January, 2018
Do you know why California legalized recreational use of marijuana? No, stop. Don’t answer that question. At this point it is a rhetorical question.
Did you know that California is one of the highest state income tax states in the US. Yeah well, they just instituted a new Gift Tax Relief Program. Here is how it works. For every dollar you earn, California normally takes about 13.3 cents. But under the new Gift Tax Relief Program, if you give that dollar to the state, California will not tax that dollar. What a deal!
The 2018 California state tax rate table shows that for a single head of household earning $0, the effective tax rate is 1%. (Yup, California is right up there with the Common Core Math Method that is driving everyone crazy with it’s stupidity.) And the top California state tax rate is supposedly 13.3%.
Oh yeah, and something else you probably didn’t know. The spokesman for the new Gift Tax Relief Program mentioned above commented that what is good for California is good for the US, because California is the driving force for the US economy.
Now we can revisit the original question. Do you know why California legalized recreational use of marijuana? Well yes, the sanctioned sales of all that weed does generate more tax dollars, but…
To enforce this madness, California needs to keep it’s population stoned and stupid.
Just your grumpy Uncle/Brother Dave’s opinion.