Friday, July 9, 2010

Denver City Councilman wants a 6% tax on medical marijuana

Councilman Doug Linkhart says a proposed 6 percent sales tax on medical marijuana could raise roughly $4.2 million per year for after school, summer and recreation programs as well as crime prevention services.

Medical marijuana products already face a 3.62 percent sales tax in the City and County of Denver and a 4.1 percent sales tax from the state.

Linkhart says the goal of the tax increase is to reduce dropouts, increase graduation rates and with a special attention to middle-school students.

The measure gets its first public hearing in front of the City Council Safety Committee on July 21.  More -

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