Colorado will spend $3 million dollars from marijuana tax..!

in #new6 years ago

marijuana.jpg

I was just reading that Colorado will be using $3 Million dollars from it's " Marijuana Tax " , to provide food and housing for the homeless people in Colorado. That is such a wonderful idea.

Finally the tax money is going to a great cause and not ending in some politicians bank account.

Since this decision was made nearly four years ago, Colorado has seen an increase year by year in tax revenue gains from the cannabis sales.

Most recent financial year, ending in June 2016, Colorado has made nearly $70 million,just amazing.

Of course there is a pile of tax money left and many taxpayers are now wondering where is the rest of the money going to.

For now I do think Colorado is on a great start but yes there is a great amount of cash that could be put to good use like building more housing and feeding the homeless.

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