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(RealClear)   Colorado collects $2 millon in recreational pot taxes. Who could have seen that coming? Oh, about 300 million Americans   (realclear.com ) divider line
    More: Obvious, Colorado, state Department of Revenue, Americans, Colorado collects, excise taxes, sales taxes  
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4994 clicks; posted to Main » on 10 Mar 2014 at 9:15 PM (2 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2014-03-11 09:12:43 AM  

dr_blasto: zepher: The majority of states just need to legalize it already.
The War on Drugs has been an epic failure that has done nothing but militarize our police and waste billions of dollars.

I'm interested to see how and, well, if the cops can be demilitarized. I'm going to guess they will have some other thing to sweat, like meth, that will require better body armor, identity concealment and more assault rifles while they pack into their APCs, maybe LA and NY will get a couple Abrams once we've pulled out of Afghanistan completely.


Since the police started working up their armament long before the 70's, i.e. 1920's, I doubt anyone will be able to give them a convincing argument to disarm.  Every time a cop is shot while performing a traffic stop, each cop looks at what they carry and wonders if it is enough to keep them from being the next one.  And if your job involves being the guy who is storming into a violent, hostile suspect's home, you'd want a lot more than a service gun and a vest.
 
2014-03-11 09:29:50 AM  

lack of warmth: Since the police started working up their armament long before the 70's, i.e. 1920's, I doubt anyone will be able to give them a convincing argument to disarm. Every time a cop is shot while performing a traffic stop, each cop looks at what they carry and wonders if it is enough to keep them from being the next one. And if your job involves being the guy who is storming into a violent, hostile suspect's home, you'd want a lot more than a service gun and a vest.


The problem is cops are looked at (legally) as more equal than others.  Assault a regular person it is one thing, assault an (off duty) cop it is something completely different.  Things that would be guaranteed prison sentences for a normal person might (might!) get a cop a short paid leave.  Doing something to a police dog is assaulting an officer, an officer shooting your Dachsund because it barked at him is SOP.
 
2014-03-11 10:09:29 AM  

AeAe: I should hope they got some money out of it.. because 37 PEOPLE DIED IN COLORADO as a result of pot legalization!


I wonder how many marijuanas they had to inject before they died.
 
2014-03-11 10:53:52 AM  

GanjSmokr: Sadly, I think it's way less than what they were expecting.

"Last year's pot vote guessed that the taxes would produce $70 million a year, and it's unclear what lawmakers can do with tax money that exceeds that figure.

Colorado's Joint Budget Committee plans a Wednesday briefing with lawyers to lay out their options for spending pot taxes beyond $70 million."

Unless my math is off, I don't think they're going to have to worry about that anytime soon.


FTA, that amount of tax revenue looks like it was generated by just 24 stores, which is all that was open through most of January.  That comes out to about $87k per store.  They generated almost as much income as all of the liquor taxes for the entire state.

Damn
 
2014-03-11 12:43:55 PM  

Pangea: AeAe: I should hope they got some money out of it.. because 37 PEOPLE DIED IN COLORADO as a result of pot legalization!

I wonder how many marijuanas they had to inject before they died.


At least 1 marijuana injection each.  At least 1.
 
2014-03-11 01:44:00 PM  

maddermaxx: 2 - it's not exciting because you can stick your dick in (I definitely wouldn't), legalising prostitution is exciting because various lonely guys are already sticking their dick in anyway, and by legalising it you get tax revenue, can enforce safety measures to a degree (for both Johns and the girls), and stop money going to the black market. There's more reasons for legalising prostitution than there are for legalising pot, when it comes right down to it.


I largely agree, but the previous posters seem to think taxed and regulated prostitution would catapult the US to fiscal solvency. I was questioning if it would really be that popular.
 
2014-03-11 02:36:26 PM  
they've got to add in the realized savings on the arrest/courts/detention side of the equation also... that's saved money.

and as we all know, a penny saved is a penny earned.
 
2014-03-11 03:31:40 PM  

AeAe: Pangea: AeAe: I should hope they got some money out of it.. because 37 PEOPLE DIED IN COLORADO as a result of pot legalization!

I wonder how many marijuanas they had to inject before they died.

At least 1 marijuana injection each.  At least 1.


85.73 grams of pure thc right up the ol' tubing, bam! Dead. 70 grams? You're just fine. That's what makes even 1 marihuana dangerous!

/for a 150lb person
 
2014-03-11 03:54:25 PM  

dr_blasto: dywed88: somemoron: I'm not a lawyer or government studiologist, so maybe someone familiar with the state vs federal system can chime in:

Let's say the feds never legalize pot at the national level... but all the states individually do.  What power/authority does the fed have in a case where no crime is committed at the state level, but on a federal level, if only on paper?  Is it even possible (legally) for the fed to maintain its illegality?

Doesn't have to be pot, could be anything.  Just curious about how this odd scenario would work out.

The Feds have every legal right to bust your ass for having pot in your own living room and to charge the state licensed distributor who sold it to you with drug trafficking (and probably a lot of follow up crimes). Federal law trumps state law, plain and simple.

They have said they won't pursue minor possession or state approved activities off of Federal land. But that is an administrative policy and if the next President decided he really needed the law and order vote, there is nothing stopping him from reversing that policy.

They certainly do have the legal authority, but they do not have the personnel. The DEA isn't so massive that they could attack the legal pot "problem" at the user end. There is zero chance of them projecting that legal authority to the user base. They can and will perform the small busts of morons that need to challenge their authority directly. They may go after the larger pot businesses, but at some point the DEA and other alphabet agencies won't be able to chase down all the bits and pieces as there will simply be too many. They won't have the needed bandwidth with USAs and they will have a very difficult time with juries.

In the end, the IRS will be the only way to stop the pot industry.


"Gettin' up fo Alpha-Bits is EZ!"
s29.postimg.org
 
2014-03-12 02:12:05 AM  

TV's Vinnie: Now if only brothels were legal nationwide. Our national deficit would be wiped out AND we'd have enough funding for at least one Mars colony by the end of the year.


shiat, if brothels were legal, I'd be running one. I've always wanted to be like Lady Callahan... and while I have no moral problem with prostitution, I'd make sure the workers were treated fairly.
 
2014-03-12 03:08:41 AM  

ladyfortuna: TV's Vinnie: Now if only brothels were legal nationwide. Our national deficit would be wiped out AND we'd have enough funding for at least one Mars colony by the end of the year.

shiat, if brothels were legal, I'd be running one. I've always wanted to be like Lady Callahan... and while I have no moral problem with prostitution, I'd make sure the workers were treated fairly.


That's the whole point. Using the Nevada system as a basis, the ladies are screened for drugs/STDs weekly, taxes are collected, and everybody's happy.

Except for the fundies and pimps, of course.
 
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