Why pot taxes can’t solve Colorado’s budget problems

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A customer counts out cash for a transaction at the Native Roots pot shop in Boulder County. Marijuana sales in Colorado are subject to the regular state sales tax of 2.9 percent. In addition, recreational sales are subject to a special 15 percent excise tax and a 10 percent sales tax.
A customer counts out cash for a transaction at the Native Roots pot shop in Boulder County. Marijuana sales in Colorado are subject to the regular state sales tax of 2.9 percent. In addition, recreational sales are subject to a special 15 percent excise tax and a 10 percent sales tax.

“What do you mean the state has budget troubles? What about all the tax money from marijuana? Wasn’t that supposed to solve everything?”

As a nonprofit devoted to educating Coloradans on the state’s…

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