Show of HandsShow of Hands

political July 7th, 2013 4:47pm

Currently, Colorado has a 10% special state sales tax and a 15% excise tax on pot. Do you believe Colorado would receive more revenue from pot, if they lowered or increased these taxes.

8 Liked

Comments: Add Comment

nmills Utah
07/07/13 9:47 pm

Demand for pot, because it is addictive, is likely inelastic, meaning that increased taxation won't influence quantity demanded too much.

kateXcore Dark side of the moon
07/07/13 11:12 am

Probably lowered. At this point people are probably still getting it the old way to avoid taxes.

Reply
shellybaxter1234 Peaceful Place
07/07/13 9:50 am

Neither - it seems about right

Reply
political Georgia
07/07/13 9:53 am

I wish I could've put that option.

r3VOLution not of this world
07/07/13 9:49 am

The tax is supposed to work as a deterrent as well as a source of revenue. Just like the cigarette tax.

Reply
political Georgia
07/07/13 9:52 am

Wouldn't it deter people more, if pot was just illegal?

r3VOLution not of this world
07/07/13 9:58 am

Prohibition didn't work in the 20s people actually drank more.
I hate cigarettes but I won't take away the freedom from ppl to be allowed to buy them.