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Cannabis taxes imposed by the government. Anyone know where they're allocating those funds? Are they increasing?
if that's the truth I'm never buying from a dispensary again wtf
Same here.
Should go to the schools. Specifically teachers
If it did it would only be like they did with lottery. Give all the money from lottery to education, then promptly remove all the funding they were giving to them previously.
Well you’d think at some point their wouldn’t be any funding left to pull.
Walmart heirs and payday loan sharks.
😂😂😂
This reads as though the state’s 6% tax is on top of the regular state sales tax rate. Is that accurate?
And if both ballot initiatives pass that will be another 6% (3% city, 3% county) on top of that even?
Talk about a racquet.
The current taxes on rec are the standard MO sales tax + current local sales tax + 6%. The state is unclear if both the county 3% rec tax and city 3% rec tax would stack. Even then, Missouri would have a relatively low tax on cannabis compared to other states.
So it would be either 16.975% or 19.975%, in total, depending on whether the County tax applies to incorporated cities with their own taxes.
Even if it that IS relatively low compared to other states, it just shows what a racquet government tax codes are for things that are politically convenient money grabs (i.e., demonize a product and get a majority of voters to approve taxing the crap out of the minority that uses the product). Insert your favorite "sin tax" as an alternate case. It works just as well.
Well, I think there are other reasons to have a sin tax that aren't just cash grabs. Chiefly, high taxes discourages use of sin items, which we want to do for public health reasons. High taxes also (theoretically) fund the treatment of the harm the sin item does to society.
If those taxes are supposed to discourage the use of something, what is the income tax discouraging?
Income tax isn't a sin tax. By sin tax, I mainly mean specific taxes on cannabis, alcohol, tobacco, and gambling.
I know what you meant. Taxes are far more immoral than those things
edit: removed sassy response.
Were you not arguing that the taxes on those things are okay because you deemed them to be sinful? I might be reading your message wrong, but that's how it came off.
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1.3y
Another great idea! Ties in nicely with the idea that taxes aren't always about raising revenue.
57% to “Public safety”. Change that to anything else and I’m in.
Where all our money goes. To the police
The money is going to fund all of the expungements too.
A rep from the city and Boone County Commissioner Kip Kendrick were at the League of Women Voters Forum at the library on Tuesday. The League has a recording of it available on their FB page. Check out the last 15 mins or so. They took questions from the community. The city will be putting it in the general fund to pay for social services like CPD and health services and whatever else the city deems necessary. The county will be using it to help pay for the staffing to expunge the records of those convicted of drug crimes at least through 2024 or 2025. After that they are not sure what the money will be used for.
Do they have a similar tax for alcohol? If not, I’m voting no.
There is but it is no where close to what they are doing here .
That's what I'm saying. If people want to enjoy their legal vices, that's great. However, I don't like that Marijuana is considered worse than Alcohol, Tobacco, and Fast Food. Despite each one of those having 10x the confirmed deaths of Marijuana. If you want to impose a flat 20% vice tax, then include it on Tobacco, Alcohol, Marijuana, and Fast Food.
That's just my 2 cents. I'm not sure why it bothers me so much, I don't even smoke Marijuana.
10x? When did anyone ever die from cannabis?
Yes there is lol
No until it’s more established on what the taxes are going to.
I think some of the local ones are supposed to go towards funding butts in chairs to go through expungement procedures. Still a new tax, so vote no. They can try to balance a budget like us "peons" have to do.
to Ukraine.
Ah yes one of the most republican run states donating to ukraine, totally makes sense
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It's going to the general fund which means it's going to como pd