tag:blogger.com,1999:blog-2678383177049754916.post7150193370530894076..comments2024-03-24T05:16:51.681-07:00Comments on The Philosophical Muser: Er, No, Cannabis Legalisation Will Not Raise £1bn In Extra TaxesThe Philosophical Muserhttp://www.blogger.com/profile/03677716059622435056noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2678383177049754916.post-70394225865884038492016-03-13T12:45:09.822-07:002016-03-13T12:45:09.822-07:00It doesn't really matter all that much at whic...It doesn't really matter all that much at which point the government gets the tax it wants - it still gets it, just from different stages of the transactions. It’s just basic arithmetic, and standard economics. To calculate the increase in tax revenue from a shift in spending, one needs to subtract the reduced tax revenue from the spending categories that are reduced.The Philosophical Muserhttps://www.blogger.com/profile/03677716059622435056noreply@blogger.comtag:blogger.com,1999:blog-2678383177049754916.post-21773251180070884302016-03-13T06:31:26.689-07:002016-03-13T06:31:26.689-07:00But couldn't both Tom and Dick both be taxed u...But couldn't both Tom and Dick both be taxed under the legal status. Dick could pay tax for the cannabis and then Tom could use that money on business upkeep which would likely be taxed, which couldn't happen under the current status. Also couldn't the tax rate also be higher on cannabis than food, drink, etc...SASanchez1039https://www.blogger.com/profile/01935706899965420613noreply@blogger.com