Cannabis Tax Relief, Workers' Rights Bills Fail in Sacramento

5/30/2018

Three bills faced opponents both predictable and new last Friday. The Republican-sponsored AB 3157 —which would have temporarily reduced the excise tax from 15 percent to 11 percent and suspended the cultivation tax until June 1, 2021 — was opposed by Democrats, SEIU, and even the Drug Policy Alliance. Supporters tried to convince California lawmakers that cutting cannabis taxes, which can total more than 40 percent at the cash register, would actually result in more state revenue by stimulating more shopping in licensed stores and encourage more growers to enter the market.

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Source : https://www.eastbayexpress.com/oakland/cannabis-tax-relief-workers-rights-bills-fail-in-sacramento/Content?oid=16513022
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