Tomorrow, a tax will be implemented in the Illinois county of Cook that will tax sweetened beverages $0.01 per ounce. Yup, a 12 oz can of pop, juice, sports drinks, or fruit juice will be $0.12 extra on top of regular food taxes. When this tax was postponed last month, over 300 state jobs were terminated to make up the revenue that would have come from the beverage tax. So this month, the tax is back. What does this mean?
Illinois is BROKE, if you didn’t already know.
So my confidence in the full legalization of medical cannabis is pretty high. But what about recreational? How will it be regulated lawfully and fiscally?
Check out this short article from DNAinfo.com about the push to legalize cannabis in Illinois!
“What is weed? A plant whose virtues have never been discovered.” –Ralph Waldo Emerson