Taxing Cannabis to a certain level is a a great thing. For states like Colorado, Washington and Oregon. The taxes have brought in millions. This money changed the game. Even for those politicians who were hesitant of legalization. Money drives everything, well especially in this capitalistic nation we live in.
What to tax?
The 64-page bill, S. 776, and House companions H.R. 1823 and 1841, starts out problematically, taxing marijuana by price for a five-year transition period, but ends up brilliantly, with sophisticated weight-based taxes for the long run. A companion bill repeals the useful current tax on advertising.