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Old 05-09-2010, 02:51 PM   #55
Red Potato Standing By
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Join Date: Oct 2008
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Quote:
Originally Posted by Agamemnon View Post
I see your point, I'm just not sure I agree.

If the government legalized pot and sold it at market rate (lets say $35 for an eighth ounce), and then added 100% tax, bringing it to $70/eighth... where's the incentive for me to buy it legally? Why wouldn't everyone just continue to operate the way they do, growing, selling, and buying illegally, at half the 'legal' price?

The black market for marijuana is already completely developed and chugging right along, and I think it would continue to do so without becoming redundant due to legal weed that can compete along similar pricing structures.

I'm thinking a more likely scenario is a moderate 10-20% tax mark-up, which would probably work. At double the price, there's no reason for people to buy it legally.
if they legalize it,they just slowly over time keep increasing the taxes till it's where they want it...say over the course on twenty years or something..normally if you take a big increase and spread it out slowly, lots of people don't normaly pay enough attention or they get lazy to actually do anything about it and just go with the flow.
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