It's No Toke: Colorado Pulls In Millions In Marijuana Tax Revenue
http://www.forbes.com/sites/kellyphi...a-tax-revenue/They say crime pays? Not exactly. Legalize a former crime and tax it and it really pays.
Just ask Colorado. Perhaps not so awkwardly labeled the “Highest State,” Colorado pulled in $2 million in taxes related to the sale of recreational marijuana…in January 2014 alone. Combined with taxes on sales from medicinal marijuana, the state pulled in nearly $3.5 million in pot-related tax revenue. If that trend continues, the state will see more than $40 million in additional tax dollars in 2014. To put that in perspective, that’s approximately 1% of the total annual budgets for Delaware, South Dakota, Montana or West Virginia