Denver considers additional marijuana tax


BY THE ASSOCIATED PRESS

DENVER | The Denver City Council is considering asking voters to approve an additional tax on recreational marijuana to cover the costs of regulation.

That would be in addition to a ballot measure in November asking Colorado voters to approve a 15 percent excise tax plus a 10 percent statewide sales tax on all retail marijuana purchases.

The Denver Post reports (http://tinyurl.com/kx5rlsb) marijuana advocates are worried that excessive taxes could destroy the whole idea around voter-approved recreational marijuana use.

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Information from: The Denver Post, http://www.denverpost.com

  • Dave

    “marijuana advocates are worried that excessive taxes could destroy the whole idea around voter-approved recreational marijuana use.”

    ENOUGH SAID!

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