Taxing Marijuana to Pay for Homeless Services

Taxing Marijuana to Pay for Homeless Services

homeless man

Los Angeles, CA

In November, voters in Los Angeles County will consider an innovative way to raise funds to support the homeless in their communities. The county’s Board of Supervisors recently approved a ballot measure for voter consideration that calls for a 10 percent tax on gross receipts of every business that grows or sells marijuana in the county. It is estimated the tax could raise between $78 million to $130 million per year to help pay for housing and health services for the homeless.

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