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A comment on Marijuana tax take nearly double expected in Colorado. Parent comment

Re:Marijuana tax take nearly double expected in Colorado by Phlarp on Wednesday September 16, 2015 @03:25PM (#10229137)
Alcohol is heavily taxed, and as any liquor store owner will tell you, it's taxed at every possible opportunity: production, distribution and end user sales.

We should be striving to bring overall tax rates for tobacco and marijuana up to match alcohol.

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Re:Marijuana tax take nearly double expected in Colorado by dublinben on Wednesday September 16, 2015 @03:42PM (#10229268)
Why? Alcohol is much more harmful than cannabis. It should be taxed at a higher rate.
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Re:Marijuana tax take nearly double expected in Colorado by rconti on Wednesday September 16, 2015 @03:53PM (#10229361)
The difference is, because of its prohibition, marijuana has a thriving black market. They need to stamp out the black market before they can get taxation to that level.
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Re:Marijuana tax take nearly double expected in Colorado by lotharbot on Wednesday September 16, 2015 @05:06PM (#10229866)
A friend of mine visited me in Denver from another state. He came back from a weed store with a little bottle and exclaimed "dude, this was only 10 bucks! It'd cost me like $50 back home!"

I'm really looking forward to seeing data on what happens to the black market for other drugs, with marijuana now easier to get legally than illegally.

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Re:Marijuana tax take nearly double expected in Colorado by chipgap98 on Wednesday September 16, 2015 @03:41PM (#10229262)
Marijuana has an incredibly high tax in Colorado. IRC its like 25%
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Re:Marijuana tax take nearly double expected in Colorado by moonchrome on Wednesday September 16, 2015 @04:04PM (#10229442)
25% incredibly high ? Some European countries have higher VAT than that :(
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Re:Marijuana tax take nearly double expected in Colorado by gingerlime on Wednesday September 16, 2015 @05:29PM (#10230043)
nitpick, 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

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Re:Marijuana tax take nearly double expected in Colorado by moonchrome on Wednesday September 16, 2015 @06:24PM (#10230379)
Fair enough - there are several countries that have 25% (my country included) so I should have said >=
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Re:Marijuana tax take nearly double expected in Colorado by chipgap98 on Wednesday September 16, 2015 @05:08PM (#10229879)
Is that a reasonable metric in this case? I'd be more interested in the tax other countries have on marijuana/alcohol
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Re:Marijuana tax take nearly double expected in Colorado by moonchrome on Wednesday September 16, 2015 @06:32PM (#10230422)
Considering 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.
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Re:Marijuana tax take nearly double expected in Colorado by chipgap98 on Friday September 18, 2015 @08:59AM (#10238890)
In the US, that would be an incredibly high tax
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Re:Marijuana tax take nearly double expected in Colorado by aianus on Wednesday September 16, 2015 @05:57PM (#10230174)
Hahaha the tax on alcohol in Ontario is over 100%. Cigarettes are something like 200%-300%.
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Re:Marijuana tax take nearly double expected in Colorado by jessaustin on Wednesday September 16, 2015 @04:16PM (#10229538)
'sparkystacey you appear to be hellbanned. It's not obvious why since your comments seem innocuous.
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Re:Marijuana tax take nearly double expected in Colorado by sparkystacey on Wednesday September 16, 2015 @03:49PM (#10229321)
Is it? The numbers earlier suggested Colorado only brought in half the tax for alcohol it did for weed. My bet is alcohol costs the state far more in police and social services than weed does. Weed smokers don't usually get in car wrecks or end up in fights that lead them to the ER.
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