It does this by allowing you to be an “employee-owner” and split your income into your salary and your share of the company’s profits. Then, you’ll pay self-employment taxes on your salary but not your profits. (You’ll still have to meet the rest of your tax obligations for ...
Legal marijuana sales can generate windfall tax revenues, but the social and health costs are largely unknown, cautioned Rosalie Pacula, a senior economist at the Rand Corp., a nonprofit, nonpartisan public policy organization. “The tax revenue comes right away,” Pacula said. “The data on e...