© 2024 Western New York Public Broadcasting Association

140 Lower Terrace
Buffalo, NY 14202

Mailing Address:
Horizons Plaza P.O. Box 1263
Buffalo, NY 14240-1263

Buffalo Toronto Public Media | Phone 716-845-7000
WBFO Newsroom | Phone: 716-845-7040
Your NPR Station
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Colorado To Tax Legalized Marijuana

STEVE INSKEEP, HOST:

Good morning, I'm Steve Inskeep.

The debate over taxes now extends to pot. Colorado voted to legalize marijuana but lawmakers have been debating how to tax it, and that debate is partisan. Democrats want taxes high, saying consumers will gladly pay. Republicans want lower taxes, saying otherwise a black market will develop. But to their credit, lawmakers took a deep breath, inhaled, and let the system work. After considering a 30 percent tax, the State House trimmed it to 25.

It's MORNING EDITION. Transcript provided by NPR, Copyright NPR.