Oh Potheads how you make me giggle.......

[clublights]

State sales tax on hooch is 2.9%. My math may be off, but last time I checked, 25% is a much larger amount.

Confiscatory tax rates are but one way elected officials can destroy an industry while still allowing it to be technically legal.

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That is why I went with smokes as the comparison ...

1.05 per pack + 2.9% plus I think some other tax too ..... ends up on the average to be like 30% total. plus the feds tax it on their end too I believe.

[clublights]

LOL.

This thread is hilarious.

You don't agree?

Even potheads don't want the hassle of Jonny Law. their is a simple way to get what they want without breaking the law.

Just like all of us would ignore the whole Universal Background Checks if we could get away with it and not chance jail.

[Jeffrey Lebowski]

Maybe we can make a deal with these hippy liberal bastards. (Since they seem to keep electing most of the people in charge).

They can have their tax free pot if we can have back some of our firearms rights.

My similar thought was that this would be a great way for the tea party / libertarian types to bring these folks into their fold. Finally an issue the hippies might care about.

[Justin]

That is why I went with smokes as the comparison ...

1.05 per pack + 2.9% plus I think some other tax too ..... ends up on the average to be like 30% total. plus the feds tax it on their end too I believe.

I don't smoke, but a 30% tax is utterly outrageous.

Additionally, as has already been pointed out, there's a price point for legal weed that will be so high people will simply opt to go back to buying it on the black market.

That said, I don't pretend to know what that number is.

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[Colorado_Outback]

You don't agree?

Even potheads don't want the hassle of Jonny Law. their is a simple way to get what they want without breaking the law.

Just like all of us would ignore the whole Universal Background Checks if we could get away with it and not chance jail.

I just find it comical that the majority of the members here have never smoked pot and if they have it was decades ago. Yet everyone here is an expert on Marijuana trade, legal or otherwise.

Tell me again why I would go to the corner store and pay tax on a product thats legal to buy and own in CO again? Oh yea, to avoid all those scary pot dealers!

I have met more than one member here who smokes regularly, not everyone who smokes pot is a useless loser/scary pot dealer.
Most I have met are hardworking, honest and family oriented.

[Jeffrey Lebowski]

Tell me again why I would go to the corner store and pay tax on a product thats legal to buy and own in CO again?

As opposed to everything else you buy at the corner store?

[Colorado_Outback]

As opposed to everything else you buy at the corner store?

The black market for Skittles and 20oz Dr Peppers is pretty weak.. Marijuana on the other hand..

[Jeffrey Lebowski]

The black market for Skittles and 20oz Dr Peppers is pretty weak.. Marijuana on the other hand..

OK, and so if you are looking to try it for a laugh, or maybe entertain some guests and you are this person:

the majority of the members here have never smoked pot and if they have it was decades ago.

and you don't know this person:

I have met more than one member here who smokes regularly <snip>
Most I have met are hardworking, honest and family oriented.

And you don't feel like asking strangers on the street (or the internet) OR you don't feel like asking the most "hardworking, honest and family oriented" people you know where to score some pot, chances are, the corner store is gonna look pretty good. Even with some taxes. $0.02

Not my thing personally, but just looking at it as this person:

an expert on Marijuana trade, legal or otherwise

[crays]

The black market for Skittles and 20oz Dr Peppers is pretty weak.. Marijuana on the other hand..

Now, Skittles and Purple Drank, on the other hand.............

[Dave]

The black market for Skittles and 20oz Dr Peppers is pretty weak.. Marijuana on the other hand..

Why do people pay itunes and droid store $10+ for an album when it's free on the black market? Plenty of sites and ways to spoof an IP address if you want to go black market. The biggest problem will be getting LEO's to go after black market since untaxed weed would be just like buying unstamped cigarettes at a Brooklyn bodega.