Join Date: Feb 2010
Location: Narragansett Bay
Thanked 544 Times in 521 Posts
Rep Power: 11
Re: Cannabis use on board
A sin tax is an interesting concept, but it's a red herring, IMO. Are we taxing to deter behavior? You ultimately can't do so, without making it indirectly illegal again. Can I open a casino in my basement? Can me and 100 of my friends grown acres of marijuana for personal consumption, or open a distillery for the same? The personal use exclusions are general restrictive enough that one is generally forced to pay the government, so the tax can be a deterrent. And we're back to the black market.
The bottom line with sin taxes is the new spendable revenue. It's what sells them every time. A black market is alive and well for gambling, prostitution and will remain for marijuana. If you tax a product, you add an artificial cost that will never be incurred by the black market. By definition, they have a competitive advantage.
Many other arguments are plausible, if not proven. They are each attainable without taxing the product. Think about the odds of legalization passing, with zero revenue associated. You think? Those who look forward to legal access are being asked to pay for the freedom. That ain't free.
To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.
In the harsh marine environment, something is always in need of repair. Margaritas fix everything.