Thursday, 18. August 2016
Topic: DRUGS - on August 18, 2016 at 5:40:00 PM CEST
Where does all that Colorado pot tax go?
Colorado is pulling in a significant amount of money by taxing recreational marijuana, but it’s not enough to pave the streets in gold. In part because supporters of legal pot hyped the potential to raise millions, some Coloradans have been left to wonder why all that money hasn’t revolutionized life in our state.
$30.00 – 1/8 oz marijuana $3.00 – 10% special state sales tax $0.87 – 2.9% regular state sales tax $1.43 – 4.75% regular Denver sales tax (including RTD/SCFD tax) $1.05 – 3.5% special Denver sales tax
$36.35 – GRAND TOTAL
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