Year: 2013
Type: article
Abstract: Introduction 1042 I. Excise Taxes 1045 A. Standard Analysis of Potential Revenue 1045 B. The Revenue Potential of a Legal Marijuana Market .. 1047 C. Government Monopoly: Consequences and Barriers ... 1048 D. The Challenge of Collecting Taxes in a Market-Based System 1051 E. What to Tax 1053 F. Who Would Be Taxed? 1056 G. Interaction with Medical Marijuana 1057 H. What is the “Optimal” Excise Tax? 1058 II. Additional Sources of Government Revenue 1061 A. Licensing Fees 1061 B. Drug Tourists 1062 C. FICA and Income Taxes on “New” Jobs 1065 D. Hosting Support Industry 1065 E. Consumer Cost Savings 1066 F. Alcohol Tax Revenue 1066 Conclusion 1067
Authors: Jonathan P. Caulkins, Angela Hawken, Beau Kilmer, Mark A. R.Kleiman, Katherine Pfrommer, Jacob Pruess, Timothy M. Shaw
Language: English
Topic: Economic and Fiscal Studies
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2175844743