Marijuana Taxes Prove Sticking Point in Colorado

Marijuana as a potential tax bonanza has Colorado lawmakers wrestling with a question both sides say they don’t know how to answer: How much will people pay for legal weed? The state House advanced a taxing measure Monday to levy a pot tax in excess of 25 percent, a reduction from the 30 percent rate […]

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Marijuana Taxes in Colorado Could Exceed 30 Percent

Associated PressBy Kristen Wyatt  DENVER — A legislative panel decided last Friday that marijuana in Colorado could be taxed at rates above 30 percent. But voters would have to OK the taxes, and some lawmakers fear the state’s tax-skeptical public could reject such high rates. Medical Marijuana News – THCbiz

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