The California Department of Tax and Fee Administration (CDTFA) has reported tax revenue from cannabis sales for the third ...
Forbes contributors publish independent expert analyses and insights. I write about cannabis and psychedelics culture and business. Writing—and reading—about taxes is about as interesting as watching ...
STRONG DEBT SERVICE COVERAGE: Fiscal 2013 pledged revenues provide higher coverage on outstanding excise tax bonds of over 10x debt service and 9.3x maximum annual debt service (MADS) excluding debt ...
The Treasury’s excise tax revenue data speak volumes. Legal beer consumption is on an upward trajectory despite the modest tax hikes. However, illicit cigarettes represent billions in lost revenue. In ...
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