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Member since: Sun Jul 19, 2015, 06:31 PM
Number of posts: 937

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California Proposition 64 excise tax + sales tax + county tax

Proposition 64 passes, effective January 1, 2018, a 15 percent excise tax, based on the gross receipts from the retail sale, would be imposed upon retail purchasers of all marijuana and marijuana products, including medical marijuana. In addition, a tax on cultivators of marijuana would be imposed. Patients would not be excluded from these taxes.

The ID card program is voluntary in California; however patients with a doctor’s recommendation only will not qualify for the tax break should Prop. 64 pass.

My county has higher than 30% tax now on pot.
Posted by BlueStateLib | Mon Jan 9, 2017, 06:45 AM (2 replies)
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