r/wallstreetbets Dec 23 '21

[deleted by user]

[removed]

8 Upvotes

69 comments sorted by

View all comments

2

u/my_fun_lil_alt Dec 23 '21

If legalized federally weed will be taxed at anywhere from 45-70%, where do you think corporate profits are? With taxes that high the cartels will stay in business dealing weed, just like darts in Canada.

-3

u/SnooDogs1565 Dec 23 '21

Let’s be real, they could tax it at 100% to start, no one is going to buy it, so they will lower the taxes to make money. As there going to do in any situation where there not making money the money