Pot buyers add more than $1M to Colorado tax coffers

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Image: NBC News

n the first month of legal recreational marijuana sales in Colorado, retailers who shared their proprietary data with NBC News say they have collected $1.24 million in tax revenue.

Half of the state’s 35 licensed recreational retailers participated in the NBC News survey. The 18 retailers shared the first 27 days of their tax data because they say they believe it will help their image.

n several cases, some of those sharing data had only sold recreational pot for four days due to complications with obtaining their state and local licenses.

In a back-of-the-napkin calculation, those who shared the data say they figure February’s tax collections in Colorado likely will exceed a quarter of a million dollars a day, putting it on pace to near $100 million annually.

When Colorado first considered legalizing recreational marijuana, it was estimated the first year’s tax take would be $67 million.

By comparison, Colorado took in about $39.9 million in sales, use and excise taxes from alcoholic beverages in fiscal 2013, according to the state Department of Revenue. Cigarettes generated $165.5 million in taxes, and tobacco products $31.6 million in the same fiscal year, July 1, 2012-June 30, 2013.

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Vouchers don’t do much for students

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Ever since the administration filed suit to freeze Louisiana’s school voucher program, high-ranking Republicans have pummeled President Barack Obama for trapping poor kids in failing public schools.

The entire House leadership sent a letter of protest. Majority Leader Eric Cantor blistered the president for denying poor kids “a way into a brighter future.” And Louisiana Gov. Bobby Jindal accused him of “ripping low-income minority students out of good schools” that could “help them achieve their dreams.”

But behind the outrage is an inconvenient truth: Taxpayers across the U.S. will soon be spending $1 billion a year to help families pay private school tuition — and there’s little evidence that the investment yields academic gains.

In Milwaukee, just 13 percent of voucher students scored proficient in math and 11 percent made the bar in reading this spring. That’s worse on both counts than students in the city’s public schools. In Cleveland, voucher students in most grades performed worse than their peers in public schools in math, though they did better in reading.

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WTF!

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A line needs to be drawn and we must have admittance. Michele Bachmann is mental and her husband is a closeted gay person. I’m pretty sure this isn’t the first time he or she has heard this said. What bothers me once again is they rail so much against big government yet they accept tax dollars; first for her many adopted children and for their business, the pray the gay out of you clinic. I’m living in bizarro world when it comes to them and that ilk. Also this idiot signed the marriage vow; what worthless piece of butt wipe. As usual they had to play the race card. It was so bad they had to omit what was previously there and yet again her people had to go into spin over drive. She didn’t know that was in the pledge; what…God didn’t tell you? She looking more and more presidential by the minute. This lady has some Chutzpah-WTF!

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I write this in remembrance of  Jadon Higganbothan. He was the four-year-old shot in the head because Peter Lucas Moses leader of a cult in Durham, NC thought he might be gay. This is where gay rhetoric has gotten us. I’ve read some other places that some people blame Tracy Morgan. I Blame Peter Lucas Moses and I blame the mother for allowing this to happen. This is a perfect example of religion going wrong. I’m so disturbed by this that I’m at a loss for words. WHERE’S THE OUT CRY FROM THE RIGHT, WHERE’S MENTION OF THIS STORY. I guess since a Bible believer did it they want to hide or simply stay away from it. This is why I hate religion, you had a loon who thought of himself more than he should have. The Bible or any other religious book is dangerous in the wrong hands. Goodbye little Jadon, May your blood be AVENGED!

Government has gotten crazy. Should obese kids be taken from their parents and put in foster homes. The answer is no! Is this considered neglect, yes, up to a point. I don’t think any parent wants their child to be overweight. That stigma is bad enough for that child. Proper eating is a learned behavior. The food pyramid that we were taught as kids is wrong and insufficient. I believe parents are responsible for their children but how can you be held responsible for some you don’t know. All someone has to do is go the nutritionist, yea right. America is a scab that needs to be pulled in order for it to heal. We have so much finger-pointing and not enough solutions. I guess the answer is to separate families and create more issues than we already have-WTF!

Joke of the Day-Boehner’s face isn’t red because of a tan, it’s because the Tea Party keeps bitch slapping him.

John Jones

The NON-Conformist

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