Marijuana sales would be taxed at a maximum rate of 18.75 percent under legislation being developed by the House in preparation for a Thursday vote that would also alter the oversight and local control of an industry legalized by voters last November, according to sources within the Legislature or close to the process.The new tax structure for recreational marijuana, which would increase the rate by 6.75 points from the maximum 12 percent tax imposed by the ballot law, would put [...]
↧