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 […]
For city, pot tax is not big money
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 […]
Tags: Albany pot election, cannabis, city pot taxes, Linn County pot election, marijuana taxes