Word: californiaisms
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...California, medical-marijuana sales are already taxed, and one community recently grabbed for a bigger slice of the pot pie. Residents in Oakland on July 21 overwhelmingly approved a ballot measure that would make the city the first in the country to establish a new tax rate for medical-marijuana businesses. The measure, which a preliminary count shows passed with 80% support, considerably hikes the tax Oakland marijuana dispensaries pay on sales, from $1.20 per $1,000 in receipts...
...Field Poll conducted in California this spring showed that 56% of the state's registered voters support legalizing and taxing marijuana as a way of offsetting some of the budget deficit. Several national polls have shown that more than 45% of American adults are open to legalizing pot, about double the support a decade...
...even the most ardent marijuana advocates aren't expecting nationwide legalization anytime soon. Instead, any action is likely to come on the state and local level. For now, all eyes are on cash-strapped California, where high taxes could take on an entirely new meaning...
Ever since, however, critics and supporters have slugged it out over the minimum wage: some say it destroys jobs by making it too expensive to keep workers. University of California professor David Neumark estimates that the July 24 hike will end up costing some 300,000 jobs for young adults and teens by making their employment prohibitively expensive for enterprises already facing rapidly eroding profit margins...
...worries. Pressed by a widespread revolt among moderate Democrats over the potential cost of health care reform, Senate Majority leader Harry Reid of Nevada announced on Thursday that he would not meet President Obama's target of passing legislation by early August. Speaker of the House Nancy Pelosi of California backed away from the idea of cancelling the August recess. Obama tried his best to stoke a sense of urgency with a publicity campaign that included a televised press conference Wednesday evening. But caution prevailed over the orator's usual magic...