuana tax in Louisiana could add $128 million in revenue

Posted on 5/24/16 at 2:08 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
138932 posts
Posted on 5/24/16 at 2:08 pm to
quote:

115MM of this would go unaccounted for. The number looks enticing until you realize where it ends up.

Exactly
Posted by link
Member since Feb 2009
19945 posts
Posted on 5/24/16 at 2:08 pm to
instead of makign hard core drugs legall which is stupid bythe way, why dont they try to tax something else first that can kill you like cigarettes and see how tha tworks instead?

dont tax beer tho if you tax beer to much there stop buying it and it would be bad for louisiana
Posted by Rickety Cricket
Premium Member
Member since Aug 2007
46883 posts
Posted on 5/24/16 at 2:08 pm to
Compound the tax revenue with the decreased costs of incarcerating and prosecuting possession/dealing, and it's an even bigger boon for the state coffers.
Posted by meauxses
Member since Nov 2012
2915 posts
Posted on 5/24/16 at 2:10 pm to
It's a little early to be drinking so heavily.
Posted by Powerman
Member since Jan 2004
173799 posts
Posted on 5/24/16 at 2:10 pm to
quote:

I hate when they base these studies on CO's numbers. CO is unique in that it's a weed tourism location that's heavily reliant on prohibition elsewhere.


If the revenue was half of the projection it would still be worth it

Would it not be worth it for 68 million in revenue?
Posted by RonBurgundy
Whale's Vagina(San Diego)
Member since Oct 2005
13302 posts
Posted on 5/24/16 at 2:13 pm to
quote:

It's such a no-brainer that it'll never happen.

Then some other nearby state will legalize it, and that added revenue will decrease significantly because LA won't be drawing in as many people from nearby states.


Louisiana will probably make it legal to smoke on casino grounds only
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 5/24/16 at 2:13 pm to
quote:

why dont they try to tax something else first that can kill you like cigarettes and see how tha tworks instead?

dont tax beer tho if you tax beer to much there stop buying it and it would be bad for louisiana


I...uhhh....alcohol and tobacco are already taxed.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9503 posts
Posted on 5/24/16 at 2:14 pm to
quote:

instead of makign hard core drugs legall which is stupid bythe way, why dont they try to tax something else first that can kill you like cigarettes and see how tha tworks instead? dont tax beer tho if you tax beer to much there stop buying it and it would be bad for louisiana


Posted by LSUFanHouston
NOLA
Member since Jul 2009
41084 posts
Posted on 5/24/16 at 2:14 pm to
quote:

You can't spell TOPS without POT


POT for TOPS

SPOT likes POT, SPOT likes TOPS, SPOT smokes POT for TOPS
Posted by LSUBoo
Knoxville, TN
Member since Mar 2006
104059 posts
Posted on 5/24/16 at 2:14 pm to
quote:

instead of makign hard core drugs legall which is stupid bythe way, why dont they try to tax something else first that can kill you like cigarettes and see how tha tworks instead?

dont tax beer tho if you tax beer to much there stop buying it and it would be bad for louisiana


Hey Lucas!
Posted by slackster
Houston
Member since Mar 2009
91838 posts
Posted on 5/24/16 at 2:15 pm to
quote:

If there is any state in the USA that would benefit from legalization, it is Louisiana. Will never happen, when we put people away for decades over a joint.


While I agree it needs to happen, I think your last sentence is pure hyperbole.

As for the OP, that number seems pretty reasonable. LA brought in $116MM in cigarette taxes in 2013, and that was before they went from $.36 to $1.08 per pack of cigarettes.
Posted by Lucky_Dog
Member since May 2016
785 posts
Posted on 5/24/16 at 2:16 pm to

That god our elected officials know what's best for us and protect us from all that reefer madness. Think of all the kids overdosing on pots.
Posted by Titus Pullo
MTDGA
Member since Feb 2011
28567 posts
Posted on 5/24/16 at 2:16 pm to
I'd love to see a southern stage legalize it. Would flood the second hand market too.

It's not going to be AL or MS.

TN would be nice since that's only 15 mins up the road. I would move.
Posted by The Cow Goes Moo Moo
Bucktown
Member since Nov 2012
4321 posts
Posted on 5/24/16 at 2:16 pm to
quote:

no I would much rather have a bunch of drunky monkeys buying our women alcohol then getting roofied and then being raped


That's already happening, don't add to the problem with a bunch of stoners getting baked and eating all my taco bell
Posted by Starchild
Member since May 2010
13550 posts
Posted on 5/24/16 at 2:18 pm to
Colorado gave a prediction like that and were at double that prediction like 6 months into the year.

Louisiana too would obliterate that projection imo. It'd be closer to $2-300. This is an absolute no brainer but Louisiana politics is shitty and can't see that
This post was edited on 5/24/16 at 2:20 pm
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
7063 posts
Posted on 5/24/16 at 2:19 pm to
quote:

Will never happen, when we put people away for decades over a joint.



This is the real reason states in the south won't legalize.

It's not the lord, but the laws that enrich the departments of justice that prevent real justice from happening. But, their days are numbered. Cultures and norms are changing, and it truly is only a matter of time.
This post was edited on 5/24/16 at 2:20 pm
Posted by Paddyshack
Land of the Free
Member since Sep 2015
11063 posts
Posted on 5/24/16 at 2:23 pm to
quote:

stoney baloney losers driving around my streets and raping all our women


Gotta be a troll.
Posted by Titus Pullo
MTDGA
Member since Feb 2011
28567 posts
Posted on 5/24/16 at 2:23 pm to
All the southern states, sans AL adopted the sinful lotto, they will eventually do the same with weed, sans AL.

Money talks. We just need one domino to fall and the other states will be jealous.

Arkansas almost pulled it off a cpl years back I believe. That would work.
Posted by BamaCoaster
God's Gulf
Member since Apr 2016
7063 posts
Posted on 5/24/16 at 2:27 pm to
Would legalizing cannibas solve AL's budget problems?

quote:

t's not going to be AL


This guy wrote an article that bama would free up a ton of money, and it was shared nearly 20k times.
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 5/24/16 at 2:30 pm to
quote:

$128 million

quote:

Fix our street


FIFY, but for $128 million, you only get one.

Signed
La Politicians
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