That only happens if business institutions and regulations don't have the proper amenities. The end goal will be to out pace illegal ones with quality and safety to secure talent and clientele. Similar to the legalization of marijuana.
Though there's plenty of evidence that legalising prostitution increases trafficking and exploitation, it's an incredibly difficult industry to regulate and seems to be inherintly exploitative.
*A small amount get a lot, most barely get anything. Only the top 5% actually make enough to live off. Your average OnlyFans creator isn’t getting nearly enough as you think.
Depends because you have to include the cost of regulating it also. Its not simply free money nor could these new "companies" do as they please as it is still a very exploitable area.
Sound like you're thinking of illegal prostitution. Legal and regulated prostitutes pay tax like anyone else. Are there people that don't declare everything? Sure, but you'd be hard pressed to find cash industry that doesn't have that issue. At worse though it's still more than it being illegal, especially if you factor in the police cost reduction.
A better argument against it regarding tax is that brothels are a very good way to launder money. But that still isn't a justifiable reason to outlaw it though.
Considering that prostitution is the oldest job in the world im pretty sure that the revenue isnt bad... i live in Germany and prostitution is legal here, which fine and im actually rlly glad cos the violence against prostitutes dropped. only problem there is collecting the tax atleast to some extent, for prostitutes who work in brothels its not a big deal, but the ones who work on the street mostly just pay a fixed amount cos nobody rlly knows how many costumers they have...apart from that most of the prostitutes that work on the streets have addiction problems but thats another story.
But the cannabis taxes allow cartels to undercut through importing unpaid labor, stealing water, using illegal farming chemicals, and selling it without the taxes. The Emerald Triangle in California is infamous for this. So it needs to be sold without taxes (or labor or farming regulations, if we're being honest) in order to actually kick cartels out
That is black market cannabis that the cartels are working in the triangle. Legal cannabis is very heavily tracked, seed to sail through a system called metrc. I am not saying it doesn’t happen, but it would be very difficult to put large operations worth of product like a “big grow in the green triangle” could produce into the legal system. Would be a very quick way to loose your legal licenses.
Taxing it is literally the only reason it’s slightly legal now in the first place.
*I have 13 years working in legal cannabis specifically compliance and security. And a healthy amount of “black market experience”before that.
By making it legal, appropriately taxed it, testing it for impurities, and by expanding the market letting the prices comes to a more realistic place, the estimates I have heard would be about $5/gram in an entirely legal market. That’s when the cartels will be pushed out.
I guess my most right wing opinion, but: They shouldn’t regulate the growers and sellers so heavily, I am reasonably certain that raises the price more than taxes do. It costs millions of dollars in, primarily, legal compliance shit to get started last I knew.
If you did the same shit with hamburgers — it costs a million in legal fees to open a McDonalds — the restaurant industry would be constantly undercut with bootleg food carts.
Most of the regulations on legal weed businesses don’t even seem to do anything really. Like, they seem to primarily be added by hostile lawmakers entirely to burden the industry.
You are absolutely right. The regulations and compliance cost a lot of money. Not to mention they are constantly evolving and changing as the industry progresses. There are states such as the one I’m in the are more lax.
Nah, it needs to be legal everywhere instead of this patchwork across states bullshit. When was the last time you bought a bootleg beer? Never? Exactly.
So is homegrown weed, but when was the last time you bought a bootlegged beer? You can’t legally own an unregistered still so there’s taxes involved everywhere on the liquor side of things.
dude no joke most of the money Germany generates through taxes is from prostitution...Germany will literally go bankrupt if it made prostitution illegal
I cant see many prostitutes filling out a tax sheet after every customer, plus the whole industry is primarily cash based so you would never get exact number thats been earned and taxed. You would just have a wave of women saying they charged 80-100 per customer but in reality they charge you 150 per jump.
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u/JonasAvory Mar 01 '23 edited Mar 01 '23
I am unsure about the amount of tax revenue you’ll actually get but yeah
EDIT: I guess most people didn’t get that I believe most of the money will be earned illegal