ST Alpha - "I'm definitely in favor of legalization and taxation of pot but they need to be careful with how much they tax it. " (Reading a Post)

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I'm definitely in favor of legalization and taxation of pot but they need to be careful with how much they tax it.

Posted by Krusty (aka krustylu) Nov 6 '13, 08:19

If it gets too high people will go back to selling and buying on the street.

Responses:

Exactly. What's the tipping point where people will pay to not be hassled? -- nm - volnelk Nov 6, 08:24 3
- 25% more seems reasonable but go higher and I can see people getting upset. -- nm - Krusty Nov 6, 08:27 2
  - I guess the 1st question, (which I have no idea) is "what are they charging retail as compared to what dealers used to charge?" -- nm - volnelk Nov 6, 08:28 1
    - In Colorado the prices are low so this isn't a major hit for them. - Krusty Nov 6, 08:33
just like has happened with cigarettes! -- nm - decline Nov 6, 08:24 7
- I know a few people that make decent scratch selling smokes brought up from the south. -- nm - Krusty Nov 6, 08:28 6
  - yep. one time I went to a wedding (kinda) in Charlotte. me and my bro bought cartons of cigs on the cheap, gave them to my mom and she sort of - Sade Nov 6, 08:31 5
    - Nice! I've thought about doing it myself. -- nm - Krusty Nov 6, 08:36 2
      - I always used to buy at least one carton on the Rez when we were traveling in the southwest. - Meg Nov 6, 08:38 1
        
        how quaint when we all KNOW you traffic *heavily* in fine tobaccos. -- nm - Diva Nov 6, 08:39
    - so *that's* the sweetest taboo. -- nm - Reagen Nov 6, 08:32 1
      - ha-ha! -- nm - Diva Nov 6, 08:35
does that not happen with everything, though? -- nm - groiny Nov 6, 08:22 3
- Some things like cigarettes, yes, but less so with alcohol. If the price is too high because of taxes sales will go back underground. - Krusty Nov 6, 08:25 2
  - Plus, it would be easier with weed because, unlike cigarettes and alcohol, the production has also been underground. -- nm - volnelk Nov 6, 08:30 1
    - Yup. People are also comfortable buying from a dealer and getting arrested is barely something to worry about. -- nm - Krusty Nov 6, 08:38
Good point -- nm - Epiphany Nov 6, 08:21

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I'm definitely in favor of legalization and taxation of pot but they need to be careful with how much they tax it.

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