Treasury Secretary Says Marijuana Businesses Shouldn’t Get Federal Tax Credit
The head of the Treasury Department said on Wednesday that state-legal marijuana businesses shouldn’t be able to qualify for a federal tax credit that’s meant to encourage investments in “distressed” low-income communities. So-called “opportunity zone” tax benefits shouldn’t be extended to cannabis businesses that are marketing federally controlled substances, Treasury Secretary Steven Mnuchin said in … Continue reading Treasury Secretary Says Marijuana Businesses Shouldn’t Get Federal Tax Credit
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