We all know that Prop 19 didn’t pass. It would have made things so much easier, especially in the state of California where their budget has been in the negative. After the ballot failed on Nov 2nd cities in California have been deciding whether they should tax medical marijuana clinics. Well Los Angeles is the next city on the list to decide.
The City Council is scheduled to consider putting a tax measure on the ballot next March because Los Angeles is cash strapped like the rest of the state. Councilwoman Janice Hahn says it would be $50 for every $1,000 that medical marijuana collectives received. She said the tax from marijuana dispensaries could bring in $3 million to $5 million a year.
The city advisers have don’t like the idea put together because they say Los Angeles would be taxing non-profit businesses, which are suppose to be non-taxable and federally it is considered illegal. Hahn however notes that San Jose, Sacramento and other cities already have such taxes.
It would be a great idea to tax marijuana, especially legally because it would generate tons of profit. My question is if the cities want to tax marijuana now, how come they just didn’t make it legal? I guess they want their cake and eat it to.