Topic: Will you pay the High Tax on Dope?
willing2's photo
Thu 05/01/14 10:23 AM
Or, buy from Black Market Dealers at a cheaper rate?

I quit smoking weed years ago when I started developing paranoia from it. I don't care who blows dey minds.



If you make it past the image.laugh laugh laugh
This is strictly, FYI.

Stolen from somewhere else.

First and foremost selling marijuana is still a Federal Crime.

Second it's an all cash business because banks will not set up business accounts with the dispensaries.

Third, the tax rates are extreme. Dispensaries can't deduct traditional business expenses like advertising costs, employee payroll, rent and health insurance from their combined federal and state taxes. That means dispensary owners around the U.S. often face effective tax rates of 50 to 60 percent -- and in some states, those rates soar to 80 percent or higher. That's right even though selling marijuana is still a Federal Crime the IRS still gets their share in taxes.

Number four, so far in CO illegal sales of marijuana has skyrocketed business is better than ever according to some drug dealers. Two reasons account for this, one illegal sales are much cheaper and two the drug dealers are saying that police are no longer paying much attention to illegal sales.

Now for the big one.

The IRS is committing a federal crime by accepting tax money from the marijuana dispensaries. The Money Laundering Control Act of 1986. <<<<<<Put your name on the registry and you have already committed a Federal Felony.