Items tagged with taxation

Item title Description
Cuomo administration report backs marijuana legalization in New York [13.07.2018] The administration of New York Gov. Andrew Cuomo (D) released a state Health Department report that says the "positive effects" of legalization "outw...
Legalising cannabis 'would raise £1bn in tax for the UK' [29.06.2018] Legalising cannabis would raise £1bn a year in tax for the UK. A report from the Institute of Economic Affairs has valued the UK's black market at £2...
Legalising cannabis ‘could earn Treasury £3.5bn’ [02.06.2018] Introducing a legal cannabis market to the UK could earn the Treasury between £1bn and £3.5bn a year in tax revenues, a new report suggests. Health P...
High time to rehash drug policy, think tanks say, as legalisation could save taxpayer £900m [13.05.2018] Think tanks have today called on the government to radically rethink its drug policy, as it was revealed that taxpayers could save nearly £900m a yea...
Legalising cannabis adds $3.6bn to Australian economy, budget office says [22.04.2018] Legalising cannabis would reap the Australian economy almost $2bn a year, the Parliamentary Budget Office has found. The Greens plan to not only decr...
Why states should limit the potency of marijuana [07.02.2018] Marijuana legalization states have taken no steps to limit the potency of marijuana, which has increased sharply in recent years. A new study suggest...
How the U.S. Government is profiting from keeping pot illegal [01.02.2018] Because of the discrepancy between state and federal law, legal marijuana businesses are stuck paying twice as much as normal businesses – effective ...
Cannabis legalization can yield NIS 2.3b tax bonanza, report says [24.01.2018] The legalization of the cannabis industry can lead to a boon of NIS 2.3 billion ($675 million) in tax revenues a year for Israel, according to a new ...
California proposes armored cars to transport pot tax money [07.11.2017] California should use armored cars to transport hundreds of millions of dollars in cash tax payments expected next year with the state's legal mariju...
Cannabis cash conundrum: Some businesses bury money, others truck it to a federal vault [12.07.2017] With recreational use set to become legal next year under Proposition 64, cannabis sales in the state are expected to top $7.5 billion in 2020, up fr...

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