marijuana tax

Legal Marijuana
5:00 am
Tue February 25, 2014

Pot Tax Revenue Estimates Likely Hazy

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AP Photo

Within the next year, marijuana taxes will start arriving in Washington state coffers. But how much money can the state realistically expect to take in from legal, recreational pot sales? Washington’s revenue forecaster recently unveiled his first estimate, but the numbers may be a bit hazy.

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taxing marijuana
10:31 am
Thu October 31, 2013

Will Wash. State's Legal Pot Taxes Go to Health Care?

Associated Press

One selling point of Washington's new legal marijuana law was that a huge chunk of pot-related tax revenue would be devoted to health coverage for low-income residents.

But it's not clear the money will go to health care after all.Under the federal Affordable Care Act, also known as "Obamacare," a would-be recipient of the pot taxes— Washington's Basic Health Plan—is being eliminated. The plan, which provided low-cost health insurance to the working poor, is being absorbed by Medicaid and will end Dec. 31, according the state Health Care Authority.

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