Buzz-kill: Denver proposes 5% tax on marijuana sales
Posted on AllSides July 10th, 2013
From The Right
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Remember when marijuana activists argued that legalized pot could help control budget deficits by reducing police costs and raising tax revenues? Putting that into practice in Denver has proven a bit difficult. Advocates for legalization are now balking at a 5% tax on marijuana purchases, possibly going to 10% to match the state’s taxes on cigarettes: