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PepeLePuget t1_jc4q896 wrote

What's the ratio between the amount of cannabis and liquor sold?

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TekkDub t1_jc4svpr wrote

One oz equals 750ml of booze

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PepeLePuget t1_jc4z2zz wrote

I mean, on what sales volume did cannabis reap 2x liquor's tax revenue? It wasn't 2x as much cannabis was it, because they're taxed at different rates and I highly doubt cannabis outsold liquor. If liquor outsold cannabis 2:1 and made just half the tax revenue, wouldn't that suggest that pot users are paying too much? Particularly if alcohol is correlated with greater health and social impacts. I'm sure the figures already exist I just don't know where to look.

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etcpt t1_jc5a6ua wrote

That's a good question. I'm not sure where to find the sales figures either. But the excise tax on cannabis products is 37%, while the spirits sales tax is 20.5%. However, there is also a spirits liter tax of $3.7708 per liter, which means that the effective tax rate is inversely proportional to the price per liter.

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herbnoh t1_jc6cyxl wrote

Beer and wine are not included if that’s what you think is throwing it off, they are taxed differently/ independently.

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Snushine t1_jc5pnqv wrote

I'll guess, because this is government work, they just did a dollar-for-dollar comparison, not a item-by-item, or by the pound or ounce or anything like that.

My guess is the measurement is the buck.

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Gz-Nutz- t1_jc67sma wrote

Yea cannabis is paying more per taxable unit. Our rate is 37% plus local sales tax average of like $.086 or close total state tax of 45+%. The alcohol tax is 29% + sales tax for a total of 37%. Cannabis taxes at the state level are 8+% more than alcohol also cannabis is taxed at federal maximum of I believe 37% of gross income minus cost of goods sold. Cannabis taxes are above 82% of the total retail gross cost in Washington state.

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