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jmowreader

(50,561 posts)
Sun Jan 7, 2018, 03:53 PM Jan 2018

A guaranteed way to make Republicans support legal weed

“Marijuana legalization will lead to tax cuts.”

How it works:

1) Marijuana is popular.
2) http://money.cnn.com/2017/07/19/news/colorado-marijuana-tax-revenue/index.html
The state of Colorado is pulling in about $200 million per year in pot tax revenue.
3) There’s no way to say how much revenue will be had at the federal level from pot tax...not everyone who drinks will change to weed, and not everyone who smokes weed will stop drinking. But let’s take the same wild stab the GOP does when it does Laffer Curve supply side job creation estimates and say weed will produce $10 billion in federal tax revenues per year, plus pay for itself by funding the social costs of pot use. (Alcohol taxes do not come close to funding the social costs of alcohol use.)
4) Because “revenue neutrality” is the GOP’s mantra, every dollar gained by taxing pot will have to be offset with a tax cut in another part of the government.

Republicans will sell their own mothers for a tax cut.

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A guaranteed way to make Republicans support legal weed (Original Post) jmowreader Jan 2018 OP
OTOH, republican donors, which include pharmaceutical companies, no_hypocrisy Jan 2018 #1
I don't get why big pharma just doesn't move in and take over the market marylandblue Jan 2018 #3
Pharmaceutical companies will sell anything that makes money jmowreader Jan 2018 #5
Agreed except for your last point PJMcK Jan 2018 #2
Just say Obama is against it MiniMe Jan 2018 #4
beat me to it Motley13 Jan 2018 #6
Just tell Dotard McRodentHair how much people will love him The Genealogist Jan 2018 #7

no_hypocrisy

(46,150 posts)
1. OTOH, republican donors, which include pharmaceutical companies,
Sun Jan 7, 2018, 03:55 PM
Jan 2018

find legal weed to be too competitive with their products. If the donors say "Kill the weed," their commands will be respected.

marylandblue

(12,344 posts)
3. I don't get why big pharma just doesn't move in and take over the market
Sun Jan 7, 2018, 03:57 PM
Jan 2018

Once it's legal in all 50 states, they probably will.

jmowreader

(50,561 posts)
5. Pharmaceutical companies will sell anything that makes money
Sun Jan 7, 2018, 04:05 PM
Jan 2018

Be real: if you were a medical marijuana customer, would you rather have product from a company that makes the other 25 meds you’re on, or product from a company you haven’t heard of before?

There is absolutely no reason why the pharma companies can’t get into the MMJ market, and even less reason why the alcohol industry or the tobacco industry can’t own the recreational market.

The Genealogist

(4,723 posts)
7. Just tell Dotard McRodentHair how much people will love him
Sun Jan 7, 2018, 04:09 PM
Jan 2018

He'll be behind it faster than greased lightening.

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