Get Out of Debt Legalize Marijuana by Lou Dobbs

Feb 2006
12,708
1,933
California
#1
U.S. National Debt Clock : Real Time



[ame=http://www.youtube.com/watch?v=QVihzNS12jY]YouTube - Get Out of Debt Legalize Marijuana by Lou Dobbs[/ame]



FDR spent his first few days in office fixing the banks, and then he legalized beer. President Obama has buoyed the banks; what about legalizing marijuana? asks Keith Stroup, the attorney who founded the National Organization for the Reform of Marijuana Laws in 1970. For decades, Stroup has argued that legalizing pot would produce mega tax windfalls, and now, officials of states zonked out by the fiscal crisis—Texas, Tennessee, Massachusetts, and Pennsylvania—are asking Stroup for the 411 on ganja green. "As smokers," he adds, "we're raising our hands and saying: 'Tax us!' "

Could Legalizing Marijuana Help the Economy? - Washington Whispers (usnews.com)
 
Oct 2009
7
0
#2
More taxes (whether they be on Marijuana or something else) are not the answer to cutting our debt. The only way that will ever happen is if we cut spending. With the current crop of pols in DC, if you believe they'll do that then you must be smoking something!
Sorry, too many puns there...
 
Feb 2006
12,708
1,933
California
#3
lisa said:
More taxes (whether they be on Marijuana or something else) are not the answer to cutting our debt. The only way that will ever happen is if we cut spending. With the current crop of pols in DC, if you believe they'll do that then you must be smoking something!
Sorry, too many puns there...






 
Jan 2005
6,711
30
Massachusetts
#4
lisa said:
More taxes (whether they be on Marijuana or something else) are not the answer to cutting our debt. The only way that will ever happen is if we cut spending. With the current crop of pols in DC, if you believe they'll do that then you must be smoking something!
Sorry, too many puns there...


You are right on that. Introducing more or higher taxes is a short term solution however has many negative long term effects. Here in Massachusetts, our wonderful govenor Deval Patrick raised taxes from 5% to 6.25%. Since he became govenor of Massachusetts, our state has uncontrolled spending, job losses (and more coming soon as he announced layoffs), foreclosures, etc. How can you raise taxes especially at a time when people could actually use the money to help pay off their own expenses?? I would expect lowering taxes would put money back into our pockets (and small businesses), allowing job growth and increased household spending.
 
Likes: 1 person
May 2008
6,766
0
#5
Here in Puerto Rico we have a relatively new sales tax

TAXES - For the first time in Puerto Rico, a Sales and Use Tax (IVU, for its acronym in Spanish) system which substitutes the 6.6% general excise tax has been implemented. The Sales & Use Tax rate is 5.5%. The Act also establishes that each municipality has the option to impose an additional sales tax of up to 1.5% as of July 1, 2006; therefore, the total Sales & Use Tax is between 6.5% and 7%.



But the government has a lot of ways to raise revenue like import taxes on all items including items from America and an exceptional tax on imported autos...They tax almost everything but federal aid coming into the island. Some of the weird ways of hiding taxes here are unknown to the citizens for example a gallon of milk costs $5.60 and then you add the taxes above... Now imagine how much a Puerto Rican farmer gets for his milk raw from the farm... my bet it's less than that paid in the US considering here farmers don't have to store cattle feed or shelter cattle from bad weather... grass grows year round and no snow or raw weather to deal with... so check your price for a gallon of milk where you live and I think we can agree that at least half of the cost of a gallon of milk at the register is paid to the government.



My bet is if people look for hidden taxes at their localities to pay for big spending governments you could find the same hidden tax trends across America.
 
Jan 2005
6,711
30
Massachusetts
#6
Zack said:
Here in Puerto Rico we have a relatively new sales tax

TAXES - For the first time in Puerto Rico, a Sales and Use Tax (IVU, for its acronym in Spanish) system which substitutes the 6.6% general excise tax has been implemented. The Sales & Use Tax rate is 5.5%. The Act also establishes that each municipality has the option to impose an additional sales tax of up to 1.5% as of July 1, 2006; therefore, the total Sales & Use Tax is between 6.5% and 7%.



But the government has a lot of ways to raise revenue like import taxes on all items including items from America and an exceptional tax on imported autos...They tax almost everything but federal aid coming into the island. Some of the weird ways of hiding taxes here are unknown to the citizens for example a gallon of milk costs $5.60 and then you add the taxes above... Now imagine how much a Puerto Rican farmer gets for his milk raw from the farm... my bet it's less than that paid in the US considering here farmers don't have to store cattle feed or shelter cattle from bad weather... grass grows year round and no snow or raw weather to deal with... so check your price for a gallon of milk where you live and I think we can agree that at least half of the cost of a gallon of milk at the register is paid to the government.



My bet is if people look for hidden taxes at their localities to pay for big spending governments you could find the same hidden tax trends across America.


Well put Zack. It's sad having to pay all of these "hidden" taxes.. We need a fair tax system.. We are taxed on what we earn, and taxed on what we spend (simply double taxation). Just recently, liquor distributors and bars are now taxed for buying liquor AND selling liquor (double taxation or 12%+).



There's a lot of double taxation going on these days and it simply is not fair..
 
#8
RidinHighSpeeds said:
Well put Zack. It's sad having to pay all of these "hidden" taxes.. We need a fair tax system.. We are taxed on what we earn, and taxed on what we spend (simply double taxation). Just recently, liquor distributors and bars are now taxed for buying liquor AND selling liquor (double taxation or 12%+).



There's a lot of double taxation going on these days and it simply is not fair..
I would be very interested to hear about a tax that is "fair". How can taking someone's property away from them without there permission ever be fair?
 
May 2008
6,766
0
#9
kevindanielbrown said:
I would be very interested to hear about a tax that is "fair". How can taking someone's property away from them without there permission ever be fair?
All government operates on revenue... want a street or a public school then don't wait for the tooth fairy or Santa Claus... No state can survive without security, so you need cops... there must be a fair way to pay your fair share... what your idea of funding the bare essentials of government?
 
#10
Zack said:
All government operates on revenue...
Of course but why does it have to forcefully extracted without permission?



Every home/family operates on revenue too does that give them permission to forcefully take the property of others?



want a street or a public school then don't wait for the tooth fairy or Santa Claus...
Nor am I asking to wait for such nonsense just like I wouldn't ask a father trying to provide for his family to wait for the tooth fairy or Santa Claus.



No state can survive without security, so you need cops...
Yes so?



And no person can survive without food, water, shelter, etc. Does the fact that an individual needs such things to survive give them permission to forcefully take property from others to pay for it?



there must be a fair way to pay your fair share...
Of course just like the fair way to pay for say food is for the customer to choose what food he/she wants and then trade money for it voluntarily.



what your idea of funding the bare essentials of government?
That all depends on what constitutes "the bare essentials of government."



Frankly I don't necessary have such answers but I have always been intrigued by the idea of possibly funding government via lotteries, casinos, and user fees. Since those methods are all voluntary and don't require the forceful taking of one's property against there will I would much prefer these peaceful means of acquiring funds. I frankly don't know if it's viable however.
 

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