Now this legalization of marijuana thing is getting funnier and funnier.

According to a Fitch Ratings report when you include taxes on the growers then the transporters, then the retailers and finally the customers the taxes on marijuana in the state of California could reach as high as 45% in some areas. The end users sales tax alone ranges from 22.25% to 24.25%, how would you like to learn that when you went to the cash register.

CNN is reporting those high tax rates could be high enough to drive people back to the illegal market.

You remember when the proponents of legalizing marijuana were selling this as a way to shutdown the illegal market and make a few dollars in taxing the end user. A few dollars to politicians is obviously different than a few dollars to you and I. Well as usual they were outright not telling you their true motives or some of them were bamboozled by politicians.

Stephen Walsh and Karen Ribble in the Fitch Ratings report on California's marijuana taxes were quoted stating:

High effective tax rates on California cannabis may complicate the state's efforts to establish legal markets

Taxes as high as 45% you have to be kidding me, this is rape by the government and their taxing authorities.

There are eight states which have legalized recreational marijuana and of those the following tax rates are:

  • Washington approximately 50%
  • Colorado and Nevada has a tax rate of 36%
  • Oregon has a tax rate of 20%
  • Alaska has a rate of up to 20%

Just another example of the politicians and the people who want the government to do something exaggerating or outright lying about their true intentions. This was enacted by the politicians as a way to simply collect more taxes.

Spark up another one boys and girls and make daddy government some cash.

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