Colorado approves letting state keep taxes from marijuana sales

By Edward Stoner

DENVER — Colorado voters agreed Tuesday to allow the state to keep $66 million worth of marijuana taxes despite an accounting error that could have forced the state to refund the money to taxpayers and pot growers. An accounting error in a pot tax measure approved two years ago led to the proposition. An inaccurate tax projection required the state to ask voters again if it could keep the revenue collected last year from a 10 percent sales tax and 15 percent excise tax on recreational pot. The vote means the state won’t have to refund the $66 million and …

Source:: Vail Daily Feed