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Sen. Wyden: Tax fairness for the marijuana industry

Senator Ron Wyden D-Oregon

Senator Ron Wyden
D-Oregon

Despite passing at the polls, those engaged in legalized marijuana in Oregon still face stiff regulatory opposition from the federal government. Those running recreational or medical marijuana outlets can’t deduct from their federal income taxes wages paid to their employees or rents to their landlords. And banks are not allowed to do business with them.

Senator Ron Wyden says such discrimination should end and so he’s introducing legislation to put legitimate marijuana businesses on equal tax footing with other businesses.

Here’s more on the story from The Oregonian. Click here.

 

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