Counties Banning Pot Sales Want Money From Taxes

By: KKTV
By: KKTV
Some Colorado counties don

Credit: AP

Some Colorado counties don't want to allow retail sales of marijuana, but they don't want to be left out when the state starts collecting the tax revenue.

Next month, Colorado voters will decide whether to impose a 15 percent excise tax and a 10 percent sales tax on retail sales that start Jan. 1. The first $40 million in collected revenue would go to school construction needs. But after that, 15 percent of the revenue would go to counties that approved retail sales.

The Grand Junction Sentinel reports Friday that Colorado Counties Inc., the lobbying organization for counties, wants state lawmakers to consider also distributing the revenue to counties that don't permit marijuana sales.

Colorado Counties argues the impacts of pot sales will be felt statewide, regardless of where pot is sold.


You must be logged in to post comments.

Username:
Password (case sensitive):
Remember Me:
KKTV 520 E. Colorado Colorado Springs, CO 80903 Office: (719) 634-2844 Fax: (719) 632-0808 News Fax: (719) 634-3741
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 229374271 - kktv.com/a?a=229374271
Gray Television, Inc.