Monday, April 13, 2015

Oh yeah, everyone gets a piece of the marijuana pie----Michigan marijuana legalization group proposing 10% tax with revenue for roads, schools and cities

Michigan marijuana legalization group proposing 10% tax with revenue for roads, schools and cities | MLive.com:
"LANSING, MI -- An activist-led group seeking to put a marijuana legalization proposal on Michigan's 2016 ballot wants to tax retail sales at 10 percent and allow residents to grow up to 12 plants at home.
The Michigan Comprehensive Cannabis Law Reform Committee -- one of three unaffiliated groups considering a possible petition drive -- on Friday released draft language of its ballot proposal.
....In addition to the state sales tax, retail marijuana sales would be subject to a 10 percent excise tax, with 40 percent of revenue going to the Michigan Department of Transportation, 40 percent to School Aid Fund and 20 percent to the local government."

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