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HASSO HERING

A perspective from Oregon’s mid-Willamette Valley

For city, pot tax is not big money

Written October 25th, 2016 by Hasso Hering

On Facebook, Albany’s borrowing $8.4 million from the state for downtown street upgrades drew this comment: “Maybe they should have pot sales and we would get that much from the $44 MILLION IN TAX REVENUE.” It’s a common sentiment and assumption. But whatever else commerce in cannabis would mean, a gusher of city tax receipts is not going to […]


 
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