USA 2020 Elections: Thread

[grarpamp]

> The funds will be derived from annual marijuana taxes

https://www.axios.com/marijuana-decriminalization-federal-schumer-0c48fd49-eb1c-49e9-9bbe-084a2dd97075.html

Democrats expand their plans to keep people dumb,
drugged up happy compliant Democrat voters...
Feed them drugs, Tax them to hell to roll out more
Government largesse, claim saviour status... just as planned.
Obviously growing and even selling your own will put you in
prison or dead for "evading and competing with our taxation".
Same concept with the Mexican Imports.
Saviours never offer Freedom.


Democrats Unveil Bill To Decriminalize (And Tax) Marijuana

Sen. Chuck Schumer is taking a quick break from whipping up support
along his moderate flank for the Dems' $3.5 trillion "human
infrastructure" package to draft legislation on Wednesday to help
decriminalize marijuana at the federal level in an attempt to raise
more tax revenue to offset the trillions of dollars of additional
spending the Democrats are planning over the next decade.

While the revenues raised from taxing marijuana likely would only
amount to a drop in the bucket, Schumer, Sen. Cory Booker and Sen. Ron
Wyden have unveiled draft legislation calling for federal
decriminalization.

Marijuana is already effectively legal now across much of the US after
New Jersey, Connecticut, New York and a handful of other states
recently embraced legalization.

The bill, called the Cannabis Administration and Opportunity Act,
would remove marijuana from the Controlled Substances Act (where it
remains a "Schedule 1" and impose a federal tax on marijuana
products).

According to Axios, revenue from marijuana taxes would be used to fund
"grant programs for communities most impacted by marijuana
prosecutions". It would also transfer regulation of marijuana to the
FDA from the DEA. The bill still faces "steep" odds in the Senate,
where moderate Dems remain wary of ending federal prohibition.

States would mostly be allowed to set their own laws and taxes
regarding cannabis sale and consumption. It would also require federal
districts to expunge all nonviolent marijuana-related arrests and
convictions within one year.

Speaking from the Senate Floor Wednesday, Schumer declared the
legislation a major step forward.

    "For decades, young men and women - disproportionately young Black
and Hispanic men and women, have been arrested and jailed for even
carrying a small amount of marijuana in their pocket."

    "This is monumental," he added. "At long last, we are taking steps
in the Senate to right the wrongs of the failed war on drugs."

At one point, the bill's backers said that the higher prices created
by taxes would "disincentivize" young people from buying the
increasingly potent marijuana available both at legal dispensaries and
on the street. As for trying to construe legalizing (and
price-inflating) marijuana as a kind of deterrent against abuse by
teenagers, well...we imagine readers can reason through that on their
own.

The timing of the announcement isn't much of a surprise. Earlier this
week, the CEO and chairman of Tilray, a major publicly traded pot
stock, said during an interview with CNBC that he expected Congress to
move ahead with full legalization within the next two years. He
pointed to surveys purporting to show more than 90%+ public support
for marijuana.

And as the Democrats have demonstrated with their spending ambitions,
they need to raise revenue from wherever they can get it.