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Illinois legal marijuana sales could rise if taxes are lowered, some groups claim

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Illinois legal marijuana sales could rise if taxes are lowered, some groups claim

CHICAGO (WLS) — The state of Illinois is reporting report tax income on authorized marijuana, with practically half a billion {dollars} within the final yr. Illinois shoppers pay the second highest taxes within the nation once they purchase authorized leisure marijuana.

Nonetheless, specialists declare decreasing taxes may imply more cash for the organizations that profit from these funds.

The state of Illinois made $445 million {dollars} in tax income from the sale of authorized marijuana within the final fiscal yr.

However the place is that cash going?

A lot of it funds psychological well being, authorized assist and housing packages in underserved communities. Bethany Little’s nonprofit, WIN Restoration, advantages from these taxes.

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“To have the ability to get a refund from marijuana taxes is bittersweet for a recovering addict like myself,” she mentioned.

WIN Restoration gives shelter and assist companies for previously incarcerated ladies and LGBTQ+ people.

“Generally you simply want someone to carry your hand to get by way of the method,” Little mentioned.

WIN Restoration is now increasing that work because of taxes on authorized pot.

The Illinois Jail Challenge, which fights for prison justice reform, has additionally benefited from authorized marijuana tax income.

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Twenty 5 % of Illinois’ pot tax goes to non-profit organizations with small budgets in communities designated as socioeconomically deprived. One other 20% of the state’s marijuana tax income goes to substance abuse, prevention and psychological well being care packages.

The most important portion of the tax proceeds covers the state’s prices for administering the marijuana program and expunging minor hashish offences.

To gasoline all that, Illinois has the second highest leisure hashish tax within the nation, beginning at 31.25%, which is simply lower than the state of Washington.

The I-Staff discovered hashish edibles on the market in Ann Arbor, Michigan for $14. That very same product in Los Angeles bought for $23. And in Chicago shoppers pay $30 for a similar factor.

“The taxes may come down just a little bit,” mentioned authorized hashish client Alex Rosata.

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Trade specialists like Jeremy Unruh of Verilife Hashish dispensary mentioned when costs are excessive, shoppers look elsewhere, like on the black market.

“It is as much as us, the operators in addition to the regulators within the state, to make sure that the merchandise we make have a value that is aggressive with the illicit market, as a result of that is the best way we eliminate the illicit market,” Unruh mentioned.

He and others say decreasing the tax fee may additionally imply extra gross sales and income for the state and, in flip, the packages that profit from these tax {dollars}.

The I-Staff requested researchers at authorized hashish knowledge middle New Frontier Knowledge to check Illinois’ tax fee and gross sales to different states. They mentioned that slicing Illinois’ tax fee in half may win us extra tax {dollars}.

“There’s that candy spot in the course of states which have tax charges between 16 and 18%,” mentioned Dr. Amanda Reiman of New Frontier Knowledge. “The tax charges have the potential of driving individuals into that unregulated area as a result of they’re making an attempt to economize.”

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Little mentioned each greenback counts. They’re utilizing their hashish state grant and to construct a brand new 8,000 sq. foot useful resource middle. It should present individuals with counseling, coaching lessons, household reunification and extra.

“Now we have the flexibility to carry that individual’s hand to allow them to achieve success and be a productive member of society,” Little mentioned.

Governor JB Pritzker’s workplace responded to criticism of the state’s tax fee saying within the final yr, Illinois has seen a 50% enhance in complete tax reported from adult-use hashish. They added that the state has elevated income annually since legalization and that it is utilizing that income for communities in want.

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Chicago, IL

2 women found dead in Englewood home after fire, Chicago fire officials say

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2 women found dead in Englewood home after fire, Chicago fire officials say
ByABC7 Chicago Digital Crew by way of

Wednesday, November 23, 2022 3:26AM

FILE photograph: View of the Chicago Hearth Division, the third largest municipal hearth division in america of America, within the Chinatown neighborhood on Sept. 24, 2014.

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CHICAGO (WLS) — Chicago hearth officers mentioned two ladies have been discovered lifeless in an Englewood house after a home hearth.

The fireplace broke out Tuesday night at a home within the 7200-block of South Wolcott, Chicago hearth officers mentioned.

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The fireplace was struck out at about 9:10 p.m., CFD mentioned.

After the fireplace was out, firefighters discovered two grownup feminine victims lifeless within the wreckage.

It was not instantly clear if the ladies died within the hearth or earlier than the fireplace. No additional particulars have been launched.

The Chicago Hearth Division has not but commented on any potential causes for the fireplace or mentioned in the event that they consider it was suspicious.

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Chicago, IL

3 women united by Highland Park shooting now lobby for assault weapon ban

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3 women united by Highland Park shooting now lobby for assault weapon ban

HIGHLAND PARK, Ailing. (WLS) — Three ladies and their households had been good strangers up till the second tragedy introduced them collectively within the aftermath of Highland Park’s July 4th parade.

As Thanksgiving approaches, they’re united in goal and in gratitude for probably the most primary of all issues: life.

“I believed I used to be going to die,” Highland Park capturing survivor Liz Turnipseed mentioned. “That I used to be going to put there and I used to be going to bleed out and I used to be going to die.”

WATCH | Highland Park capturing survivor tells her story

“I used to be on the parade with my three grownup kids, my son-in-law and my 2-year-old grand child,” mentioned Debra Baum, with the Highland Park Gun Violence Mission. “Our complete household may have been worn out.”

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“July third I had 70 folks at my home and the following day our life bought flipped the other way up,” capturing survivor Lindsay Hartman mentioned. “So I simply know for me, I am attempting to take pleasure in it and never spend an excessive amount of time previously.”

SEE ALSO | Highland Park parade capturing short-term memorial opens subsequent to metropolis corridor

For Lindsay, not spending an excessive amount of time previously means internet hosting Thanksgiving for 30. Liz, who was one of many almost 50 folks injured that day, nonetheless wants a cane to get round, so she’ll be catering the meal and having her complete household fly in. Debra shall be coming along with the identical household she was with on July 4.

“There are numerous households in Highland Park that do not have folks with them this Thanksgiving due to what occurred,” Baum mentioned. “It is a very weighty realization.”

However there’s additionally gratitude for random issues and other people, like for the proper strangers who took in Liz’s 3-year-old daughter for a few hours after she was shot. And the neighbor she’d by no means met earlier than who lent her a step stool for her mattress.

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Turning ache into goal is what unites these ladies now as they foyer for an assault weapons ban in Congress. As a result of whereas life for them won’t ever be the identical, it does transfer on.

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Chicago, IL

Biden to extend student loan repayment freeze as relief program is tied up in courts

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Biden to extend student loan repayment freeze as relief program is tied up in courts

Tuesday, November 22, 2022 8:52PM

WASHINGTON D.C. — The Biden administration is but once more extending the pause on federal scholar mortgage funds, a profit that started in March 2020 to assist individuals who have been struggling financially because of the Covid-19 pandemic, a supply conversant in the plan mentioned.

The Division of Training will announce it’s extending the freeze one other six months with the primary funds due two months after June 30, the supply mentioned, until a Supreme Courtroom resolution on the president’s scholar mortgage aid program comes first.

The administration had beforehand mentioned the latest extension could be the final, and funds have been scheduled to restart in January.

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However the administration had additionally meant for its scholar mortgage forgiveness program to start canceling as much as $20,000 in debt for low- and middle-income debtors earlier than January. This system has but to be carried out because it faces a number of authorized challenges.

This story is breaking and can be up to date.

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