Marijuana taxation revenues help fix roads, teach the young children, and fight homelessness

Marijuana taxation revenues help fix roads, teach the young children, and fight homelessness

Charges and taxes from appropriate cannabis sales in Colorado from January 2014 to Might 31, 2017, have actually added over fifty percent a billion bucks to your state coffers. This will be in accordance with VS techniques.

The report revealed that in the period of time, their state attained through the leisure marijuana market:

$141.06 million through the 15% excise fees

$216.56 million from 10% unique product product sales income tax

$62.08 million through the 2.9% product sales income tax

Furthermore, there was a $39.76-million income originating from 2.9% product product sales taxon medical marijuana and $46.67 million from license and application feesfor the medical and adult markets. Читать далее «Marijuana taxation revenues help fix roads, teach the young children, and fight homelessness»