Would higher marijuana taxes in Denver drive consumers to the black market? Or just to nearby cities?
This week, Thomas Mitchell reported that Denver City Council will consider putting an initiative on the November ballot that wouldMy Spark Denver, which sounds very similar to Proposition 119, which failed to win a statewide vote last November, would increase the city's recreational marijuana sales tax
rate by 4.5 percent in order to raise funds for stipends that would be distributed to Denver families for learning enrichment programs. According to proponents of My Spark Denver, the tax hike would collect $22.5 million annually for an estimated 20,000 kids ages five to eighteen who live within city limits.
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