Image: Wikimedia Commons

Department of Finance director Michael Cohen and legislative analyst Mac Taylor reported to the Attorney General Kamala Harris this December that the state stands to gain over $1 billion in uncaptured tax revenue if California legalizes cannabis for adults 21 and over in the November 2016 election.

The Department of Finance serves as Governor Jerry Brown’s chief fiscal policy advisor and is tasked with promoting a strong, sustainable, responsible financial plan for the state.

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David Downs ~ SFGate.com ~

 

 

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