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Tax’s and marijuana

Marijuana

You Knew it was going to happen! anytime there is money to be made the government will find a way to get its pound of flesh. It seem’s that the 18 state that have legalized marijuana has also invited the taxman in as well.The IRS is using an old law that lets the government tax medical marijuana center’s as much as 75%

The levy is the result of a 1982 provision to the tax code, known as 280E, that stemmed from a successful attempt by a convicted drug trafficker to claim his yacht, weapons and bribes as businesses expenses.

Medical marijuana center’s can not claim typical things like rent or payroll as a business expense and this in its self will put a lot of little shops out of business.

much Medical marijuana center’s believe If you have a license from the state hanging on your wall, that doesn’t fit the definition of trafficking, but they need to think about this it may be legal in your state but the Federal law still says it trafficking and not legal So pay up suckers you may have won the battle, but the war ain’t over yet .

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Posted by on February 25, 2013 in Funny, history, Life, politics

 

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Happy Birthday Breitbart

 Happy Birthday Breitbart

 Happy Birthday Breitbart we do miss you

 
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Posted by on February 1, 2013 in politics

 

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ABC and CBS to Fixated on Guns to see History Made

ABC and CBS to fixate on guns to see history made.South Carolina Governor Nikki Haley appointed the first black Senator from the South since 1881 the new Senator is Tim Scott ,But it was not important enough to the two networks they (NBC and ABC ) were to busy pushing for gun control , it is probably also that Senator Tim Scott is also black and a Republican, But ABC and NBC are not alone in that The National Association for the Advancement of Colored People are not too happy about it either much for the same reason. Hilary Shelton, senior vice president for advocacy and policy at the NAACP had this to say about Senator Tim Scott, Shelton said, would likely work against that agenda, favoring instead the “small government” posture of Ronald Reagan “Small government usually means, as it’s being described these days, the elimination of the role of government and support for initiatives and programs that are crucial for the African-American community,”. One wonder if Dr. King.jr were alive today If the NAACP, ABC, and CBS would welcome him or turn a cold shoulder to him.

Tim Scott

 
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Posted by on December 19, 2012 in politics

 

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