by David McCormack. Colorado has generated so much money from recreational pot taxes that the state is bound by law to pass some of the tax money directly on to residents. Voters legalized marijuana in 2012 on the understanding that revenue raised would go to schools, but a 1992 voter-approved constitutional amendment means some of the ... MORE
Showing posts with label windfall profits. Show all posts
Showing posts with label windfall profits. Show all posts
Pot Is Making Colorado So Much Money The State May Have To Give Some Of Its $50 Million Windfall To Taxpayers
by David McCormack. Colorado has generated so much money from recreational pot taxes that the state is bound by law to pass some of the tax money directly on to residents. Voters legalized marijuana in 2012 on the understanding that revenue raised would go to schools, but a 1992 voter-approved constitutional amendment means some of the ... MOREMatthew Yglesias: Why Price Gouging Is Necessary
Getting supply to where it is needed most. Some more words on price gouging, as New York and New Jersey are increasingly afflicted by gasoline shortages. There are three issues we need to look at here. One is allocation, one is short-term supply, and one is long-term supply. A lot of people seem to want to look at this purely as an allocative ... MORE
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