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re: Colorado Sells $19 Million in Cannabis in March: $1.9 Million Goes to Schools..
Posted on 6/3/14 at 1:21 pm to the808bass
Posted on 6/3/14 at 1:21 pm to the808bass
quote:
Better than it would have been without legalization.
Or to say another way, negligible.
Except your math is wrong. They raised 1.9 million for schools, which by the way isn't the total tax revenue for pot, in a month. You calculated that as if it were the total for the entire year.
2
Posted on 6/3/14 at 1:23 pm to TreyAnastasio
No, I used $30M. The projected total for the year.
30,000,000/10,250,000,000=
And I do not believe the total tax revenue collected goes to the schools. Only a portion of it does.
30,000,000/10,250,000,000=
And I do not believe the total tax revenue collected goes to the schools. Only a portion of it does.
Posted on 6/3/14 at 1:26 pm to TreyAnastasio
quote:
They raised 1.9 million for schools, which by the way isn't the total tax revenue for pot, in a month.
Just read this correctly. You are correct.
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