GOP Senator Presses Treasury Secretary On Tax Credits For Marijuana Businesses

A Republican senator recently pressed the head of the Treasury Department on whether marijuana businesses qualify for a federal tax benefit. During a Senate Finance Committee hearing on Wednesday, Treasury Secretary Steven Mnuchin was asked about the “opportunity zone” tax credit, which is meant to encourage investments in “distressed,” low-income communities through benefits such as … Continue reading GOP Senator Presses Treasury Secretary On Tax Credits For Marijuana Businesses