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Marijuana has an incredibly high tax in Colorado. IRC its like 25%
by chipgap98 11y ago
Marijuana has an incredibly high tax in Colorado. IRC its like 25%
- moonchrome 11y ago25% incredibly high ? Some European countries have higher VAT than that :(
- deleted 11y ago[deleted]
- chipgap98 11y agoIs that a reasonable metric in this case? I'd be more interested in the tax other countries have on marijuana/alcohol
- moonchrome 11y agoConsidering those get taxed on top of VAT and are even higher in my country (it's not a % tax but a fixed number per defined unit but it comes down to ~30% post VAT on tobacco products for eg.) and AFAIK US has no VAT (maybe I'm wrong ?) I wouldn't call 25% tax incredibly high.
- chipgap98 11y agoIn the US, that would be an incredibly high tax
- gingerlime 11y agonitpick, but I think only one country has higher VAT rate than 25% - Hungary with 27% source: https://en.wikipedia.org/wiki/European_Union_value_added_tax https://en.wikipedia.org/wiki/European_Union_value_added_tax
- moonchrome 11y agoFair enough - there are several countries that have 25% (my country included) so I should have said >=
- aianus 11y agoHahaha the tax on alcohol in Ontario is over 100%. Cigarettes are something like 200%-300%.