Colorado Just Became The First State In History To Collect More Taxes From Marijuana Than Alcohol

Colorado Just Became The First State In History To Collect More Taxes From Marijuana Than Alcohol

COLORADO: No state has ever generated more tax revenue from marijuana than alcohol—until now.

The Colorado Department of Revenue, according to recently released figures, just brought in $70 million in taxes relating to marijuana, compared to less than $42 million for alcohol taxes, over the course of a year.

This Wednesday, Colorado is declaring a marijuana tax holiday, meaning that for a single day, taxes on marijuana items will be suspended.

Read full article @ Daily Caller

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