The fight over marijuana has moved to Capitol Hill — and the courtroom.
On Feb. 20, Colorado Rep. Jared Polis and Oregon Rep. Earl Blumenauer introduced bills in Congress that would legalize and tax marijuana on a federal level. “Over the past year, Colorado has demonstrated that regulating marijuana like alcohol takes money away from criminals and cartels, grows our economy, and keeps marijuana out of the hands of children,” Polis said in a statement. Both lawmakers are from states where residents have already voted to legalize recreational bud, along with Alaska, Washington and Washington, D.C.
The Regulate Marijuana Like Alcohol Act would remove marijuana from the federal government’s schedule of illegal drugs and transition marijuana oversight to the Bureau of Alcohol, Tobacco, Firearms and Explosives. The Marijuana Tax Revenue Act would impose new taxes on the sale of recreational marijuana, starting at 10% and rising to 25% over time, as well as occupational taxes of marijuana businesses.
But the draw of revenue is unlikely to inspire Republican-controlled Congress to take up the bills. According to Gallup, a slim majority of Americans, 51%, favor legalizing weed, but less than a third of conservatives do. And similar bills, though branded differently, have gone nowhere in Congress. [Read more at Time magazine]
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