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Archive for September, 2012

Local business, religious leader dies at 87

Wednesday, September 19th, 2012

Walker Taylor III was also an active volunteer

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Maintenance to close Memorial Bridge lane

Wednesday, September 19th, 2012

Lane will be closed Sept. 20

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Wilmington man gets 6 years, fine in mortgage fraud scheme

Wednesday, September 19th, 2012

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Tariq Lane Subway player of the week

Wednesday, September 19th, 2012

After 432 yards of total offense on Friday night Laney Sophomore Tariq Lane is the Subway high school football player of the week.

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Pot could be tax windfall, but skeptics abound

Wednesday, September 19th, 2012

DENVER (AP) – Marijuana legalization pending in three states this fall could turn the drug into a serious cash crop and a tax windfall.

But there are more questions than answers about the tax implications of legalization measures before voters in Colorado, Oregon and Washington.

The debate over how much tax money recreational marijuana laws could produce is playing an outsize role in the campaigns for and against legalization. Both sides concede they’re not really sure what would happen.

At one extreme, pro-pot campaigners say it could prove a windfall for cash-strapped states with new taxes on pot and reduced criminal justice costs.

At the other, state government skeptics warn legalization would lead to costly legal battles and expensive new bureaucracies to regulate marijuana.

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