Colorado marijuana sales rake in $2 million in taxes in January - 4 views
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Tutar A on 23 Nov 14This article is about the excise taxes on marijuana in Colorado. It is important to know that the tax revenue $2 million dolars in January 2013. As marijuana is legal in Colorado, the government gets the best benefit of it by imposing harsh tax on marijuana. Since marijuana is price inelastic because of its addictive nature, the government can impose as much as taxes as it can which can lead to more revenues.
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Hellan L on 25 Nov 14This article demonstrates how profitable taxation can be for governments. The example here is that the state of Colorado earned over $2 million in taxes on the sale of marijuana, an addictive product.
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Piskin A on 27 Nov 14This article is about the income of the government by the taxes on marijuana which is legal in Colorado