Information from some sites may not be reliable, or may not be vetted.
Some sources may require subscription.
California (Hopefully) Learns a Lesson about Marijuana Taxes and the Laffer Curve
Despite—or, rather, because of—onerous taxes, California isn't seeing big returns on legal marijuana. Smoking pot may not be a wise choice in many cases, but it’s not the role of government to dictate private behavior so long as people aren’t violating the rights of others. Politicians, by contrast, are interested in legalization because they see dollar signs. They want to tax marijuana consumption so they can have more money to spend. Lawmakers need to realize, though, that the Laffer Curve is very real. They may not like it, but there’s very strong evidence that imposing lots of taxes does not necessarily mean collecting lots of revenue. Especially when tax rates are onerous.