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Marijuana is illegal under federal law, should IRS be able to collect taxes on Colorado pot sales?
Fox 6 Now ^ | 7/05/14

Posted on 07/05/2014 5:43:33 PM PDT by Libloather

(CNN) — Some Colorado marijuana sellers are challenging Uncle Sam. They’re filing a lawsuit — saying the IRS shouldn’t be allowed to collect taxes on marijuana sales because marijuana is illegal under federal law.

Attorney Rob Corry says forcing Colorado’s recreational marijuana businesses to pay violates the United States Constitution.

He has filed a lawsuit in District Court on behalf of clients, some of whom say taxes could be used as evidence in any future prosecution.

“They’re open records and they are admitting to a federal crime. It’s still a federal crime to sell marijuana,” Corry said.

(Excerpt) Read more at fox6now.com ...


TOPICS: Crime/Corruption; Extended News; Government; News/Current Events
KEYWORDS: alcapone; cannabis; colorado; dopersrights; irs; marijuana; pot; taxes; taxthehelloutofit; temperancemovement; whytheycallitdope; wod
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If you were running guns during 'Fast and Furious', would you file?
1 posted on 07/05/2014 5:43:33 PM PDT by Libloather
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To: Libloather

Seems to me that taxation was one of the main selling points of the pro legalization crowd.


2 posted on 07/05/2014 5:45:08 PM PDT by cripplecreek (Remember the River Raisin.)
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To: Libloather
The supremes have already spoken to this, I think. The IRS is like honey badger. He don't care where the taxes come from. He wants 'em.

I believe you have to declare income on unlawful activities.

/johnny

3 posted on 07/05/2014 5:46:28 PM PDT by JRandomFreeper (Gone Galt)
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To: Libloather

if its income you must declare it, illegal or legal. How do you think they put Al C. in jail.


4 posted on 07/05/2014 5:46:57 PM PDT by cynicalman
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To: cynicalman

“”if its income you must declare it, illegal or legal. How do you think they put Al C. in jail.””

Yup.


5 posted on 07/05/2014 5:48:22 PM PDT by wrench
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To: cynicalman

Yup!


6 posted on 07/05/2014 5:48:51 PM PDT by shove_it (long ago Orwell and Rand warned us of Obama's America)
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To: cynicalman

I was thinking of Al Capone, too.


7 posted on 07/05/2014 5:49:24 PM PDT by gusopol3
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To: shove_it

Brilliant!


8 posted on 07/05/2014 5:49:33 PM PDT by shove_it (long ago Orwell and Rand warned us of Obama's America)
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To: Libloather
Since selling mj is still a federal crime, banks in CO refused to do business with the sellers, due to fear of being charged with money laundering.

Even with the Just-Us department's "operation choke point" which targeted "shady" but legal industries, like porn, firearms, and payday loans, Holder ordered his minions NOT to go after the dispensaries, so they could use banks for their funds.

Yet another example of a completely lawless regime.

Mark

9 posted on 07/05/2014 5:51:32 PM PDT by MarkL (Do I really look like a guy with a plan?)
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To: Libloather

extortion and robbery are also illegal, but the government still expects taxes to be paid on income from them.

(seriously)

That’s how they got Al Capone - tax evasion.


10 posted on 07/05/2014 5:51:32 PM PDT by Mr. K (Palin/Cruz 2016)
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To: Libloather

No, but under current law they could get the shop owners under RICO laws (I think), however with the selective enforcement this isn’t likely.


11 posted on 07/05/2014 5:53:25 PM PDT by JSDude1
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To: Libloather

So how did they get Capone?


12 posted on 07/05/2014 5:57:17 PM PDT by celmak
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To: Libloather

Huh? Since when does the law matter to THIS Federal government??


13 posted on 07/05/2014 6:01:23 PM PDT by EagleUSA
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To: Libloather

Gotta love the Federal courts. States pass laws contrary to existing Federal drug laws and there is no problem. Let a state try to pass a law that protects even a viable fetus and that law is voided by those ever diligent judges before the ink dries.


14 posted on 07/05/2014 6:03:32 PM PDT by allendale
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To: Libloather

LOL LOL

“Income” is from whatever source derived

the sellers and attorney must be smoking something or maybe it’s the 39% federal tax rate they don’t like


15 posted on 07/05/2014 6:04:10 PM PDT by Selene
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To: Libloather

Heck, the president breaks the law everyday, he still files his taxes, why should his base be any different?

It is fraud not to declare income. It doesn’t matter if its from prostitution, drugs, bank robbery, fraud, bribery, or grifting, it is illegal not to declare it.

So yes, if you are going to sell something illegal that makes people unmotivated, mentally confused, more liable to depression and schizophrenia, and lung cancer, the sellers should pay taxes.


16 posted on 07/05/2014 6:05:26 PM PDT by Pete from Shawnee Mission
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To: Libloather

If you declared bankruptcy the IRS will tax you on the money you owed and couldn’t pay saying it’s a monetary gain.


17 posted on 07/05/2014 6:05:26 PM PDT by SkyDancer (If you don't read the newspapers you are uninformed. If you do read newspapers you are misinformed)
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To: Libloather

You are required to report ALL income, legal or illegal. That is how they got Dillinger.


18 posted on 07/05/2014 6:08:18 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: Libloather

I mean Capone.


19 posted on 07/05/2014 6:09:16 PM PDT by Blood of Tyrants (Haven't you lost enough freedoms? Support an end to the WOD now.)
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To: cripplecreek

Not federal taxation.


20 posted on 07/05/2014 6:10:02 PM PDT by steve86 ( Acerbic by nature, not nurture)
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