The tax man cometh: California ponders legal pot, paying up
LOS ANGELES — State tax collectors are taking initial steps to get a hand into California’s emerging marijuana economy, with billions of dollars at stake for the state treasury in the future.
Just how big a job that will be, no one knows.
The Board of Equalization on Tuesday approved a proposal to request funds to begin gradually adding staff, in anticipation of collecting taxes from the legal sale and cultivation of marijuana.