Colorado Pueblo County: Citizen Oversight Group To Meet Quarterly To Keep Close Eye On How Local Govt Is Managing Cannabis Tax Revenue

Colorado Pueblo County: Citizen Oversight Group To Meet Quarterly To Keep Close Eye On How Local Govt Is Managing Cannabis Tax Revenue

KOAA reports…..Since marijuana has been legalized in the state of Colorado, many people have been left wondering where exactly the tax money is going. A new citizen led group in Pueblo aims to better communicate how it is used, and provide community input into how people would like to see it used. Seven volunteers from different areas in Pueblo County will be meeting four times a year to break down where both the excise and retail sales taxes on recreational marijuana are being spent. Jason Chippeaux is now the chair of the committee, and said there’s no shortage of need for the money in the community, and there are lots of ideas as to how it should be used. “My interest primarily was that of a citizen, with two kids who live in Pueblo, and rooting for the best for Pueblo,” said Chippeaux. There are two kinds of taxes placed on recreational marijuana: excise and retail sales taxes. Excise taxes are essentially on the first sale of recreational marijuana from where it was grown to a shop or manufacturer. Right now, in Pueblo County, excise taxes are split into two categories, with half going to scholarships and the other half for special…

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Source : CANNANNEW REPORT
Link to original : Colorado Pueblo County: Citizen Oversight Group To Meet Quarterly To Keep Close Eye On How Local Govt Is Managing Cannabis Tax Revenue
reposted by Cannabis News World

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