5 ms·
>Tax collected on marijuana sales came to $70 million (does not give the time period) How much does Colorado collect in taxes on cigarettes and alcohol? I can'
by mason240 11y ago
>Tax collected on marijuana sales came to $70 million (does not give the time period)
How much does Colorado collect in taxes on cigarettes and alcohol? I can't find any numbers to put this into context.
- ericboggs 11y agoLooks like ~$200M in state and local tobacco tax revenue in 2012. http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=403 http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc...
- lotharbot 11y agoColorado collected $42 million in alcohol taxes over the same time period. http://dailycaller.com/2015/09/15/colorado-just-became-the-first-state-in-history-to-collect-more-taxes-from-marijuana-than-alcohol/ http://dailycaller.com/2015/09/15/colorado-just-became-the-f...
- toomuchtodo 11y agoSeems like their alcohol taxes are far too low, considering how much more harmful alcohol is versus marijuana.
- 6502nerdface 11y agoOr their marijuana tax is too high (as it were).
- JonFish85 11y agoIf that's all the tax is meant to do, offset harm. Which is only one small part of the story, I imagine.
- TallGuyShort 11y agoI've had a hard time convincing many of fellow Coloradoans of how harmful alcohol is compared to marijuana. It's newly legal, so people fear it more irrationally.
- toomuchtodo 11y agoThis is what I use to get my point across. http://www.economist.com/blogs/dailychart/2010/11/drugs_cause_most_harm http://www.economist.com/blogs/dailychart/2010/11/drugs_caus...
- leesalminen 11y agoThis doesn't take into account the revenue the state gains through its vicious DUI/DWAI laws. I would venture to guess that number far exceeds $42 mm/annum.
- dupe576 11y agoIf you are going to include that, wouldn't you then have to include all the money it costs the state to pay for damages caused by drunken drivers?
- azernik 11y agoAccording to [1], $206M in 2012. [1] [http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Docid=403 http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc...]
- dsp1234 11y agoAccording to this Colorado DOR [0], this report [1] contains the following figures for Fiscal year 2013/2014 for alcohol excise taxes: Spirits: $26,512,197 Wine: $ 5,571,591 Beer: $ 8,784,975 For a grand total of $40,868,764. I did not look for figures for cigarettes. [0]- https://www.colorado.gov/pacific/revenue/colorado-liquor-excise-taxes https://www.colorado.gov/pacific/revenue/colorado-liquor-exc... [1] - https://www.colorado.gov/pacific/sites/default/files/Liquor%20Excise%20Tax%200115_1.pdf https://www.colorado.gov/pacific/sites/default/files/Liquor%...