- The Economist (2018)

RECREATIONAL marijuana has been legally sold in California since the start of the year. The state treasury estimates that sales in 2018 will reach $7bn. But it will not collect its fair share, because pot taxes, it turns out, must be paid in cash. This makes tax collection “a nightmare”, as the treasury has described it.

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BANKING   DRUGS   FINANCES   LEGAL   POLICY  
CALIFORNIA   USA  


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