Posted by: thepinetree on 08/01/2017 04:03 PM
Updated by: thepinetree on 08/01/2017 04:27 PM
Expires: 01/01/2022 12:00 AM
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CCA Says...$9,943,167.56 in Taxes and Fees Already Collected on Cannabis in Calaveras County
San Andreas, CA...The Calaveras Cannabis Alliance confirmed via Tax Collector Barbara Sullivan that as of August 1, 2017, $6,943,167.56 in Measure C Tax has been collected. These taxes were on top of the $3 million in fees collected via the Urgency Ordinance Registration in Spring/Summer 2016. According to the Internal Revenue Service, only 64% of Americans required to pay income tax do so. Calaveras Cannabis farmers came it at an impressive 81%. Also, District 4 Supervisor Dennis Mills predicted the county would not see more than $2 million in Measure C Tax revenue, nearly $5 million less that collected in the first installment.
A portion of tax collected has already been allocated to balance the county budget and the taxes go straight to our general fund. They can be used on things that benefit all residents like public safety, road repairs, parks etc. However, should the county supervisors enact a ban on cultivation, this tax revenue will disappear and the deficit they filled will soon grow exponentially.
This is yet another example of the farming community’s commitment to operating legally and dedication to the betterment of our County. Thank you Calaveras Cannabis Community for making good on your word.
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