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Re:Colorado Pot Tax Proving More Lucrative Than Expected by erichurkman on Saturday February 22, 2014 @03:00PM (#7283350)
> In Colorado, the first $40M in taxes each year are required to be allocated towards school funding, per the state constitution.

Won't this end up like lottery funding "education" in most states? [1] A guaranteed $40M in funding to schools means the legislature will simply reduce funding by $40M and move the balance around the general fund to other initiatives.

I'm not arguing additional tax money is bad, but we shouldn't pretend this will product a windfall of available money for the Colorado school systems.

[1] http://www.washingtonpost.com/blogs/answer-sheet/post/mega-m...

Re:Colorado Pot Tax Proving More Lucrative Than Expected by chimeracoder on Saturday February 22, 2014 @03:05PM (#7283376)
> I'm not arguing additional tax money is bad, but we shouldn't pretend this will product a windfall of available money for the Colorado school systems.

Nobody is - the point is that any attempt to repeal the law down the line can be viewed as a cut to the education budget.

The point of the clause is not to generate revenue for the school system; it's to create political friction against reversing the law.

Re:Colorado Pot Tax Proving More Lucrative Than Expected by dinkumthinkum on Saturday February 22, 2014 @08:09PM (#7284493)
Are you under the impression that attempts to cut education budgets, especially direct ones, always fail?