Gambling and Pot Will Help Repair Broken Illinois, Pritzker Says – Bloomberg

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Platinum Goose
6 years ago

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.

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