Tax Policy Center

marijuana

State and Local Issues: TaxVox
“Marijuana Industry Eager to Pay Taxes - and Cash in on Deductions” That was the headline for a story written by Rob Hotakainen of McClatchy Newspapers the other day. In less than a dozen words, it describes much of what’s wrong with the federal tax system. And in an odd way it helps explain why
August 20, 2013Howard Gleckman
State and Local Issues: TaxVox
Starting today, it is legal to smoke marijuana in Washington State . That got me thinking: Could taxing stoners help balance state budgets? The answer is yes, but it wouldn’t help much. One 2010 study , done for the libertarian CATO Institute, figures legalizing and taxing weed would increase state
December 6, 2012Howard Gleckman