What a bunch of half-wits. Starting this Saturday, January 1, Tennessee gets stupider. This seems to happen every time a bucket of new laws goes into effect. This one is particularly rich, however.
Drug peddlers will be required to pay state excise taxes on illegal substances Ã¢â‚¬â€ from marijuana to moonshine, from cocaine to the often illegally obtained prescription painkiller OxyContin Ã¢â‚¬â€ under a new law that goes into effect Saturday.
In short, Tennessee is going to somehow tax drug dealers. That’s right, all those south Memphis crack dealers, East Nashville smack peddlers and UT athletic dorm dope distributors will have to either voluntarily pay takes on their earnings or pay a fine when they finally get caught.
How will the revenue actually be collected?
That’s going to happen.
While this new law will probably raise your average drug dealer’s cost of doing business (the ones careless enough to get busted, that is), it is a shining example of the complete lack of logic inherent in our state legislature. Additionally, once these hayseed politicians get dollar signs in their eyes, they’ll buy into any new revenue scheme, no matter how far-fetched.
The mixed message the state sends is:
Drugs are bad. Don’t do drugs. Don’t sell drugs. Although, if you’re going to sell drugs, please voluntarily pay taxes on your profits. In fact, if you’re going to sell drugs, sell an assload of them, so that we can really rake in the revenue from your entrepreneurial efforts.
How has this law worked in North Carolina, the state with the model we’re following?
Of the 72,000 taxpayers North Carolina has assessed, only 79 people voluntarily bought stamps, she said.
What the hell were those 79 people thinking? They must have been stoned when they voluntarily bought tax stamps. Let’s hope they didn’t use a personal check to pay for them.
The state legislature needs to drop the charade and legalize marijuana if they want to create real tax revenue. It’s Tennessee’s number 1 or 2 cash crop – I can’t remember which, but it’s way up there. If you want tax revenue, legalize it, regulate it and fill your government coffers with more cash, that you will no doubt squander just as you do the taxpayer funds you already confiscate.
Is it too much to expect some honesty from these politicians?
Oh yeah, they’re politicians. Of course it is.