URL: http://www.mapinc.org/drugnews/v12/n244/a07.html
Newshawk: http://www.drugsense.org/donate.htm
Votes: 1
Pubdate: Fri, 27 Apr 2012
Source: Times-Herald, The (Vallejo, CA)
Copyright: 2012 The Times-Herald
Contact:
Website: http://www.timesheraldonline.com/
Details: http://www.mapinc.org/media/993
Author: Paul Armentano
THE REAL QUESTIONS ABOUT MEDICAL MARIJUANA IN VALLEJO
What was the point of the curious headline, "Vallejo marijuana tax
brings in less than value of dispensary raid seizure"? Of course it
does. When does a sales tax on a product ever generate greater
revenue than the value of the product itself?
The more appropriate fiscal question the Times-Herald ought to be
asking is: What is the cost to taxpayers of the VPD's recent
dispensary raids? At a minimum, the forced closures alone have cost
Vallejo tens of thousands of dollars in tax revenue that would have
otherwise been available to the city. In fact, if the merchandise
seized by VPD in its most recent actions against the Life Enhancement
Services facility had been brought to market, the sales of it alone
would have produced an additional $13,500 for the city's coffers.
That figure, of course, does not even take into account the tens of
thousands of additional taxpayer dollars VPD has spent in recent
months investigating and executing these raids of taxpaying businesses.
Yet, despite the raids and voluntary closures of many of Vallejo's
MMD's, the first month's implementation of the city's voter-approved
sales tax generated some $44,000 in needed tax revenue. The real
question is: Does that total even begin to offset the financial
expenditures spent by VPD targeting many of these very same providers?
Paul Armentano
Vallejo
MAP posted-by: Jay Bergstrom
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