Jay McKinsey 
Member since Sep 27, 2013

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Re: “California Marijuana Legalization 2014 Initiative Cleared for Circulation

I'm pro legalization but the tax clause of this initiative limits all tax on cannabis to 10% and half must go toward cannabis product research and development. The cannabis industry does not need to be subsidized by tax proceeds. There will be plenty of incentive and capital in the industry to handle R&D. I'd like to see a tax rate around 20% with most going to education and social services.

10 likes, 10 dislikes
Posted by Jay McKinsey on 09/27/2013 at 4:30 PM

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