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> The bad news is that this amount of revenue will become the new normal, i.e., future budgets will always assume this amount of revenue or more. That's good n
by chimeracoder 11y ago
> The bad news is that this amount of revenue will become the new normal, i.e., future budgets will always assume this amount of revenue or more.
That's good news, not bad news (for legalization advocates). It becomes the new normal, which means that if anybody wants to reverse course, the burden is on them to find alternative sources for $50-100MM in tax revenue.
And a major chunk of the tax revenue is explicitly earmarked for public education, which is makes it that much more difficult for a politician just to ignore the tax revenue and repeal Amendment 64 without finding an alternate source.
- xienze 11y ago> It becomes the new normal, which means that if anybody wants to reverse course, the burden is on them to find alternative sources for $50-100MM in tax revenue. That "alternative source" is invariably tax increases. Politicians aren't terribly clever about these sorts of things. > And a major chunk of the tax revenue is explicitly earmarked for public education That's not at all an iron-clad guarantee of how the money is spent, you may want to look up e.g., the North Carolina Education Lottery.
- hsod 11y ago> That "alternative source" is invariably tax increases. Politicians aren't terribly clever about these sorts of things. Tax increases have political cost (i.e. a politican or activist would have to expend political capital) so I'm not sure what your point is