Dude, where's my deduction?----Tax Day is source of unhappiness for marijuana industry

WASHINGTON: Tax Day is source of unhappiness for marijuana industry | Economy | McClatchy DC:
"WASHINGTON — For owners of marijuana businesses, April 15 is one big downer.
While most business owners rush to meet the federal tax deadline and cash in on a plethora of deductions, pot store owners and growers complain that they can’t write off a single expense, even if they have state licenses.
They want the law changed, saying it’s discriminatory and outdated as more states move to legalize marijuana.
...The ban on deductions by the Internal Revenue Service is in place for one reason: Congress has declared every pot transaction a felony crime.
Getting the law changed will be difficult, with legalization opponents arguing that it would be a mistake to give the pot industry any tax breaks."