Ever since Colorado legalized recreational cannabis there’s one perennial question that everyone always asks. Where is all the tax revenue from marijuana sales going?
Depending on where you live, the questions may get a bit more specific: If schools get pot money why do they continue to hurt for cash? Are school buildings getting fixed? Why is my town or county seeking tax hikes, aren’t government budgets pot plush? What do we get for our tax money? Where is it ending up?
In short, there’s a lot of questions.
Despite the fervor, marijuana isn’t the big green budget bandage that many envisioned. That’s not to say that the state isn’t making money on the deal, but, like many taxes, it’s not a cure-all that balances the checkbook.
Read the rest of the story at Colorado Public Radio.