Tuesday, March 29, 2011

Oregon Cannabis Tax Act, Mark II

Today the Oregon Cannabis Act campaign kicked off again to get the measure on the ballot in 2012.  The same measure narrowly missed the ballot in 2010.  Of course, making matters more complicated is the fact that three weeks ago, AG Kroger, friend of people, announced that Paul Stanford, director of The Hemp and Cannabis Foundation, the organization behind OCTA, was arrested for not filing personal income tax returns in '08 and '09.

Notwithstanding the tax problems of the founder, if passed the bill hopes to raise $140 million in tax revenue from taxing the sale of marijuana, and another $60 million in saved law enforcement costs by not jailing people on pot charges.

No comments:

Post a Comment