Pot Industry Pushes for Fair Taxes

Republicans aren’t the only ones who want lower taxes these days: the marijuana industry wants to smoke out some of their own tax cuts.Flanked by dozens of representatives of state-legal marijuana businesses, Reps. Earl Blumenauer (D-Ore.), Jared Polis (D-Colo.), Ed Perlmutter (D-Colo.), Denny Heck (D-Wash.) and Barbara Lee (D-Calif.) held a press conference Wednesday to promote legislation that would reform marijuana laws in the U.S. in a way they say would allow businesses to make tax deductions, access bank accounts, be protected from property and forfeiture claims and conduct business the way any other small business would.

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