PB&J Posted February 23, 2009 Report Share Posted February 23, 2009 Legalize It: Ammiano to Introduce Legislation Monday to Allow Pot -- and Tax It By Joe Eskenazi in Breaking News, Government Sunday, Feb. 22 2009 @ 5:00PM The story SF Weekly broke on Friday is true: Assemblyman Tom Ammiano will announce legislation on Monday to legalize marijuana and earn perhaps $1 billion annually by taxing it. Quintin Mecke, Ammiano's press secretary, confirmed to SF Weekly that the assemblyman's 10 a.m. Monday press conference regarding "new legislation related to the state's fiscal crisis" will broach the subject of reaping untold -- and much-needed -- wealth from the state's No. 1 cash crop. Mecke said Ammiano's proposed bill "would remove all penalties in California law on cultivation, transportation, sale, purchase, possession, or use of marijuana, natural THC, or paraphernalia for persons over the age of 21." The bill would additionally prohibit state and local law officials from enforcing federal marijuana laws. As for Step Two -- profit -- Ammiano's bill calls for "establishing a fee on the sale of marijuana at a rate of $50 per ounce." Mecke said that would bring in roughly $1 billion for the state, according to estimates made by marijuana advocacy organizations. http://blogs.sfweekly.com/thesnitch/2009/0...to_introdu.php# It is just a proposal so far, but it is a step in the right direction. They estimate a billion dollar revenue for the state from taxing marijuana, but they don't mention how much money will be saved from not needed to police, arrest and try users/growers/dealers. This will also take violent gangs out of the picture if it is available legally, and may even increase tourism. I am curious to see how the feds deal with it if it passes. Obama has stated in the past he wont use the federal government to enforce federal laws over state laws when it came to medical marijuana. Would he hold the same stance towards this? Link to comment Share on other sites More sharing options...
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