Rep. Reuven Carlyle on the ongoing budget issues during the Legislative Special Session:
I have been unrelentingly critical
of the 2015 Senate budget that is predicated on an extraordinary
level of marijuana revenues. Unfortunately, thanks in part to a quirk of
timing, the non partisan Economic & Revenue Forecast Council is
projecting marijuana tax collections that are astronomical and, in my
view, based on faulty assumptions. This, in effect, implies that the
state Senate’s heavy reliance on marijuana taxes is reasonable.
Regardless of the past, marijuana revenues are too new, too uncertain
and too unpredictable to be a responsible basis of an education budget.
I find it ironic that on the issue of marijuana taxation it is
Democrats–who generally supported I-502– who are more cautious
and fiscally conservative and Republicans–who generally opposed
I-502– who are acting more like big spending addicts
Carlyle has some compelling reasoning on some in the Senate are too quick to jump on a bong's revenues.