Colorado voters to decide on pot — again

23rd October, 2015 by

By Melanie Wong

EAGLE COUNTY — When the state legalized recreational marijuana and voters gave the OK to tax the product to benefit schools, budget forecasters overlooked one thing — just how much pot people would buy.Turns out, retail marijuana sales and the rebounding economy exceeded the state’s expectations (although not by a huge margin), and the state government is asking voters if it can keep the additional tax revenue.When Colorado voters said yes to 2013’s Proposition AA, they approved taxes on retail marijuana, promising up to $40 million for school construction and another $12 million for drug safety programs. The taxes collected …

Source:: Vail Daily Feed

      

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