We’re rolling up on November 2nd! Here’s another answer to one of the many questions I’ve received related to PROPOSITION 19. And as promised, I’m doing my best to answer them in an informative and slutty way, ha!
Thanks for clicking over.
My friends over at Tax Cannabis.org are running a forum just like this and seems appropriate for my audience as well. So, the question once again.
What would you do with $1.4 billion?
The California Legislative Analyst’s Office (LAO) report on Proposition 19 projects that controlling and taxing cannabis could bring $1.4 billion in tax revenue to the state — every single year. Even half of that enormous sum would rescue a state like California which faces annual budget crises. FACT, $1.4 billion could really be put to good use so vote YES ON PROP 19 November 2nd, 2010.
Now to the meat of all this… Fast forward to November 3rd, 2010.
Okay, so you’ve voted YES ON PROP 19 and cannabis is now controlled and taxed. Given that the State of California will make a projected $1.4 billion in tax revenue because YOU VOTED YES ON PROP 19, we have a small problem. What should we do with all that money? Don’t forget, it will be for us (our representatives) to decide so keep it real. These comments will likely be read by local leaders. Most Analysts consider the voices of the few when determining the opinions and desires of the many.
Thanks for you input!