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Colorado collects $2M in pot taxes

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Colorado collects $2M in pot taxes

Old 03-12-2014, 06:59 AM
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Default Colorado collects $2M in pot taxes

Colorado collects $2M in pot taxes
way below estimates

http://www.bankrate.com/financing/ta...ct_finance_mod

come on people light up
Old 03-12-2014, 09:48 AM
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Yeah but that is 2M in taxes they didn't have.
Old 03-12-2014, 10:14 AM
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Originally Posted by cwhite6 View Post
Yeah but that is 2M in taxes they didn't have.
X2 - That's only the taxes collected. The longer term savings of less law enforcement, court time, and intervention/incarceration over minor pot offenses is also part of the savings equation they will see in the long run. Focus LEO on real criminals, not recreational pot smokers. There are some bad, bad mofos out there running around loose. To witness, we lost a good officer this week trying to apprehend one of them and had yet another get into a shootout with officers on the 60 freeway. Thank God only the perp was shot in the 2nd incident.

RIP, Detective Hobbs. I appreciate your dedication to keeping us safe.
Old 03-12-2014, 10:19 AM
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Originally Posted by Dulcecita Lures View Post
X2 - That's only the taxes collected. The longer term savings of less law enforcement, court time, and intervention/incarceration over minor pot offenses is also part of the savings equation they will see in the long run. Focus LEO on real criminals, not recreational pot smokers. There are some bad, bad mofos out there running around loose.
In addition to the new found tax money, not sure that is a good thing but that is another topic, and the reduction in cost as you mentioned is that the criminal element will now be deprived of that income and control. Who would risk dealing with such people when you can legally purchase pot?
Old 03-12-2014, 10:54 AM
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Are they including sales tax on Twinkies, Doritos, etc?
Old 03-12-2014, 11:16 AM
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Originally Posted by bsmit24 View Post
The criminal element will now be deprived of that income and control. Who would risk dealing with such people when you can legally purchase pot?
Bonus points, for sure. If more states decide to come on board, it will effectively help cut the head off the snake known as Mexican cartels. Their single biggest source of income is from marijuana smuggling. Sure, they'll continue to smuggle other drugs and sources of revenue, but they aren't going to see the huge cash flow they did with pot.
Old 03-12-2014, 11:25 AM
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Originally Posted by Dulcecita Lures View Post
Bonus points, for sure. If more states decide to come on board, it will effectively help cut the head off the snake known as Mexican cartels. Their single biggest source of income is from marijuana smuggling. Sure, they'll continue to smuggle other drugs and sources of revenue, but they aren't going to see the huge cash flow they did with pot.
I can't imagine the drug cartels just going away when all states follow Colorados lead.
I'm guessing bigger and better. Whatever that turns out to be.
Old 03-12-2014, 11:36 AM
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Originally Posted by north coast View Post
I can't imagine the drug cartels just going away when all states follow Colorados lead.
I'm guessing bigger and better. Whatever that turns out to be.
I don't see anyone legalizing coke too soon, so the cartels will still be just fine. When it comes to weed, the cartels simply don't compete with today's legal growers. They are selling Schlitz Light to everyone else's Dom Perignon.
Old 03-12-2014, 11:44 AM
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Originally Posted by north coast View Post
I can't imagine the drug cartels just going away when all states follow Colorados lead.
I'm guessing bigger and better. Whatever that turns out to be.
Oh, they aren't going away, as I said. They'll turn to other things as we're seeing with some of the remnants of the cartels that have more or less been taken out. They have turned to kidnapping and extortion within their own country. Good ol' Mafia-style gangster stuff.

There won't be a "bigger and better" for them to smuggle profit-wise. Pot is produced so cheaply and the demand is high. Drugs like heroin and cocaine are more expensive to produce, require coordination with suppliers of the raw materials, and have much lower demand by the general public. Heroin use is rising slightly, but cocaine's heydey is pretty much over. There simply isn't as wide an acceptance and demand for the hard drugs (in general) when you can go buy a six pack and a couple joints legally. Will there always be addicts? Certainly, but that's a small number compared to pot smokers.
Old 03-12-2014, 11:47 AM
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Originally Posted by Dulcecita Lures View Post

There won't be a "bigger and better" for them to smuggle profit-wise. Pot is produced so cheaply and the demand is high. Drugs like heroin and cocaine are more expensive to produce, require coordination with suppliers of the raw materials, and have much lower demand by the general public. Heroin use is rising slightly, but cocaine's heydey is pretty much over. There simply isn't as wide an acceptance and demand for the hard drugs (in general) when you can go buy a six pack and a couple joints legally. Will there always be addicts? Certainly, but that's a small number compared to pot smokers.
Just when I think you have something useful to add to a discussion, you go and post some drivel like this. Our government has told us that pot is a gateway drug, and being a gateway drug means that it will lead to increased demand for harder drugs. Duh!
Old 03-12-2014, 11:53 AM
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^ ^ ^ ^ ^ ^

You go right on believing everything the government tells ya, Ronn.
Old 03-12-2014, 11:56 AM
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Originally Posted by Dulcecita Lures View Post
^ ^ ^ ^ ^ ^

You go right on believing everything the government tells ya, Ronn.
Why would they ever lie?
Old 03-12-2014, 12:20 PM
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Originally Posted by Dulcecita Lures View Post
Bonus points, for sure. If more states decide to come on board, it will effectively help cut the head off the snake known as Mexican cartels. Their single biggest source of income is from marijuana smuggling. Sure, they'll continue to smuggle other drugs and sources of revenue, but they aren't going to see the huge cash flow they did with pot.
That's one reason (Read some of this on that British Mag Daily Mail) El Chapo was expanding his empire into other profitable areas that had nothing to do with narco trade.
Old 03-12-2014, 12:39 PM
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Originally Posted by swifty View Post
That's one reason (Read some of this on that British Mag Daily Mail) El Chapo was expanding his empire into other profitable areas that had nothing to do with narco trade.
Agreed, El Chapo is no fool. DIVERSIFY! This has been an ongoing struggle for all of the cartels -- how to take those piles of ill-gotten cash and turn it into legitimate revenue streams. While they are still able to do it to some extent in Mexico and the third world (front companies financing huge resorts, buying property, stuff like that), it's gotten very hard to do here in the US with our anti-money laundering laws. Much easier to "follow the money" here in the US than it's ever been.
Old 03-12-2014, 01:51 PM
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Originally Posted by Ronn Burgandy View Post
Just when I think you have something useful to add to a discussion, you go and post some drivel like this. Our government has told us that pot is a gateway drug, and being a gateway drug means that it will lead to increased demand for harder drugs. Duh!
I seem to recall a number of medical studies by reputable operations that have discounted that theory.
Old 03-12-2014, 02:57 PM
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Wonder who the states are going to sue, when some medical condition is attributed to the inhaled and second hand smoke of marijuana?

Old 03-12-2014, 03:03 PM
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Originally Posted by SeaJay View Post
I seem to recall a number of medical studies by reputable operations that have discounted that theory.
The "Duh!" didn't give me away? ;?
Old 03-12-2014, 03:05 PM
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Originally Posted by aubv View Post
Wonder who the states are going to sue, when some medical condition is attributed to the inhaled and second hand smoke of marijuana?

With the legislation that is now being discussed and passed that targets e-cig/vaporizer, will they even wait for scientific data to justify their need to control everything?
Old 03-12-2014, 03:55 PM
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Originally Posted by Mr. Demeanor View Post
Are they including sales tax on Twinkies, Doritos, etc?
o man never thought about that!! Sales must be through the roof!!
Old 03-12-2014, 06:11 PM
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Originally Posted by Ronn Burgandy View Post
The "Duh!" didn't give me away? ;?
you need to learn how to use the sarcasm font

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