Photo by Moussa81/Getty Images Taxes: An Issue in the Democratic Cannabis Legalization Bill By comparison, the proposed legislation to legalize cannabis from democratic senators Chuck Schumer, Cory Booker and Ron Wyden would carry an excise tax of 25.5%, viewed as unreasonably high, especially for small businesses. Representative Mace is bringing constructive solutions that promise to bring more Republicans to the table to end an unjust root cause of mass incarceration.” RELATED: GOP Lawmakers Present Cannabis Legalization Bill — Will This Move The Nation Closer To Federal Reform? In conversation with Benzinga, he said “The States Reform Act represents exciting movement towards compromise on the cannabis criminal justice issue and progress-building on the First Step Act. When news of the GOP-led legalization draft was initially reported, it seemed clear that a republican effort would be essential for any real legal movement to proceed. He worked with Mace’s team in crafting this legislation.
When news of the GOP-led legalization draft was initially reported, it seemed clear that a republican effort would be essential for any real legal movement to proceed.
Rep. Nancy Mace (R-SC) is officially laying out her cannabis legalization plan, the States Reform Act, co-sponsored by at least a half-dozen Republicans, which will essentially legalize cannabis on a federal level “in a manner consistent with the right of states to determine what level of cannabis reform or legalization each state wants to regulate, or not.”
Highlights of the bill:
Federally...Read the full article @ Fresh Toast