Legalizing magic mushrooms could save California taxpayers millions of dollars
The news from the California Legislative Analyst’s Office was welcome by organizers of the statewide proposal, known for now as the California Psilocybin Legalization Initiative. “It’s definitely encouraging,” says Dimitric “Kitty” Merchant, co-author of the measure.
“State and local governments could receive additional revenues, such as sales taxes from psilocybin sales permitted under this measure,” the LAO’s report states. “This is because many individuals who are currently purchasing psilocybin illegally could begin purchasing it legally under state law at businesses that collect sales taxes.”
Original Article (LA Weekly):
Legalizing Magic Mushrooms Could Save California Taxpayers Millions of Dollars
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