Pubdate: Fri, 18 Jul 2014 Source: Washington Times (DC) Copyright: 2014 The Washington Times, LLC. Contact: http://www.washingtontimes.com/ Details: http://www.mapinc.org/media/492 Author: Vicki Carney Page: B2 TAX LOOPHOLE FOR MARIJUANA CASH COWS? As Washington and other jurisdictions race with dollar signs in their eyes to see who can legalize marijuana first, it seems these political twits forgot one thing: There are still federal laws that govern the use and distribution of "illegal" drugs. Case in point: Two Colorado Democrats, Sen. Michael Bennet and Rep. Ed Perlmutter have written to IRS Commissioner John Koskinen asking him to "waive" the 10-percent penalty for taxpayers - including those with "legal" marijuana businesses - who pay withholding taxes in cash because they often have trouble getting bank accounts. There also has been a lawsuit filed in Colorado claiming that states cannot collect taxes on activities, such as marijuana sales, that violate federal law. Do I smell another executive order in the pipeline, or will our attorney general turn a blind eye to enforcing those laws, just as he has turned a blind eye to border jumping, hate crimes against white voters, and a totally corrupt IRS? VICKI CARNEY McLean - --- MAP posted-by: Matt