Posted on 08/27/2013 5:09:03 PM PDT by Sub-Driver
Denver seeks 3.5 percent tax on sales of marijuana Photo 6:12pm EDT
By Keith Coffman
DENVER (Reuters) - The city of Denver, in a first step toward regulating newly legal recreational marijuana, will ask voters to approve a 3.5 percent sales tax on pot sales in a citywide ballot measure in November, a city official said on Tuesday.
The municipal sales tax, if approved at the polls, would be on top of a proposed 25 percent sales and excise tax that voters statewide will also be asked to adopt in November to fund the regulation and enforcement of non-medical cannabis use.
"We are breaking new ground, and the country is watching us," Denver City Council President Mary Beth Susman said on Tuesday, the morning after the council voted 11-1 to approve placement of the city tax measure on the ballot.
(Excerpt) Read more at reuters.com ...
“Regulating” marijuana?
Not a chance. All bets are off.
Well, well, well...heh, heh, heh....enjoy government intrusion and inflation, you chronics...
Rocky mountain high ping.
If you’re too lazy to grow your own.......
Why not make it 40% and spend that money hiring mo gov’t drones to staff marijuana treatment programs?
Hello 911? I smoked some pot and have overdosed on chocolate brownies and Fritos pie
The Mary Jane 1099 will catch all the tax escapers....
It’s always about the money. Pot isn’t even very habit forming, but the govt. will soon be hopelessly addicted...
The birth of the Denver Cartel.
“Pot isnt even very habit forming,”
Really?
There is also talk about making dispensaries pay into a fund to subsidize it for the poor.
It appears that I was correct about thinking decriminalization was wiser than legalization. Better to pay a small fine when you get caught than pay every time you buy.
Anybody paying any of those taxes is just handing a signed confession to a Federal prosecutor. One day, when the time is right, that confession will get used.
Personally, I wouldn't care if they taxed pot like it was gasoline but the real question is to what lengths the users would go to avoid paying the tax? You have to remember most pot smokers a) have already shown a blatant disregard for the law all these years by purchasing/growing an illegal drug and b) are pretty darned savvy already about getting around the law to feed their habit.
Ultimately, I think it will fail unless they can get the entire state to join on the tax.
oh some will buy it legally....many more will grow their own, steal from somebody, and break into weed shops....
Oh, the State wants to throw their taxes on top of this. Now that we are being governed by Dems, they never miss an opportunity to tax anything.
Its always about the money. Pot isnt even very habit forming, but the govt. will soon be hopelessly addicted...
Money is to government as heroin and cocaine to drug addicts.
I grow my own tobacco, and I don't pay any sales tax on what I grow.
/johnny
If its legal to grow, why feed the government by giving them taxes?
“That’s so unfair man... I mean like how can you tax a buzz dude”?
If I go buy a beer and pay cash, I've paid the tax for the beer, but there isn't any link to make a signed confession out of it...
How do you think sales taxes work?
/johnny
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