New York: An Analysis of Governor Cuomo’s Legalization Proposal
NORML
FEBRUARY 6, 2020
The CRTA also proposes one of the highest tax rates in the country on cannabis, with the product being taxed during each step of the manufacturing process, combined with the local, sales and excise taxes, the overall rate is well in excess of 40%; in some cases it could be as high as 60%.
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