a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment
user-inactivated  ·  4413 days ago  ·  link  ·    ·  parent  ·  post: Legal Pot Is Here, But Stash The Wallet For Now : NPR

That's now how equilibrium and taxes work, unfortunately. Taxes by their nature interfere with maximization of producer and consumer revenue, because that's not what the government cares about. With marijuana, an additional effect will come into play because the government will probably stick it with an extremely high "sin tax." This is all speculation at the moment but we'll know more next year.