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(USA) Los Angeles city council consider marijuana tax

On July 21st Oakland, California passed Measure F and became the first city to adopt a tax on marijuana in the United States.

Oakland’s city council approximates the city will annually obtain $294,000 in tax revenue, which will contribute to the 2010. As a result of budget crisis the state of California and City Council members of the City of Los Angeles are now contemplating whether they should pass a similar measure.
The City of Los Angeles City Council members aim to legalize marijuana and tax it to decrease the city’s $530 million budget deficit. Considering there are over 500 marijuana dispensaries taxing marijuana would provide the city with millions of dollars to alleviate the city’s budget deficit crisis. The state of California allows medical marijuana. Last Wednesday City Council member Janice Hahn motioned for the city to implement a marijuana sales tax, which was supported by Councilmen Bill Rosendahl and Dennis Zine.

Author: Bita Neyestani
Source: http://www.examiner.com/x-9449-LA-City-Hall-Examiner~y2009m7d28-LA-City-Council-considers-marijuana-tax

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