There will be a 10% sales tax, a 7% gross receipts tax on the sale of marijuana from cultivators to dispensaries, and a push for UFCW in cultivators. This tells me they won’t be able to compete with the black market. California with about three times the population of Illinois took in $345M in taxes from marijuana which was way under their projections. Pritzker is dreaming if he thinks we’ll get $300M to $700M in taxes.
A largely unasked question is becoming glaring: Is Illinois doing all it should to use artificial intelligence to make government cost less and work better? So far, the evidence says no.
There will be a 10% sales tax, a 7% gross receipts tax on the sale of marijuana from cultivators to dispensaries, and a push for UFCW in cultivators. This tells me they won’t be able to compete with the black market. California with about three times the population of Illinois took in $345M in taxes from marijuana which was way under their projections. Pritzker is dreaming if he thinks we’ll get $300M to $700M in taxes.