ABC News regarding legalizing MJ for CA

[SHRED]

Are we really this ignorant to think that legalizing recreational use of weed will help the California economy?

The ABC News used estimates of $800 per plant (2 ounces) and therefore $100 in tax revenue.
I've got a question: Why are they using illegal price rates to estimate this?

Let's get real.
If pot is legal (which I favor) then the price will drop through the floor and therefore down go the tax benefits. It is easy to grow...trust me... ;)

Now when you want to talk about a tax revenue generator then all eyes should be affixed to industrial hemp.
This is where the potential for revenue generation lies along with the revitalization of a manufacturing base, once again, in this country.

These sensationalized stories about marijuana "saving the California economy" are nonsense and tabloid fodder...unless you are talking about hemp.



http://www.naihc.org/hemp_information/hemp_facts.html



http://www.votehemp.com/


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[lindisfarne]

1. Put 100% tax on it. Once legal, it will still be cheaper with 100% tax. Most will be

growing it themselves, and specify that tax must be paid even when not sold. Perhaps a per plant tax as well.