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Wednesday, May 15, 2019 4:14:09 PM
The Fed. Gov. taxes revenues even though they keep it illegal and they don't allow deductions for costs normally associated with conducting business.
So legal medical dispensaries get taxed at the federal level the same as drug traffickers... Lol Didn't realize they had their own tax code.
Our Gov dollars hard at work... so no great incentive to displace the Black Market at the federal level. In fact it could potentially create a reduction in annual Fed tax dollars.
Only in America...
https://slate.com/business/2016/07/legal-cannabis-businesses-pay-taxes-under-a-code-reserved-for-illegal-drug-traffickers.html
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