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Detroit Free Press columnist Mitch Albom is puzzled that the tax on legalized pot will be much lower in Michigan than other states:
Dealers in Michigan will only have to shoulder a 10 percent excise tax — plus collect our normal 6 percent sales tax, which is what you pay if you buy a toaster at Best Buy.
By comparison, the state of Washington charges 37 percent sales tax on pot. Colorado takes a 15 percent sales tax and a 15 percent excise tax. Oregon, which doesn’t have a sales tax on anything else, slaps 17 percent on marijuana. California levies a 15 percent excise tax plus a product-tax rate on every flower and leaf.
And Michigan? We just voted in about the cheapest deal in America. Which means private marijuana enterprises can make more profit here than almost anywhere else.
As Cheech might say to Chong. “Whoa, dude. We did that?”
We did.
