Letter: Proposition 205 not an education slush fund
The supporters of Proposition 205: Regulating Marijuana like Alcohol claim: “Prop 205 would generate over $50 million annually from taxation of marijuana that will be directed to public schools.” When you break down the numbers this comes out to about $200 to $400 per teacher in the state, if the schools receive all the funds generated- they won’t. Of the money that will be generated a portion will go towards running the Arizona Marijuana Commission, health care costs related to marijuana and then to the schools.
The proposed tax rate is 15%, a number that cannot be increased because of the wording in initiative not allowing the state or local governments to do anything to negatively affect the industry. The sales tax in Washington State is 37%, Oregon 25% and Alaska charges $50 an ounce, only Colorado is lower at 10%. The proponents of legalization are not interested in the schools of our state; they are only interested in the profits they stand to gain if the voters pass this initiative. Vote NO on Prop 205 on November 8th.
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