8Nov/090
Should cities tax marijuana? debatable, definitely
Taxing medical marijuana sales is an idea worth considering, not because it is a potential cash cow for fiscally constrained governments, but because it could raise revenue needed to cover the services the flourishing businesses will require.
But caution is in order. There are some dominoes that need to fall first.
The topic came up again last week, as Denver City Council members Chris Nevitt and Charlie Brown publicly expressed support for imposing a city sales tax on medical marijuana sales. "We've got to tax this damn thing at the city rate, which is 3.62 percent," Brown told us. "We're talking millions of dollars here."
Read the full article at the Denver Post