News

The latest in marijuana news, culture and politics

Is marijuana making too much money for Colorado?

News Posted Feb 6 2015

Have you ever had so much money that you couldn't spend it all? Sounds like a nice problem to have, and thanks to marijuana, Colorado has a surplus of tax money with no answer on how to use it. Currently in Colorado there is a law allowing the state to literally give money back to the people, resulting in $2.2 Billion returned since 1992. However, there is a bill in the works to pull marijuana from the taxation refund program, which many Coloradans disagree with.

“I don't care if they write me a check, or refund it in my taxes, or just give me a free joint next time I come in,” Aurora, Colo. resident David Huff told the Associated Press. “The taxes are too high, and they should give it back."

Original article: http://www.csmonitor.com/USA/USA-Update/2015/0205/Is-marijuana-making-too-much-money-for-Colorado

Related Posts