marijuana tax

: TaxVox

Tracking State Tax Policy Is Hard; A New Resource Helps You Prepare For Policy Debates In All 50 States

What are the biggest trends in state tax policy? Sometimes there are easy answers to this question. In recent years nearly every state made changes...

January 28, 2020Richard C. Auxier

Individual Taxes: TaxVox

Naughty Or Nice: What If Santa Claus Had To Levy Sin Taxes?

Unlike Santa, governments want at least some residents to be a little “naughty” and continue do things it considers harmful so it can collect “sin taxes” on their behavior.

December 4, 2019Renu Zaretsky

State and Local Issues: TaxVox

High Hopes and Altered States: Choices, Marijuana, and Tax Revenue

If legalized this fall, taxing recreational marijuana in Michigan can produce a fairly large pot of money. The state's new governor, also to be chosen this fall , could modify the current marijuana tax plan. What should he or she consider?

August 1, 2018Renu Zaretsky

Individual Taxes: TaxVox

A Trump Crack Down on Legal Marijuana Would Hurt State Budgets

If the Trump administration ends legal marijuana sales in America, an idea Attorney General Jeff Sessions supports , states collectively could lose billions of dollars...

April 4, 2017Richard C. Auxier

: TaxVox

It’s Spring Break, and “Everything’s Coming Up Taxes…” (No Daffodils)

Congress is in recess and the Daily Deduction will post Mondays until it reconvenes. We’ll be back to our regular schedule on April 13. Taxpayers: How are IRS budget cuts affecting you? You can find out on Wednesday from IRS Commissioner John Koskinen at a TPC event at the Brookings Institution .

April 6, 2015Renu Zaretsky

: TaxVox

Can Expectations Be Too Low?

Pot tax refunds for all in Colorado? Colorado’s controversial Taxpayer Bill of Rights (TABOR) says that the state cannot keep more tax revenue than it expected to collect in the year it levies a new tax. Colorado is on track to collect an extra $219 million in revenue in the current fiscal year and

March 3, 2015Renu Zaretsky