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this post was submitted on 05 Dec 2024
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United States | News & Politics
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These products are only taxed the 6.25 percent Texan sales tax. They aren't losing out on much
Michigan made almost $300 million last year just on weed, and this year is looking even higher. Texas has a population 3x that of MI. If they legalize it fully and tax like alcohol and tobacco they would be missing out on a lot more. But whatever, we should give Texas to Mexico.
No.
Almost every legal state adds an additional tax for cannabis products. For example, Michigan charges an additional 10% on top of the regular sales tax that applies
But that's not what we are talking about. We are talking about Delta 8 and other cannibinoid products that were legalized by Republicans with the farm bill. These products became legally available, overnight nationally when that passed.