Colorado House gives initial approval to marijuana tax measure
Colorado lawmakers tried to find the Goldilocks level for recreational marijuana taxes — an amount neither too high to discourage voters from approving it nor too low to pay the costs of pot legalization. At the end of the debate, the state House gave initial approval to a bill that proposes a 15 percent excise tax and an initial 10 percent special sales tax on recreational marijuana, over the objection of Republicans who said the tax rates are too much.
The Denver Post (US)
Monday, April 29, 2013