Democrats high on taxing pot

By Around the Web

(REUTERS) — U.S. states would be free to decide how to regulate marijuana just like beer and wine without running foul of federal law under legislation being proposed by two Democratic lawmakers.

Earl Blumenauer of Oregon and Jared Polis of Colorado plan to introduce two bills in the House of Representatives on Tuesday amid a growing movement to legalize pot for personal use, whether recreational or medical.

One bill would end a federal ban on marijuana and give states jurisdiction over its use and regulate it in a similar way to alcohol sales, with federal oversight. The other would levy a federal tax on its sale, the congressmen said in a statement.

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