A key GOP congressman has filed bill that would continue to block marijuana businesses from taking federal tax deductions under Internal Revenue Service (IRS) code 280E, even if cannabis is federally rescheduled. And his unique influence on a powerful committee could grease the wheels to its enactment through must-pass budget legislation. Rep. Jodey Arrington (R-TX), … Continue reading Top GOP Congressman Files Bill To Block Marijuana Industry Tax Deductions, Even After Federal Rescheduling
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