The Market Ticker - Waking Up To Proposals...
Michigan legalized recreational marijuana yesterday. It will not fully take effect for about two years, but it happened. While I expect there will be some “hicksterism” among the cops up there for a while I also expect there will be some Sheriff expulsions (and maybe some local police chief ones) if they still arrest and/or ticket people for it as of this morning.
Florida went nearly full retard. The amendment to add an additional exemption for homestead property taxes failed, while the rest… not so much. Rental and commercial property tax escalator tax caps (which were in force but due to expire) passed, and the only other good amendment was a supermajority requirement to impose new taxes and fees, or lift the level of existing ones. Sounds good, except that of course…….
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Source: https://www.market-ticker.org/akcs-www?post=234499
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