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Sin taxes result in the illegal manufacture, smuggling and/or outright theft of the taxed products, sometimes for personal use but often for sale on the black market. [ 16 ] [ 17 ] Critics of sin tax argue that it is a regressive tax in nature and discriminates against the lower classes.
[18] Similarly, tax deductions and credits are denied where for illegal bribes, illegal kickbacks, or other illegal payments under any Federal law, or under a State if such State law is generally enforced, if the law "subjects the payor to a criminal penalty or the loss of license or privilege to engage in a trade or business."
The lack of government regulation and control over the lucrative illegal drug market has created a large population of unregulated drug dealers who lure many children into the illegal drug trade. The U.S. government's most recent 2009 National Survey on Drug Use and Health (NSDUH) reported that nationwide over 800,000 adolescents ages 12–17 ...
A study by Ohio State University shows recreational marijuana could bring as much as $400 million in tax revenue to the Buckeye State by the fifth year of the program.
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Allows the sale of cannabis at licensed dispensaries, with a 10 percent sales tax imposed. Divides tax revenue up between social equity and jobs programs (36 percent), localities that allow dispensaries to operate (36 percent), education and substance abuse programs (25 percent), and administrative costs (3 percent).
The task forces also seized 400 firearms and $5,471,132 million in currency.
Leary v. United States, 395 U.S. 6 (1969), is a U.S. Supreme Court case dealing with the constitutionality of the Marihuana Tax Act of 1937. Timothy Leary, a professor and activist, was arrested for the possession of marijuana in violation of the Marihuana Tax Act.