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  2. Strange But True Tax Laws From All 50 States - AOL

    www.aol.com/strange-true-tax-laws-50-130000447.html

    Uncommon Laws. The United States tax code is anything but simple. The instructions for the standard 1040 tax form alone are more than 100 pages long, and good luck getting through them in one sitting.

  3. Tax Revenue From Marijuana Sales Benefits U.S. Communities - AOL

    www.aol.com/news/tax-revenue-marijuana-sales...

    Colorado legalized pot in 2012, and in 2021 the state raked in more than $400 million in tax revenue — with that money going to public schools, health care, and substance abuse prevention and ...

  4. Effects of legalized cannabis - Wikipedia

    en.wikipedia.org/wiki/Effects_of_legalized_cannabis

    Effects have included an increase in cannabis-related calls to the Oregon state poison center, [29] an increase in perception among youth that marijuana use is harmful, [29] a decrease in arrest rates for cannabis related offenses, [29] stores sold $250 million in cannabis products which resulted in $70 million in state tax revenue (higher than ...

  5. Cannabis in the United States - Wikipedia

    en.wikipedia.org/wiki/Cannabis_in_the_United_States

    Ten other states have more restrictive laws limiting THC content, for the purpose of allowing access to products that are rich in cannabidiol (CBD), a non-psychoactive component of cannabis. [9] In 2024 thirty-seven states including District of Columbia have legalized the use of medical marijuana and CBD including recreational use as well. [76]

  6. Cannabis in New Jersey - Wikipedia

    en.wikipedia.org/wiki/Cannabis_in_New_Jersey

    A report by New Jersey United for Marijuana Reform and New Jersey Policy Perspective, issued in 2016, concluded that if New Jersey legalized marijuana, it could generate about $300 million annually in sales tax revenue for the state. (The report assumed a sales tax of 25% and annual in-state marijuana sales of $1.2 billion.) [9]

  7. ‘Tax avoidance is a key skill to building wealth’: Scott ...

    www.aol.com/finance/tax-avoidance-key-skill...

    The interest paid on the borrowed amount is often minimal compared to the potential tax burden of selling off investments, making this a highly effective method for maintaining and growing wealth ...

  8. 2016 California Proposition 64 - Wikipedia

    en.wikipedia.org/wiki/2016_California_Proposition_64

    The full name is the Control, Regulate and Tax Adult Use of Marijuana Act. [2] The initiative passed with 57% voter approval and became law on November 9, 2016, [ 3 ] [ 4 ] leading to recreational cannabis sales in California by January 2018.

  9. What Do the Richest 1% Really Pay in Taxes? - AOL

    www.aol.com/finance/richest-1-really-pay-taxes...

    6. New Jersey Average income of the top 1%: $1,581,829 Single filers:Total income and sales taxes paid: $680,304 Tax burden: 43.01% Married couples filing jointly:Total income and sales taxes paid ...