FOR IMMEDIATE RELEASE
October 21, 2013
Americans’ Support for Legal Marijuana Reaches Unprecedented Level in New Gallup Poll
In the wake of successful -- and expanding -- state-based regulation of marijuana industry, 58% of Americans believe marijuana should be legal
Washington, DC – Gallup, considered to be one of the top polling firms in the United States, has determined that Americans’ support for legalizing marijuana has reached 58%, growing ten points since their most recent poll on the question in 2012 and demonstrating clear majority support for ending marijuana prohibition.
“The passage of adult-use marijuana initiatives in Colorado and Washington has demonstrated widespread disillusion with marijuana prohibition,” notes Aaron Smith, executive director…
Grover Norquist and Representative Earl Blumenauer identify unjust application of tax code for legal marijuana businesses at press conference with the National Cannabis Industry Association
Washington, DC – Representative Earl Blumenauer (D-OR), Americans for Tax Reform (ATR) president Grover Norquist, and National Cannabis Industry Association executive director Aaron Smith held a press conference today to mark the release of a new white paper from ATR entitled Legal Cannabis Dispensary Taxation: A Textbook Case of Punishing Law-Abiding Businesses Through the Tax Code. The paper calls for reform of Internal Revenue Code Section 280E, which essentially forces medical marijuana providers to pay taxes based on gross receipts rather than income, unlike all other small businesses.
Additionally, the paper…
Grover Norquist, Rep. Earl Blumenauer to Hold Press Conference to Decry Unfair Marijuana Business Tax
Event coincides with Americans for Tax Reform release of white paper on the need to reform Section 280E of the Internal Revenue Code
For Press Conference on Thursday, September 12, 2013
Washington, DC – On Thursday, Rep. Earl Blumenauer (D-OR) and Americans for Tax Reform (ATR) president Grover Norquist will hold a press conference to discuss ATR’s release of a white paper entitled Legal Cannabis Dispensary Taxation: A Textbook Case of Punishing Law-Abiding Businesses Through the Tax Code. The paper discusses Section 280E of the tax code, which is misapplied to legal cannabis businesses and creates an effective tax rate two to four times that of other small businesses. Mr. Norquist will also announce…
The U.S. Department of Justice is working with federal regulators to allow banking services for legal pot merchants in Colorado and Washington, the chief news to come out of what some considered a historic Congressional hearing.