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Oregon’s Marijuana Sales Tax Will Hurt Businesses and Consumers
After a three month sales tax “holiday,” recreational marijuana consumers in Oregon began paying a 25% sales tax on January 1, 2016. Yes, you read that correctly: 25 PERCENT.
For those of you who went to public school and didn’t bother augmenting your economics education any further, this means that the actual price of recreational marijuana in Oregon is increased by 25% before consumers can purchase it.
Link: http://thelibertarianrepublic.com/oregons-marijuana-sales-tax-will-hurt-businesses-and-consumers/
After a three month sales tax “holiday,” recreational marijuana consumers in Oregon began paying a 25% sales tax on January 1, 2016. Yes, you read that correctly: 25 PERCENT.
For those of you who went to public school and didn’t bother augmenting your economics education any further, this means that the actual price of recreational marijuana in Oregon is increased by 25% before consumers can purchase it.
Link: http://thelibertarianrepublic.com/oregons-marijuana-sales-tax-will-hurt-businesses-and-consumers/