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Message
re: CO Annual Marijuana Sales Top $1B For First Time
Posted on 12/13/16 at 10:17 am to colorchangintiger
Posted on 12/13/16 at 10:17 am to colorchangintiger
quote:
Why don't these numbers jive?
$1B in sales. 12.9% sales tax. and only $50M in taxes collected?
Medical isn't taxed. Also, it's not including sales tax and local taxes. It's just the reefer tax. It's also not including income tax from business and employees. Do the total generated tax revenue is much higher.
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