Dude, Where’s My Tax Revenue?

Unpredictable human behavior for Colorado marijuana sales is but one example of why economic forecasting for tax revenue and GDP is inaccurate.

More About Colorado Pot Tax, California Eggs and Library e-Books

Updates today on Colorado marijuana, California eggs and pricey library e-books: Marijuana Elasticity: With Colorado’s recreational marijuana tax close to 30%, I was skeptical that they would generate the revenue they expected. Now, it appears they might. During January, the state collected $2…