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Thread: Massachusetts to [possibly] Regulate Cannabis!

  1. #11
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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Quote Originally Posted by Phantom View Post
    I too hope they amend this bill to lower the proposed tax on it. Right now the goal should be to get this stuff off the street and into a controlled market. They will have time to get their tax money later.

    If they start the plan with a high tax, there will still be an underground market for it and people like Bill O'Reilly will say "See, legalization doesn't work!"

    Starting with a tax of about $25-40 per ounce would be great. After some time, they could gradually increase it.
    Actually I think Ca had it about right with AB 380 and their proposal of $50 per ounce.

    let me check my bookmarks here.. I have the proposed bill, I think it is unchanged since I bookmarked it since it has just been sitting idly by awaiting its committee discussions.

    http://www.mass.gov/legis/bills/hous...02/ht02929.htm

    on re-skimming the legislation it does have a sliding tax scale.. the outrageous $250 figure just happened to be what stuck in my mind.

    Section 9. The authority shall impose and collect an excise upon sales at retail of cannabis. The rate of said excise is hereby established as follows:

    Class C One hundred fifty dollar per ounce

    Class B Two hundred dollars per ounce.

    Class A Two hundred fifty dollars per ounce.

    Subject to approval by the general court, such excise shall be adjusted by the authority from time to time as necessary to maximize the revenue derived therefrom, and to minimize the incentive for the sale of cannabis not in accordance with the provisions of this act.
    Adjusting those tax rates downward prior to passage and leaving that clause in bold intact is crucial for the success of the legislation (they need to define "from time to time" and review regularly, especially at the onset of enactment). Minimizing incentive for illegal sale should be the #1 priority, not greed for maximizing revenue, but I fear greed will overrun.

    edit for info on the difference between class A, B and C:


    All cannabis sold by processors shall be analyzed and graded as follows:

    (1) If said cannabis contains more than 1% THC and less than 5% THC, then said cannabis shall be labeled “C”.

    (2) If the cannabis contains 5% or more than 5% and less than 10% THC, then said cannabis shall be labeled “B”.

    (3) If the cannabis contains 10% THC or more, then said cannabis shall be labeled “A”.
    Almost all the marijuana you will find on the street is going to be at least 5% THC, so the only 2 relevant tax rates are class A and class B. the $200/oz tax itself is higher than current black market price for comparable THC content
    Last edited by marduc; 10-16-09 at 01:29 AM.
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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Quote Originally Posted by chevydriver1123 View Post
    Sounds like a good plan, the question on everyone's mind of course will the Feds jackboot their way all over it?
    If they do then it will just show the rest of America more of how the FED needs to be chained down or abolished.
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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Don't piss off the federal government on this one, they'll come in and ruin it for the States. Why it's any of the federal government's business I don't really know, but they got the biggest guns so I guess they get to set the rules.
    You know the time is right to take control, we gotta take offense against the status quo

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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Ikari, it's because the DEA is the over reaching arm of the pharmaceutical industry. It has umbrella powers that the States don't have.

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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Quote Originally Posted by Ikari View Post
    Don't piss off the federal government on this one, they'll come in and ruin it for the States. Why it's any of the federal government's business I don't really know, but they got the biggest guns so I guess they get to set the rules.
    Probably for the same reason that people use for an excuse to have the government run schools, health care etc etc....

    The Congress shall have power To lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defence and general welfare of the United States
    Kinda funny the hypocrisy here really. We expect the federal government to stay out of our personal lives of smoking weed and drinking and what not and yet we demand them to provide health care reform so that everyone can have it. All based on the same thing that is used to prevent that which (apparently) lots of people want to smoke. Indeed the same reasoning is even used to prevent smoking cigarettes in restaurants and bars because people don't like smoking cigarettes. (non-smokers)
    Last edited by Kal'Stang; 10-18-09 at 12:56 AM.
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    Re: Massachusetts to [possibly] Regulate Cannabis!

    It should be $1,000 an ounce, but I say that's fine IF, and only IF the bill also contains provisions where - those who are under the influence cause bodily harm (i.e., via DUI) and then require substance abuse counciling, or detox, or whatever ... it comes out of that persons pocket. This can happen either through a lein on future pay or money that currently exists. This should be applied to all drugs if they are legalized, including alcohol and tobacco. Then anything can be legalized. Oh --- I'd also require the Castle Doctrine to be allowed in every state legalizing drugs, just in case the addicted have the notion to invade homes, steal things, turn it to cash for their habit.

    Pardon me, my libertarian is showing.

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    Re: Massachusetts to [possibly] Regulate Cannabis!

    Quote Originally Posted by Phantom View Post
    I wouldn't doubt it if some federal elected Republicans throw their fiscal conservative values out the window to justify such a raid, but the citizens of Massachusetts and state elected officials would be pretty pissed at the Obama administartion if it happened.
    Don't worry. They'll vote for him again.

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