Quote:
Originally Posted by FilthyFletch
Quinn and democartes suick so bad but maybe they will do some good for once but that basterd quinn will tax the hell out of it for growers lol lets hope it passes then we can purge the dms out and drop all these taxes they keep killing us with as the dems have sure screwed up this stae and built a hole we may never get out of
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This almost has to pass because the state of illinois is in a 11 billion dollar deficit. The labor market is growing and the Job supply is shrinking. The gov. spoke of raising income taxes however this will only go so far due to the fact that the unemployment rate is increasing. It is actually a life saver to tax products with an inelastic demand meaning if prices go up consumption doesnt work in the reverse. We can see this with tobacco products the state is taxing the hell out of them but people are still smoking. This will be the same case with
marijuana it is potentially a huge source for taxes on the consumer and business side of the table. In my opinion I really dont see why this will not pass the state is desperate to close that deficit.