Taxes On Recreational Pot Sales Could Top 35 Percent
July 10, 2013 10:54 AM
DENVER (CBS4)- The taxes on recreational marijuana might go a lot higher than first thought. Smokers buying at shops in Denver may pay up to 35 percent in taxes.
Colorado voters will be asked to approve two state taxes totaling 25 percent on all retail marijuana sales in the November election. They may be asked to approve an additional city tax for Denver.
Denver Mayor Michael Hancock wants to add an additional five to 10 percent city tax on top of that.
https://denver.cbslocal.com/2013/07/10/taxes-on-recreational-pot-sales-could-top-35-percent/
I didn’t realize that Denver taxed essential “MEDICINES” at such a high rate….
What a joke.
What a farce.
It should be taxed same as alcohol
Why?
It is not a recreational drug – that is illegal.
We are told that it is a “medicine”.
If we are to believe this farce, then it should be taxed (or not) as such.
Ha Ha what a joke.
When did pot become an essential medicine?