Marijuana

2nd Pot Tax Initiative Drops In California

July 28, 2009 - 1:49pm

Now there are two -- two legalize and tax cannabis initiatives in Calfiornia. Two weeks ago, a group of three Bay Area lawyers filed an initiative to legalize the possession of cannabis for recreational purposes and to license and tax the production and sale of same. Today, a lawyer working with Richard Lee of Oaksterdam University in Oakland filed a second measure. This is more detailed than the alternative but the overall thrust -- creating a structure similar to the regulatory regime for alcohol -- is similar. A link to a PDF of the measure is here.

In a related piece, my column in the Daily Beast this week is about the heavy attention that marijuana taxation is likely to receive -- and how that attention could become a problem for groups seeking broader political and budget reform in California.

Unintended Marijuana Consequences

March 25, 2009 - 10:39am

Last year, Massachusetts voters decriminalized the possession of small amounts of marijuana. But several cities and towns have responded by adding or increasing penalties for marijuana use in public, the Boston Globe reports.

Pot Legalizers Plan For Oregon In 2010

July 11, 2008 - 4:48pm

An effort to qualify a ballot initiative to legalize the retail sale of marijuana in Oregon has begun. Backers, dba Oregonians for Cannabis Reform, told reporters that they' want their measure to be on the 2010 ballot there. Under their proposal, pot would be sold at licensed liquor stores.

WEDNESDAY ROUND-UP: There Will Be Blood

March 12, 2008 - 10:57am

PAGING DANIEL PLAINVIEW: In California, Assembly Democrats are moving forward with a plan to establish a state severance tax on oil to fund education. It might not pass the legislature -- the Golden State requires a two-thirds vote to raise taxes but it could end up on the ballot. And the proposal demonstrates where, with oil companies reporting record profits and states struggling to balance their budgets, legislators will look for new revenues.

The best evidence of this is in Arkansas, where politicians of both parties are competing to raise the severance tax. Gov. Mike Beebe is using the threat of a ballot initiative -- his aides say he is drafting one -- to demand that the severance tax on natural gas be raised. He wants the funds used to fix state highways. (Under severance taxes, states typically tax the market value of natural gas or oil at the time of extraction).

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