The state of Washington created new marijuana tax incentives when it switched how it taxed pot growers, processors and retailers.
Similar to a Magritte surrealistic painting, corporate taxes are not as simple as they appear because publicized numbers hide the real facts and incentives.
Our everyday economics includes behavioral economics, trade barriers, taxes, entitlements, externalities, intellectual property and industrialization.
Creating perverse tax incentives, tax section 280E stops legal marijuana businesses from taking deductions because it is a federally controlled substance.
Our everyday economics includes developing nations, human capital, environment, behavioral economics, consumer spending, health care,incentives & sin taxes.
Deciding whether they want revenue, prohibition or smuggling, lawmakers have to decide how high to make sin taxes on items like cigarettes.
States should use cost benefit analysis more so to assess economic development tax incentives like tax credits that target film and TV producers.
Hearing tax incentives and “sensible” regulation, will Sriracha move from Irwindale, California to Texas? Last year, Irwindale residents complained that the local Sriracha processing plant was a “public nuisance.” Hearing that their teary eyes, sore throats, heartburn, asthma and nosebleeds…
States can use taxes for more than revenue. Our story begins when NYC lost the $79 million that Law & Order generated annually because NBC cancelled the show. Just feeding the actors for 14 years meant $1.5 million to David’s Gourmet Catering and…