Colorado senator wants tax on medical marijuana - The Denver Post
Colorado senator wants tax on medical marijuana - The Denver Post A state senator said Thursday he wants to ask voters to impose a special tax on medical marijuana. Sen. Chris Romer, D-Denver, said he intends to amend a bill that creates regulations for medical-marijuana dispensaries to include a provision that places an excise tax on medical marijuana, similar to the special excise tax that already exists for alcohol. Because of the Taxpayer's Bill of Rights, that provision — if first approved by lawmakers — must be put before the voters before the tax could be imposed. Romer wants to use the resulting revenue — which he hopes to be about $10 million to $15 million annually — to fund drug education programs for teens, substance- abuse treatment centers, and The idea received a cautious reception from medical-marijuana advocates. Attorney Rob Corry said he's intrigued by the idea but would first need to see more specifics. "With taxation comes legitimacy," Corry said. "This industry is one of the few that is asking to be taxed and legitimized to join the rest of the business world." The measure would be inserted into House Bill 1284, which creates new requirements for the state's medical-marijuana dispensaries, and is just one of several changes the bill will likely see when it comes up for its first hearing next week.
2 comments:
How can the good senator even think about an excise tax in Colorado when the Federal government has its DEA war on drugs going on, busting growers who have state permits?
I think there are some constituional issues here?
If the Senator wants to raise some money why doesnt he look to do away with Mandatory Parole. That would automatically cut all inmates sentences equally, do away with a bunch of high paying DOC jobs and save the state millions. The mandatory parole issue was wrong to begin with as its, double jeopardy. The idea of mandatory anything is wrong. If the legislature continues to turn a deaf ear to this issue, we the people are going to see to it that Colorado impose, yes, Mandatory Term Limits for all legislators and political figures.
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