Because of our zany TABOR Amendment ("Taxpayers Bill of Rights"), some of the excise taxes collected on marijuana sales in Colorado may end up going out as refund checks to the citizenry, rather than being used for the purposes previously discussed when it was legalized.
Tax law quirk means pot may pay off for Coloradans literally
Colorado’s marijuana experiment was designed to raise revenue for the state and its schools, but a state law may put some of the tax money directly into residents’ pockets, causing quite a headache for lawmakers.
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This is the one thing that the Lege can legally do but seems completely unwilling to do:
"The head-scratching extends to Colorado's marijuana industry. Several industry groups actively campaigned for the pot taxes but aren't taking a position on whether to refund them.
Mike Elliott of the Denver-based Marijuana Industry Group said it isn't pushing for lower taxes, but that's an option lawmakers don't seem to be considering. State law doesn't bar lawmakers from cutting taxes without a vote."
+Stan Pedzick Remarkable that our state GOP majorities have found a tax they are unwilling to cut …