Posted by Warm Southern Breeze on Saturday, February 27, 2016
Recently, on February 23, 2016, AL.com published an OpEd entitled “Would legalizing cannabis solve Alabama’s budget problems?” written by Reggie C. Pulliam, whom was identified as “a resident of Gulf Shores who has worked on public policy and criminal justice reform in Washington, D.C.”
I found his Op-Ed unconvincing because it’s poorly written.
The Colorado Department of Revenue reported that for December 2015 (State of Colorado Marijuana Taxes, Licenses, and Fees Transfers and Distribution December 2015 Sales Reported in January 2016), Total All Marijuana Taxes, Licenses, and Fees was $13,247,434.
The year-to-date increase was $4,689,293.
Based upon the December figure, on an annualized basis, that’s $158,969,208… which is not exactly chump change.
(See “Alabama Senate Approves Shifting $100 Million Away From Schools” published September 15, 2015.)
Linked here is the Colorado Department of Revenue’s Colorado Marijuana Tax Data.
Figuring into the state cost : benefit analysis & calculations also is a decrease in costs associated with Read the rest of this entry »
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Posted by Warm Southern Breeze on Thursday, April 8, 2010
So-called “tea” partiers may be disappointed
The Tax Policy Center (TPC), a non-partisan policy analysis and collaborative effort of the Brookings Institution and Urban Institute, both Washington, D.C. think-tanks, recently reported that 47% of all Americans will not pay income tax for the 2009 tax year.
President Obama’s “Making Work Pay” tax credits, and his American Recovery and Reinvestment Tax Act of 2009 (Public Law 111-5) have further reduced income tax burdens on Americans.
Because of his initiatives, more than half of all elderly households, families with children, and other Americans will pay no income tax this year. More than 75% of married couples and single heads of households with income between $30,000 – 40,000 will pay no income tax. And more than 90% of all households with children will have no tax liability this year.
The Tax Policy Center estimated President Obama’s policies significantly lowered the tax burden on average Americans, …Continue…
Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: Bitch and moan are sisters., Brookings Institution, children, Constitution, credits, defense, education, elderly, electricity, families, federal, households, income, infrastructure, IRS, judicial, law enforcement, Obama, policy, power grid, president, system, tax, Tax Policy Center, Taxed Enough Already, tea, tea party, There's one in every crowd., TVA, wealth | 2 Comments »