It’s time to begin our analysis of the ballot propositions that Californians will face in one week. There’s a lot on the ballot, and several of the measures have a direct impact on taxes.
Let’s start with Proposition 19. This measure would legalize marijuana under California law. However, the measure has no impact on federal law…and marijuana use and cultivation would still be illegal under federal law. While proponents argue the measure would cause huge new tax sources, the reality is that unless and until the federal government legalizes marijuana, this ballot measure would have little or no impact. Indeed, it’s become clear that should the measure pass the US Department of Justice would likely sue California to stop the implementation of the law.
This measure does unite Democrats and Republicans; both candidates for state Attorney General, Kamala Harris (D) and Steve Cooley (R), oppose the measure. So does Senator Dianne Feinstein.
No matter where you stand on this measure remember to vote on November 2nd.
Tags: CalBallot2010