Marijuana: Colorado does not know what to do with his money


Less crime, more tourism, new jobs ... and too much money. The state of Colorado is now facing an unprecedented case: tax on marijuana sales relate so much money that it could be forced to pay part of the money to the people as reported by Rolling Stone.





The Colorado Constitution establishes a maximum amount of tax that may be levied (calculated based on inflation and population growth) beyond, according to a 1992 law, the state is obliged to fairly repay the surplus between each taxpayer. Now Colorado is a victim of its own success, tax the marijuana trade to 30% literally blew its ceiling. In other words, citizens could all be repaid 7.63 dollars (6.67 euros), representing their share of the 30 million overpayment.

The situation is so unusual that Republicans and Democrats agree to try to remove or at least to limit the application of the 1992 Act, explaining that making money would be irrelevant.

"I think it would be quite appropriate that we keep the money collected on sales of marijuana," said Bill Cadman, President of the Senate and member of the Republican Party.












But the problem is there, and the people of Colorado will surely be called to go to the polls to see if they decide to exclude revenues from taxes on marijuana count of total taxes or if they wish to receive their 7 63 dollars. In case the taxpayers decide to forgo the refund, the state undertakes to reinvest the excess in awareness campaigns, training for police officers to better recognize drivers under the influence of drugs.

Pending the decision of the people, the head of the Denver police confirmed that "everything happens for the best," one year after legalization.
Marijuana: Colorado does not know what to do with his money Marijuana: Colorado does not know what to do with his money Reviewed by Unknown on 11:46 Rating: 5

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